3 ms·
The amount of cynicism motivated by amateur hatred is way way less than the amount of optimism generated by professional greed and profit motive. Imagine someo
by Terr_ 1y ago
The amount of cynicism motivated by amateur hatred is way way less than the amount of optimism generated by professional greed and profit motive.
Imagine someone in 2006: "All these cynics and doomsayers about the US housing market are just envious and bitter that they didn't get in on the ground floor with their own investments."
Perhaps some were, but if we're going to start discounting opinions based on ulterior motives, there's a much bigger elephant in the room.
- atleastoptimal 1y agoAI is a technology, the housing market in the mid 2000s was propped up by fraud deception and knowably unsafe financial engineering. There is a degree of fraud in AI startups but not nearly to the degree there was in other boom/bust businesses like crypto. Even if AI progress were to stop now, the productivity benefits of existing LLM’s still haven’t fully spread.