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aroman | 3 months ago

When the hype is infinite (technological singularity and utopia), any reality will be a let down.

But there is so much real economic value being created - not speculation, but actual business processes - billions of dollars - it’s hard to seriously defend the claim that LLMs are “failures” in any practical sense.

Doesn’t mean we aren’t headed for a winter of sobering reality… but it doesn’t invalidate the disruption either.

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emp17344|3 months ago

Other than inflated tech stocks making money off the promise of AI, what real economic impact has it actually had? I recall plenty of articles claiming that companies are having trouble actually manifesting the promised ROI.

phantasmish|3 months ago

My company’s spending a lot of money doing things they could have done fifteen or more years ago with classic computer vision libraries and other pre-LLM techniques, cheaper and faster.

Most of the value of AI for our organization is the hype itself providing the activation energy, if you will, to make these projects happen. The value added by the AI systems per se has been minimal.

(YMMV but that’s what I’m seeing at the non-tech bigco I’m at—it’s pretty silly but the checks continue to clear so whatever)

n4r9|3 months ago

> not speculation, but actual business processes

Is there really a clear-cut distinction between the two in today's VC and acquisition based economy?

keybored|3 months ago

Hype Infinity is a form of apologia that I haven’t seen before.

api|3 months ago

This is why I hate hype.

"We just cured cancer! All cancer! With a simple pill!"

"But you promised it would rejuvenate everyone to the metabolism of a 20 year old and make us biologically immortal!"

New headline: "After spending billions, project to achieve immortality has little to show..."