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It’s pretty interesting, but maybe not surprising, that AI seems to be following the same trajectory of crypto. Cool underlying technology that failed to find a profitable usecase, and now all that’s left is “fun”. Hopefully that means we’re near the top of the bubble. Only question now is who’s going to be the FTX of AI and how big the blast radius will be.
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Crypto enabled gambling/speculation and dark markets, that's it. LLMs are enabling a billion usecases, a lot of them silly or of questionable utility, many of them sound (agentic development, document classification, translation, general purpose assistant stuff, etc.). Does it live up to the trillion investment hype? Definitely not. But if you think that LLM tech will go into obscurity after the bubble pops then I've got a bridge to sell to you.
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