I see lots of talk on Lemmy about the AI bubble bursting. That AGI isn’t going to happen in the near-term, maybe it won’t ever happen. And so the the AI bubble will burst; ala the dot-com bubble.
But what exactly will burst? OpenAI and Claude? Those are private companies so maybe they will downsize or merge, but that’s not a bubble? NVIDIA & Microsoft? I don’t really see those companies imploding. They have a pretty large and diversified customer base. Besides, Apple and AWS are already moving away from NVIDIA by making their own hardware. I genuinely don’t understand where the big implosion is. Can someone help me understand this?
ETA: Is there an example analogous to pets.com for this AI bubble?
It’s extra frustrating for those of us working in companies where ML is actually a useful tool that we’ve been leveraging for years.
I remember when I was arguing “It’s not ‘learning’, it’s algebra”.
Now the hype has gone from learning to intelligence.
It’s still algebra.
Well yeah - but technically everything is just algebra.
If it happens on a computer, it can be expressed in s expressions.
Sure, but I do think there’s a difference between your message arriving here, and MNIST recognition algorithms.