this post was submitted on 12 Jun 2024
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They will eat massive shit when that AI bubble bursts.
I mean if LLM/Diffusion type AI is a dead-end and the extra investment happening now doesn't lead anywhere beyond that. Yes, likely the bubble will burst.
But, this kind of investment could create something else. We'll see. I'm 50/50 on the potential of it myself. I think it's more likely a lot of loud talking con artists will soak up all the investment and deliver nothing.
bubbles have nothing to do with technology, the tech is just a tool to build the hype. The bubble will burst regardless of the success of the tech at most success will slightly delay the burst, because what is bursting isnt the tech its the financial structures around it.