Overvalued and/or stupid ideas because what doesnt work hadnt been figured out yet. Their failure highlighted what doesnt work and the next round did better. Same deal with ai but probably worse because i see nothing to say open models wont converge to closed models making model companies market power zero eventually. That makes them overpriced gpu reits that wont be competitive at that once the better hardware in the labs right now takea over. The dollar values are also much higher and more painful to write off

If you bought 100 of those "overvalued" companies right before the bubble and 99 of those went to zero and the 100th was Amazon, you would have made bank.

"Being right too early is indistinguishable from being wrong. If I know something’s going to happen in the market, but I’m five years too early, that’s the same thing as being wrong."

https://www.mckinsey.com/featured-insights/quote-of-the-day/...

> Or was it just some companies were overvalued?

That's what a bubble is.

Calling AI a "bubble" is not calling it useless or a fad. It's just pointing out that companies in the sector are overvalued. And it's important to recognize and correct bubbles quickly because the bigger the pop, the worse the overall economic damage to everyone.

Same argument was used for crypto 5 years ago, people have just moved onto to using it for AI now.

Funnily enough a lot of the same players are involved, they’ve just managed to fool a bigger group of people this time.

At least the thought got through to one person

Bot farms, AI stories, AI comments on AI.

Waymo had a story on this site not long ago. All of the comments were mostly positive - but in real life, no real life human I know wants Waymo. None. And anyone who bikes is vigorously against it.

So- who is the audience for all of this? Reading this AI slop article - I just feel as if a moment of my life was wasted. And not wasted by poor writing, but by meaningless synth.

I hope we have the de-slop button soon. Ad-block -> Slop-block. I would rather read bad writing with meaning, than meaningless organized prose.

We need a report AI slop button like LinkedIn

Can I ask what makes it read like slop? Because lots of comments here on the style and little on the thinking behind it, which is where I spent my effort.

It seems like a lot of folks arguing about rather or not we need to still read code.

Is it frustrating that I used Claude to turn detailed outlines, notes, and discussions into a post?

> go anywhere beyond the usual AI good/bad arguments This is literally the point of the post. AI is not good or bad just like the internet was not all bubble or all value. The goal is to better understand how to use ai well. I'd rather try writing my thoughts than just dump a bunch of notes and diagrams on a blog

> Here's another great Claudism: "The replies had a different read. One of them, in full: {embedded tweet}" lol. Who writes like that? "In full"? You're promising me you didn't fake the embedded tweet or something?

I originally had the content of the tweet and when posting switched it to have the embedding. So ironically, the error you're pointing out was my manual fix

Everyone got lazy in a big hurry.

> My argument, Claude’s sentences. It won some of the arguments along the way. The mistakes are still mine.

From the footer.

lol. lmao, even.

It doesn't make a difference, the profitability is way overvalued, potential customer companies are firing and closing all over the world, while AI debt is growing in billions (visualize curves going in opposite directions). They'll never be able to repay them on time. Plus, these investments are based on a promise they'll never uphold since the LLMs are a technological dead end for their ambitions.

Yes, there's a bubble and we've known for a while now, thank you.