I get so confused on this. I play around, test, and mess with LLMs all the time and they are miraculous. Just amazing, doing things we dreamed about for decades. I mean, I can ask for obscure things with subtle nuance where I misspell words and mess up my question and it figures it out. It talks to me like a person. It generates really cool images. It helps me write code. And just tons of other stuff that astounds me…
It's definitely a tech that's here to stay, unlike block chain/nfts But I mirror the confusion why people are still bullish on it. The current valuation for it is because the market thinks that it's able to write code like a senior engineer and have AGI, because that's how they're marketed by the LLM providers. I'm not even certain if they'll be ubiquitous after the venture capital investments are gone and the servic…
We saw this with the web. Pet.com was not a billion dollar company but the web was real.
I am actually of the belief that LLMs will be amazing but that rank and file companies are going to be the ones that benefit the most.
Just like the internet.