Anyone looked at buying S&P sector-specific ETFs? For people who want to keep their portfolio spread as widely as possible, but are frightened by how tech-heavy the S&P index is, these seem a good option. But they all seem to have high costs (the first one I pulled up is 0.39%).
Say farewell to the AI bubble, and get ready for the crash
61–70 of 110 posts
Re: Say farewell to the AI bubble, and get ready for the crash
#62Earlier quoted context omitted.
95 per cent of organisations are getting zero return from AI according to MIT - https://news.ycombinator.com/item?id=44956648 - August 2025 State of AI in Business 2025 [pdf] - https://news.ycombinator.com/item?id=44941374 - August 2025 https://web.archive.org/web/20250818145714/https://nanda.med... > Despite $30–40 billion in enterprise investment into GenAI, this report uncovers a surprising result in that 95% of o…
GenAI is barely out of the research phase and is only now being fine-tuned for specific applications. Check back in 3 years.
Re: Say farewell to the AI bubble, and get ready for the crash
#63What a bad article. I mean how biased can you be, to put the first big quote from someone who wrote a book called "The AI con". Come on! This feels like the "deepseek r1 is the death of nvda" of 6 months ago. Someone is making a play, and whoever wrote this article fell for it. gpt5 has always been about making a "collection of models" work together and not about model++. This was announced what, a year ago? And they…
> gpt5 has always been about making a "collection of models" work together and not about model++. That is revisionist history. Look at Altman's hype statements in the weeks and months leading up to gpt5, some of which were quoted in the article. He never proposed gpt5 as what you're saying and indeed he claimed a massive leap in model performance.
> After that, a top goal for us is to unify o-series models and GPT-series models by creating systems that can use all our tools, know when to think for a long time or not, and generally be useful for a very wide range of tasks.
> In both ChatGPT and our API, we will release GPT-5 as a system that integrates a lot of our technology, including o3. We will no longer ship o3 as a standalone model.
6 months ago.
There's also another one, earlier that says gpt5 will be about routing things to the appropriate model, and not necessarily a new model per se. Could have been in a podcast. Anyway, receipts have been posted :)
Re: Say farewell to the AI bubble, and get ready for the crash
#64After the crash, tech "industry leaders" will struggle to explain why/how they were conned into believing that intelligence was a simple database function with some probability and statistics sprinkled on top.
Those talking heads haven't had to mea culpa for : Hype about Hadoop, hype about blockchain, hype about no code, hype about the previous AI bubble, hype about "agile", hype about whatever JS script is popular this week, etc.
Re: Say farewell to the AI bubble, and get ready for the crash
#65Earlier quoted context omitted.
Meanwhile Claude is helping me build a robot and is also writing the code that runs its subsystems but okay. Sure, I could do it all myself(maybe?) but not nearly as quickly or in the interstitial moments of life.
Sounds more like you're helping Claude build a robot.
Re: Say farewell to the AI bubble, and get ready for the crash
#66What a bad article. I mean how biased can you be, to put the first big quote from someone who wrote a book called "The AI con". Come on! This feels like the "deepseek r1 is the death of nvda" of 6 months ago. Someone is making a play, and whoever wrote this article fell for it. gpt5 has always been about making a "collection of models" work together and not about model++. This was announced what, a year ago? And they…
> gpt5 has always been about making a "collection of models" work together and not about model++. No, it wasn’t. Have you read and listened to Altman’s hype around GPT-5 from a year ago? They changed the narration after the 4.1 flop, which they thought would be GPT-5, and it seems some people fell for it. > Capabilities ~90-110% of their top tier old models at 4-6x lower price Maybe they finally implemented the DeepS…
I replied below in this thread with the specific post, 6 months ago.
> After that, a top goal for us is to unify o-series models and GPT-series models by creating systems that can use all our tools, know when to think for a long time or not, and generally be useful for a very wide range of tasks.
> In both ChatGPT and our API, we will release GPT-5 as a system that integrates a lot of our technology, including o3. We will no longer ship o3 as a standalone model.
Re: Say farewell to the AI bubble, and get ready for the crash
#67What a bad article. I mean how biased can you be, to put the first big quote from someone who wrote a book called "The AI con". Come on! This feels like the "deepseek r1 is the death of nvda" of 6 months ago. Someone is making a play, and whoever wrote this article fell for it. gpt5 has always been about making a "collection of models" work together and not about model++. This was announced what, a year ago? And they…
> gpt5 has always been about making a "collection of models" work together and not about model++. No, it wasn’t. Have you read and listened to Altman’s hype around GPT-5 from a year ago? They changed the narration after the 4.1 flop, which they thought would be GPT-5, and it seems some people fell for it. > Capabilities ~90-110% of their top tier old models at 4-6x lower price Maybe they finally implemented the DeepS…
OpenAI's CEO says he's scared of GPT-5
https://www.techradar.com/ai-platforms-assistants/chatgpt/op...
Sam Altman Compares OpenAI To The Manhattan Project—And He's Not Joking About the Risks
https://finance.yahoo.com/news/sam-altman-compares-openai-ma...
This is Altman after the release:
Sam Altman says ‘yes,’ AI is in a bubble
https://www.theverge.com/ai-artificial-intelligence/759965/s...
Re: Say farewell to the AI bubble, and get ready for the crash
#68What a bad article. I mean how biased can you be, to put the first big quote from someone who wrote a book called "The AI con". Come on! This feels like the "deepseek r1 is the death of nvda" of 6 months ago. Someone is making a play, and whoever wrote this article fell for it. gpt5 has always been about making a "collection of models" work together and not about model++. This was announced what, a year ago? And they…
Source? Others are calling out this as being incorrect, so a source would help people evaluate this claim. Personally I'm much more likely to believe that AI companies are moving the goalposts rather than making significant leaps forward.
Re: Say farewell to the AI bubble, and get ready for the crash
#69Meh. Crashes come when there was no real business value. I use AI all day and I’m sure I’m not the only one.
that didn't stop the housing bubble in the 2000s.
likewise, if I argue that Dutch "Tulip mania" [0] was a bubble, "but tulips are pretty" is not an effective counter-argument. tulips being pretty was a necessary precondition for the bubble to form.
the existence of a foo bubble does not mean that foo has zero value - it means that the real-world usefulness of foo has become untethered from market perceptions of its monetary value.
Re: Say farewell to the AI bubble, and get ready for the crash
#70The author isn't exactly a thought leader in the space, or really any space for that matter. Opinion worth nothing.