by Shelt Garner
@sheltgarner
The key difference between the dotcom bubble and the AI bubble is the dotcom bubble was based on just an idea. It was very, very speculative in nature. The ironic thing about it, was, of course, that it was just 20 years too soon in its thinking.

Meanwhile, the AI bubble is actually based on something concrete. You can actually test things out and see if they will work or not. And that’s why if there really is an AI development “plateau” in 2026 then…oh boy.
The bubble will probably burst.
I still think that if there is a plateau that that, in itself, will allow for some interesting things to happen. Namely, I think we’ll see LLMs native to smart phones. That would allow for what I call the “Nudge Economy” to develop whereby LLMs in our phones (and elsewhere) would “nudge” us into economic activity.
That sounds rather fanciful, I know, but, lulz, no one listens to me anyway. And, yet, I do think that barring something really unexpected, we will probably realize that LLMs are a limited AI architecture and we’re going to have to think up something that will take us to AGI, then ASI.


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