Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
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Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#2[flagged]
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#3[flagged]
A big portion of the global economy is currently banking on LLMs being able to do everything.
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#4I don't understand the people who have the patience to listen to Zitron. It's all one-tone takes with no place for nuance, you kind of know what he's going to say and the fact the mixes genuine criticism with bad faith arguments doesn't help.
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#5Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#6Meanwhile Deepseek just 6x-ed their inference efficiency at zero quality loss.
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#7I don't understand the people who have the patience to listen to Zitron. It's all one-tone takes with no place for nuance, you kind of know what he's going to say and the fact the mixes genuine criticism with bad faith arguments doesn't help.
> I don't understand the people who have the patience to listen to Zitron. It's all one-tone takes with no place for nuance...
But that's why some people give him the time of day. A lot of people prefer to see things in black and white because it's easier on the brain.
Basically, Ed is doing the easy part (pointing out the malinvestment) and not addressing the harder part, which is to predict what comes next in realistic terms. Because the idea that LLMs are just a $30-40 billion/year TAM and there's going to be an epic implosion that leaves only rubble is not the likely outcome.
It's a bit like the first .com boom. There was a huge amount of malinvestment and the bubble popping was painful, but there really was a business for people to buy stuff online, to consume paid content online, etc. The malinvestment got sorted and a couple decades on, immense wealth has been created.
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#8Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#9Meanwhile Deepseek just 6x-ed their inference efficiency at zero quality loss.
I logged into my account today to look at my balance and saw a notice that they're changing pricing to charge more at peak times. I haven't looked into to it more yet but I'm guessing it will still be significantly cheaper than the American models.
Re: Ed Zitron on CNBC: GenAI Doesn't Work, and Big Tech Is Out of Hypergrowth Ideas
#10Ed Zitron,
He gets things others are missing.
He also misses things others are getting.
I think it’s nice to have a voice criticizing the fundraising aspect of these companies. I do think we’ll see at least one of them blow up. The technology is obviously useful though. Hundreds of thousands of developers have already changed the way they were working for decades. Some of the criticisms that the technology doesn’t work at all go a bit too far.