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It’s past the hype curve and into the trough of disillusionment. Over the next 5,10,15 years (who can say?) the tech will mature out of the trough into general adoption. GenAI is the exciting new tech currently riding the initial hype spike. This will die down into the trough of disillusionment as well, probably sometime next year. Like self-driving, people will continue to innovate in the space and the tech will be…
The Gartner hype cycle assumes a single fundamental technical breakthrough, and describes the process of the market figuring out what it is and isn't good for. This isn't straightforwardly applicable to LLMs because the question of what they're good for is a moving target; the foundation models are actually getting more capable every few months, which wasn't true of cryptocurrency or self-driving cars. At least some…
The hype cycle has no mathematical basis whatsoever. It's marketing gimmick. It's only value in my life has been to quickly identify people that don't really understand models or larger trends in technology.
I continue to be, but on introspection probably shouldn't be, surprised that people on HN treat is as some kind of gospel. The only people who should respected are other people in the research marketing space as the perfect example of how to dupe people into paying for your "insights".