[marmarama]

That's the story the proponents of the AI bubble would have you believe, because they are sucking in all available funding to their enrichment, or because they've been huffing their own hype gas for so long that they have no brain cells of their own left.

It is, however, complete nonsense, and the next few years of failed promises on AGI will eventually bring people to their senses, if a market crash and sustained economic depression doesn't do that first. It would be funny if it wasn't going to cause suffering for millions of people, whether we succeed at AGI or not.

I _like_ AI, I find LLMs and many other aspects of useful, and I am optimistic for the long term prospects of AI. But the rush to try and get to AGI is completely out of control at this point, and the fallout from when the bubble pops will set AI, and our societies, back a long time.