Yes and that is not sustainable, eventually you gotta pay the piper. At some point you have to be profitable. LLMs are great at a very limited use case, but these tech charlatans want to shove it everywhere for everything and it pisses most of us off. I can’t imagine any regular person paying for it.
You’re assuming there will be a next time. When the AI bubble bursts, and it will, the whole economy will go down with it. AI companies are massively in debt and have a product that ranges from utter shit to kinda okay, and absolutely no sane way to monetize it. Everyone outside of tech, you know, the customers, fucking hate AI. It has stolen their work, jeopardized their livelihoods, wasted their resources and made the most insufferable asshats in history very wealthy.
Agreed. My beef is mostly with generative AI, which is deeply unethical in its training and implementation.