Comment by devmor

3 days ago

It's refreshing to finally see CEOs and other business leaders coming around to what experienced, skeptical engineers have been saying for this entire hype cycle.

I assumed it would happen at some point, but I am relieved that the change in sentiment has started before the bubble pops - maybe this will lesson the economic impact.

Yeah, the whole AI thing has very unpleasant similarities to the dot com bubble that burst to the massive detriment of the careers of the people that were working back then.

  • The parallels in how industry members talk about it is similar as well. No one denies that the internet boom was important and impactful, but it's also undeniable that companies wasted unfathomable amounts of cash for no return at the cost of worker well being.