Of course fairly quick progress was made - a truly astounding amount of money was poured into this industry in a short timeframe. The thing is, now it’s clear that AI isn’t really valuable enough to justify investment on the same scale anymore.

It feels like after people were still flush with cash at the end of the pandemic, reality hit and as people were profit taking from the market, LLMs seemed to emerge from the æther as the next best thing to glom on to. So now the hive mind dumped all their money into that and we are riding an incredible bubble.

So cheap gaming hardware in the future (similar to when telecoms over invested in transcontinental undersea fiber-optic cables)? What's the hangover gonna look like after this? What's the next grift?