Comment by Joel_Mckay
1 hour ago
>tech giants need AI to continue to grow
You mean increase the -$2.50 lost for every $1 in revenue, or the $2Tn in debt disclosed 60 pages into the reports as a footnote.
Let us be clear, the only "growth" is in the LLM ectoparasite living rent free in peoples imaginations. The fact is when (not if) the peak of inflated LLM use-case expectations corrects, a lot of the industry won't survive.
Facebook has a founders-syndrome problem, and a product line catering to creeps. Note most normal people aren't creeps, but the ones that are creepy will buy creep-ware at a rate necessary to sustain the founder creeps ego.
https://en.wikipedia.org/wiki/Founder%27s_syndrome
Google hasn't built a successful product in decades, and acquired most of its successes like YT. There are 3 reasons this occurs, and 2 are related to corporate cult culture. One would have to fire 70% of the company to fix that problem, and one day someone will have to do just that.
>wish people would hold actual professional media economists to the same standards
OpenAI will go public soon, and the hype-cycle can finally settle down.
https://en.wikipedia.org/wiki/Gartner_hype_cycle
LLM do have basic utility in search and pattern recognition, but only the delusional believe it will hyper-scale unconstrained forever. =3
No comments yet
Contribute on Hacker News ↗