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On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right

by otikik 11mo ago

On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right before the whole house of cards collapses.

fzeroracer 11mo ago
It's very funny reading this thread and seeing the exact same arguments I saw five years ago for the NFT market and the metaverse. All of this money is being funneled and burned away on AI shit that isn't even profitable nor has it found a market niche outside of enabling 10x spammers, which is why companies are literally trying to force it everywhere they can.
- mrguyorama 11mo ago
  It's also the exact same human beings who were doing the NFT and metaverse bullshit and insisting they were the next best things and had to jump ship to the next "Totally going to change everything" grift because the first two reached the end of their runs. I wonder what their plan was before LLMs seemed promising? These techbros got rich off the dotcom boom hype and lax regulation, and have spent 20 years since attempting to force themselves onto the throne, and own everything.
flag_fagger 11mo ago
> On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right before the whole house of cards collapses. Careful now, if they get their way, they’ll be both the market and the government.
0x3f 11mo ago
That might well be the current 'market' for SWE labor though. I totally agree it's a silly bubble but I'm not looking forward to the state of things when it pops.
satvikpendem 11mo ago
In the case of the author, their market isn't LLM makers directly, it's the people who use those LLMs, so the author's market is much bigger and isn't susceptible to collapse if LLM makers go bankrupt (because they can just go back to what they are already doing now pre-LLM), quite the opposite as this post shows.
jayess 11mo ago
No, the "market" is 6 billion people making thousands of individual decisions daily.
- otikik 11mo ago
  Do you think 6 billion people are claiming for more effort and resources to be put on AI?

by otikik 11mo ago

fzeroracer 11mo ago

It's very funny reading this thread and seeing the exact same arguments I saw five years ago for the NFT market and the metaverse. All of this money is being funneled and burned away on AI shit that isn't even profitable nor has it found a market niche outside of enabling 10x spammers, which is why companies are literally trying to force it everywhere they can.

mrguyorama 11mo ago
It's also the exact same human beings who were doing the NFT and metaverse bullshit and insisting they were the next best things and had to jump ship to the next "Totally going to change everything" grift because the first two reached the end of their runs. I wonder what their plan was before LLMs seemed promising? These techbros got rich off the dotcom boom hype and lax regulation, and have spent 20 years since attempting to force themselves onto the throne, and own everything.

flag_fagger 11mo ago

> On this thread what people are calling “the market” is just 6 billionaire guys trying to hype their stuff so they can pass the hot potato to someone else right before the whole house of cards collapses. Careful now, if they get their way, they’ll be both the market and the government.

0x3f 11mo ago

That might well be the current 'market' for SWE labor though. I totally agree it's a silly bubble but I'm not looking forward to the state of things when it pops.

satvikpendem 11mo ago

In the case of the author, their market isn't LLM makers directly, it's the people who use those LLMs, so the author's market is much bigger and isn't susceptible to collapse if LLM makers go bankrupt (because they can just go back to what they are already doing now pre-LLM), quite the opposite as this post shows.

jayess 11mo ago

No, the "market" is 6 billion people making thousands of individual decisions daily.

otikik 11mo ago
Do you think 6 billion people are claiming for more effort and resources to be put on AI?