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To determine if we’re in a bubble you only need to ask two questions: 1. Who is being replaced by “AI” 2. How much money are companies saving by replacing tho
by cedws 2y ago
To determine if we’re in a bubble you only need to ask two questions:
1. Who is being replaced by “AI”
2. How much money are companies saving by replacing those workers
The answer to both of those questions right now is effectively zero. And although LLMs might be good for boilerplate emails and homework, that doesn’t justify the huge amount of hype and capital flowing into the industry.
There will be a bust for this boom. It’ll probably coincide with the next economic downturn.