Comment by switchbak
4 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.
Most/all of these LinkedIn influencer types are showing off what amounts to busy-boxes, but for adults rather than for babies, presented as if these are at all useful for real world use or are showing anything useful. That YouTube channel does an okay job of calling it out.
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!
Anything you can share about this time?
That’s a great book.
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.
Right. Scroll back on their X timelines and you see it.
The only thing I can say about LLMs is that we might end up with some broad, stable utility from them, when the dust settles. The only thing crypto is really good for is hiding the source of impermissible donations.
Immediately knew what that video would be before I clicked it.
Eric Morrison is doing the gods' work.
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
This is gold, tysm for posting
His whole channel is full of commentary like this. It's simultaneously funny and really informative about the sort of blend of grift and AI psychosis that is genuinely out there.
This sounds ideal to me. Fire flushes out pretty much any grifter quickly.