No! Really, what a shock!!
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Of course. Sure, AI image generated stuff are impressive but no way those companies could cover the operational, R&D cost if VC were not injecting shit load of fake money.]
It is all ridiculous how quickly these bubbles form - and then burst - these days.
Obviously AI has been around for a while, amd ChatGPT has been in development for years, but it really only hit the mass media literally less than a year ago. Late November, early December of 2022. And in well under a year there is already talk of the bubble bursting. The Dot Com bubble which many are referencing lasted for a much longer time. That bubble was inflating for years before it simply got so big it had to explode.
Fund these companies and take them public before the hype train derails. The VCs smell a greater fool, and it's the IPO investor.
AI will follow the same path as VR IMO. Everybody will freak out about it for a while, tons of companies will try getting into the market.
And after a few years, nobody will really care about it anymore. The people that use it will like it. It will become integrated in subtle and mundane ways, like how VR is used in TikTok filters, Smart phone camera settings, etc.
I don't think it will become anything like general intelligence.
That's exactly what was said about the internet in 1990. We have no idea what the next step will be.
Already!? XD
They gimped it for the masses but AI is going strong. There is no question of the power of GPT4 and others. LLM's are just a part of the big picture.