Why don’t you think it’ll pop? Most signs are pointing to a massive bubble, and the most damning indicator is people are choosing to hire programmers again once they start paying the true cost of their tokens.
And there is an accelerating tech debt that AI can’t fix.
Problem is the companies keep finding ways to delay the pop. Maybe it will finally pop someday but how many years from now is that gonna be? How deeply ingrained will it already be by then?
But I think the problem is that everything is oligopoly now, and everybody’s locked into a declining system. There’s no place to put money but real estate.
Because while LLMs are not quite what they are marketed, they are good or better than certain people at certain things. My impression is that it’s going to be a slow drawn out and painful fizzle rather than a pop.
Yes, there’s certainly money to be made; but the same could be said for the .com bubble too. Bubbles are about wild overvaluationr, and the valuations have no bearing to reality.
Why don’t you think it’ll pop? Most signs are pointing to a massive bubble, and the most damning indicator is people are choosing to hire programmers again once they start paying the true cost of their tokens.
And there is an accelerating tech debt that AI can’t fix.
Problem is the companies keep finding ways to delay the pop. Maybe it will finally pop someday but how many years from now is that gonna be? How deeply ingrained will it already be by then?
Been thinking the same about gas prices, tbh…
But I think the problem is that everything is oligopoly now, and everybody’s locked into a declining system. There’s no place to put money but real estate.
Because while LLMs are not quite what they are marketed, they are good or better than certain people at certain things. My impression is that it’s going to be a slow drawn out and painful fizzle rather than a pop.
Yes, there’s certainly money to be made; but the same could be said for the .com bubble too. Bubbles are about wild overvaluationr, and the valuations have no bearing to reality.
That is so, for sure, but in today’s hyper connected world i fear hype will prevail over sensible financials