Comment by deafpolygon

2 years ago

ChatGPT is great, but it's being hyped up so much right now. We've got AI bros coming in the scene trying to sell everybody a new product. Before the crypto craze, it was big data. I probably missed something in between.

ChatGPT has certainly made a splash, but it's part of a larger trend. I started following developments in modern AI when Kevin Kelly tweeted[1] this in 2016:

> The business plans of the next 10,000 startups are easy to forecast: Take X and add AI.

I think the AI hype cycle isn't done building. A few days ago, Paul Graham tweeted[2] this:

> One of the differences between the AI boom and previous tech booms is that AI is technically more difficult. That combined with VC funds' shift toward earlier stage investing with less analysis will mean that, for a while, money will be thrown at any AI startup.

[1]: https://twitter.com/kevin2kelly/status/718166465216512001

[2]: https://twitter.com/paulg/status/1623060319403905026

It was actually briefly ML again; there was a chat agent VC funding bubble before the main crypto VC funding bubble.