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Comment by switchbak

2 hours ago

Part of the issue is that the worst kind of people are already head over heels excited about this. We're already seeing the Crypto->Web3->LLM get rich quick folks take to this like wildfire. And much like wildfire, they'll raze the ground to ashes before anyone can use it for legitimate means.

If you think I'm joking, check this out: https://www.youtube.com/watch?v=U-Rqv9dOB1U

I don't think any of us are ready for the wave of sloppy shit that's going to hit us soon.

My favorite term for this in general is "irrational exuberance". Plenty of it was seen during the most bubble-like days of the 1997-2000 dotcom boom. Anyone remember beenz and flooz?

  • I was at ground zero at Nortel during that time. Quite an interesting (depressing?) place to be at the very start of your career!

I’m not on normal social media so I had no idea that stuff was out there.

Absolutely incredible trolling from some of those people I’m sure, while others are actual believers

It’s a classic get rich quick scheme. Wanna run a business and make money without actually doing anything? Try our AI!

  • Out of all the people I know, the exact same set of people are in to LLMs now who were previously into: NFTs, then Crypto before that, then Online Poker before that, then Dropshipping and LeadGen before that. The Venn diagram circles overlap exactly.