You couldn't be more right. This is in fact exactly like the dotcom bubble. LLMs are a useful technology, just like the internet. And yet the people losing their goddamn minds in the hysteria are the ones who are going to be bankrupted. I would almost be happy about it, if the ones most responsible weren't convincing a bunch of gullible saps to hold the bag while they make off with their ill-gotten gains.

I think you both should probably sit down for this. AI coding actually works.