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Say farewell to the AI bubble, and get ready for the crash

latimes.com

11–20 of 110 posts

Re: Say farewell to the AI bubble, and get ready for the crash

#11

Meh. Crashes come when there was no real business value. I use AI all day and I’m sure I’m not the only one.

I also consume all the heavily sibsidized LLM tokens I can find a use for. Great deal for us, the people who funded it?

Not so fun.

Re: Say farewell to the AI bubble, and get ready for the crash

#12

Meh. Crashes come when there was no real business value. I use AI all day and I’m sure I’m not the only one.

There is definitely value but not sure if it is as much as the AI bosses are promising. I don’t know if it will crash or not but they are definitely overselling it. GPT-4o to 5 is so incremental compared to 3.5 and 4.

Re: Say farewell to the AI bubble, and get ready for the crash

#16

Meh. Crashes come when there was no real business value. I use AI all day and I’m sure I’m not the only one.

The issue isn't that AI has no value but that the amount of money invested in it is out of proportion to the value it's going to generate within a reasonable time frame. Useful new technologies are invented all the time. But not many of them will yield a return on a trillion dollar investment.

Re: Say farewell to the AI bubble, and get ready for the crash

#19
Dot-com bubble is a good analogy.

Nvidia will be Cisco of this era. Cisco was the worlds most valuable company when dot-com bubble peaked, went down almost 90% in 2 years. There was lots of "dark fiber" all around (fiber optic cable already installed but not used).

I think OpenAI and most small AI companies go down. Microsoft, Google, Meta scale down, write down losses but keep going and don't stop research.

I hope AI bubble leaves behind massive amounts of cloud compute that companies are forced to sell at the price of the electricity and upkeep for years. New startups with new ideas can build upon it.

Investors will feel poor, crypto market will crash and so on.

Re: Say farewell to the AI bubble, and get ready for the crash

#20

Meh. Crashes come when there was no real business value. I use AI all day and I’m sure I’m not the only one.

Two things can be true simultaneously:

a) AI is an extremely useful productivity tool to accomplish tasks that other programming paradigms can't do.

b) Investment in AI is disproportionate to the impact of (a), leading to a low probability of sufficient ROI.

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