I mean, just because something is a fad doesn't mean it's not _real_. "There was a fad for X in the 1980s" doesn't necessarily, or even usually, mean that X doesn't happen today, just that it is no longer such a big deal. You could call the late 19th century railway bubble a fad of sorts; railways obviously still exist and are very important, but speculative railway building is no longer a double-digit percentage of the global economy, say.
Like, in ten years it is likely that LLMs will be used for some things. It is less likely that people will be talking about spending literally trillions of dollars on LLM arms races, however.
Like, in ten years it is likely that LLMs will be used for some things. It is less likely that people will be talking about spending literally trillions of dollars on LLM arms races, however.