Comment by mistercheph

(I agree on the DRAM price-fixing hypothesis being wrong.)

We (people writing code) are the ones using it more than anyone else to directly aid in / do our work, we probably more closely understand the limitations of LLM's than people working in other industries that just get fearmongering pseudo-technical babble whispered through streams about the power of the technology while using it as a substitute for Google search (which committed suicide a few years ago).

I also think part of what you're observing is the reddit/hive-mind effect, fear drives the crowd so its consensus will tend to emerge as "Nothing works, nothing will ever work, nothing is even being attempted!"