FTA: "But with billions of dollars pouring into generative AI every year, we will see instant voice-to-code capabilities + bug-free quality in 2-5 years." HA HA HA HA HA HA HA HA HA HA HA HA omg, thanks for the laugh - "bug-free quality in 2-5 years" pfffffft I'm not holding my breath - rather, I think that by then, the hype will have finally lost some steam as companies crash and burn with their shitty, "almost work…
Think about how much progress has been made in the last 2-5 years. I can understand skepticism but not the HA HA HAs
A perhaps bigger concern is how flimsy the industry itself is. When investors start asking where their returns are at, it's not going to be pretty. The likes of OpenAI and Anthropic are deep in the red, absolutely hemorrhaging money, and they're especially exposed since a big part of their income is from API-deals with VC-funded startups that in turn also have scarlet balance sheets.
Unless we have another miraculous breakthrough that makes these models drastically cheaper to train and operate, or we see massive increases in adoption from people willing to accept significantly higher subscription fees, I just don't see how this is going to end the way the AI optimists think it will.
We're likely looking at something similar to the dot com bubble. It's not that the technology isn't viable or that it's not going to make big waves eventually, it's just that the world needs to catch up to it. Everything people were dreaming of during the dot com bubble did eventually come true, just 15 years later when the logistics had caught up, smartphones had been invented, and the web wasn't just for nerds anymore.