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▲ npilk 7 hours ago

> More than anything, I think the supposed AI bubble has become such a large talking point because it represents the hope that things can go back to how they used to be. People are afraid of what's going to happen with AI, and rightfully so.

> So, people wishcast. They tell themselves that this is all a giant bubble, and one day soon, everything will crash down and immediately go back to how it used to be.

+1 to this. I think this is why Ed Zitron gets so many readers - people want someone to tell them things will go back to “normal” someday.

▲GolfPopper 4 hours ago | parent | next [-]

I see it as the opposite. I think the this idea, the "seeing the LLMs as a bubble representing the hope that things can go back to normal" is itself projection from people who know their future is going to suck thanks to "AI" but really wish differently. Whether the LLM companies crash and burn, or succeed wildly, the outcome is going to be negative for the average American (and probably for the average human being).

▲eluru 4 hours ago | parent | prev | next [-]

It will eventually blow up of course but it wont be anything really expectacular, a bunch of larpers will be talking about giant loses for CEOs and surely, hopefully anthropic, all while it doesnt have a big effect on the people that know little about all of this. But still, nothing will be back to how it was, ever

▲ 7 hours ago | parent | prev | next [-]
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▲HeavenFox 7 hours ago | parent | prev | next [-]

Do people believe that? If AI is indeed a giant bubble and indeed the bubble pops, do people believe that AI will just... disappear from society?

▲a1o 7 hours ago | parent | next [-]

I am pretty sure the biggest thing in question is if OpenAI and Anthropic are as valuable as they say they are vs any other AI labs. I guess we will see, but I still feel it doesn’t take many ex-employees from them to build something that can wrestle them, and also it’s weird seeing other players that also have comparable AI models (Alphabet, Meta, whatever company owns Grok these days, …) do not get as much in value. There is also the “Can local models disrupt this?” question (and the Chinese labs), and there is also the question of hardware availability (will some player change this?).

I feel the projected value of both OpenAI and Anthropic requires that nothing changes in a space of technology where things seems to change a lot and reasonably suddenly.

▲etempleton 4 hours ago | parent [-]

Does Open AI or Anthropic fall behind? I think if either falls behind people are going to panic and the eventual stock price will tank. Both companies have a ton of commits so much in fact that one of them failing might take one or two other companies with them. That is what I think the big risk is.

▲npilk 6 hours ago | parent | prev | next [-]

Not people on here or who use it regularly, but on other parts of the net.

Maybe they know on some level it won’t go away, but the “wishcasting” leads to rooting for the bubble in the hope that maybe it actually will.

▲johnbender 7 hours ago | parent | prev | next [-]

No, no one believes that. Everyone can see that AI is going to change how many industries work completely. The parent is constructing a strawman argument "the reasoning is motivated and that motivation is nostalgia (or similar)".

▲shoobiedoo 7 hours ago | parent | prev | next [-]

Even Ed Zitron rarely talks about AI outside financials. I have no idea what OP is talking about.

I guess they mean as far as AI being this utopian cure all for the ills of the world that some might have us believe is coming, its BS?

▲snowwrestler 7 hours ago | parent | prev | next [-]

Yes, quite a few people believe AI is a big scam and it’s not actually good for anything.

I know this might seem crazy to software developers who handed all their dev work over to Claude 6 months ago. But most people are not software developers.

▲etempleton 4 hours ago | parent | next [-]

I think a lot of software developers are convinced it must be transforming other jobs and it really isn’t and may never to the same extent. LLMs are just particularly good for technical writing and code.

But that is the potential issue. It is valued as it will and that just isn’t proven.

▲TuxSH 6 hours ago | parent | prev [-]

I have also seen this from many SWE and hobbyist programmers as well, actually, as not all workplaces have AI mandates.

Those people usually bury their head in the sand and have such strong opinions about the capability of these models as they haven't ever used anything but the free tier chatbots, if any at all.

▲strange_quark 5 hours ago | parent | prev | next [-]

I mean if one of the big labs collapse, then yes it mostly will? Like sure, the tech will stick around in some way or another as long as it makes money or provides a good user experience, but the forcing a garbage chatbot into every product surface, the constant flavor of the week hype, the endless doom from every CEO will all cease to exist.

▲jrflowers 5 hours ago | parent | prev | next [-]

> Do people believe that?

No, but it is incredible for somebody to use the word “wishcasting” and then describe a group of people that would need to materialize in order for their point to make sense

▲sublinear 5 hours ago | parent | prev [-]

I think a lot of people who post on HN don't want to admit that, apart from chatbots, AI is completely invisible to the user. A lot of users already hate chatbots to begin with and avoid using them.

So, it has already mostly disappeared, and the lack of practical applications means it will continue to bleed money. Software devs aren't using AI either for the bulk of smaller tasks that require teamwork with non-technical stakeholders.

Yes, it totally can disappear from society. The remaining use cases go with local LLMs and specialized software built around it. From the user's perspective, that's the way things always were and we'll be back to "the way it was" when the bubble is done bursting.

▲GlacierFox 7 hours ago | parent | prev [-]

-1 to this. I think this is why Ed Zitron gets under the skin of AI evangelicals. They want everyone on this surrealist funny bus on a journey to whatever-the-fuck. Fingers crossed! Ignore the weird AF obfuscated financials. Ignore the crippled hardware market for everyone except data centre overlords. Nothing to see here!