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Yeah it's worth remembering that the dot com bubble didn't come crashing down because the ideas weren't viable, we're very much living in a world dominated by t
by marginalia_nu 1y ago
Yeah it's worth remembering that the dot com bubble didn't come crashing down because the ideas weren't viable, we're very much living in a world dominated by the very things people were hyped on back then.
The dot com bubble came crashing down because we were still not there yet, at the turn of the millenium. We lacked the logistics to make large scale ecommerce viable, and we also lacked the smartphones to make it practical.
I generally feel we are in a very similar position right now. LLMs shows real promise, but also real limitations. I'm very skeptical it will bring significant utility in the next few years. Maybe in a decade or more, when other pieces of the puzzle are in place.
- tasuki 1y ago> I'm very skeptical it will bring significant utility in the next few years. LLMs are already bringing significant utility to me. I don't think they're a good investment though: they're very expensive to train and somewhat expensive to run. And I'm extremely fickle and will jump ship to the next one without a second thought.
- marginalia_nu 1y agoSure, but is this a degree of utility that stands in proportion to the trillion dollar valuation of the market sector?