The AI bubble argument misunderstands both bubbles and AI
danielmiessler.com
The AI bubble argument misunderstands both bubbles and AI
1–10 of 64 posts
Re: The AI bubble argument misunderstands both bubbles and AI
#2> If they're talking about the 2023-2024 "chatbots = rich", that's a bad argument because hardly anyone believes that anymore
Oh yes, this must be why chatbot companies announced $25 billion of new funding last week.
Re: The AI bubble argument misunderstands both bubbles and AI
#3It certainly is a bubble.
EDIT: The fact that I'm downvoted for saying that tells you that not only we're in a massive bubble, but the author knows that he's personally invested in the bubble getting bigger.
So of course he'll say "it isn't a bubble".
Re: The AI bubble argument misunderstands both bubbles and AI
#4Miessler went all in on LLMs as AI very early on.
Re: The AI bubble argument misunderstands both bubbles and AI
#5I appreciate the author trying to address this. The only issue is the author didn't define what 'pops' in the bubble.
The 'what' that pops, probably, IMHO, is the investment and resources ecosystem dumped, poured, thrown, redirected, etc. to AI.
Just like the .com boom, the costs and money thrown at AI are outsized and will 'pop" as it matures. A 'pop" and leveling down to something perhaps not so outrageous is coming.
As the author states, .com popped but left the Internet still around and expanding. AI is exactly that kind of bubble.
Re: The AI bubble argument misunderstands both bubbles and AI
#6It can be very useful and powerful and also be a bubble. See: dot-com bubble. It reminds me a lot of that.
Re: The AI bubble argument misunderstands both bubbles and AI
#7It can be very useful and powerful and also be a bubble. See: dot-com bubble. It reminds me a lot of that.
Please read the article before commenting - your comment is literally what the article is addressing.
Re: The AI bubble argument misunderstands both bubbles and AI
#8Says a man personally invested on this bubble inflating more, are we really just going to take these people at their words still? After seeing GPT 5?
Re: The AI bubble argument misunderstands both bubbles and AI
#9But if they think the bubble is the idea that "Modern AI will significantly transform business and the global economy, and that it'll lead to massive unemployment for knowledge workers", then—in my opinion—they're just wrong.
AI will one day transform the world but I do not believe modern AI will make that happen, that will have to wait for futuristic AI. I guess that makes AI not a bubble but I can still label modern, i.e. current, AI a bubble, right?
Re: The AI bubble argument misunderstands both bubbles and AI
#10Better to talk about the Gartner Hype cycle and it's stages compare it to technologies that clearly followed that cycle such as;
- Virtual Reality: big hype in the early 90s (arcades, movies like Lawnmower Man) through to use cases today like surgical training, aviation training
- Mobile video calls: hyped in early 2000's with 3G and pre-iPhone devices. Actually took off with 4G and 5G plus iOS and Android phones
- 3D printing: back in 2013 we were expecting "a 3D printer in every home" ... today valuable in industrial prototyping
Looking back at 2025 we'll be saying "Remember when they said everyone would lose their jobs to AI..."