Agreed on both fronts, but it bears repeating two that both things can be true at the same time. More often than not people think when the AI bubble bursts, LLMs, diffusion models etc. will just vanish, and they will absolutely not vanish. This tech is here to stay, for good.
When the dot com bubble burst, the internet did not go away. Just the over inflated companies did. The underlying tech was not to blame, but the mismanaged VC funded nonsense that goes on inside hype machines. We lathered and rinsed, now we're repeating.
The prices recovered. The housing and especially the rental market have been insane ever since. You can view it as a success for investors, but not for anyone else.
> people think when the AI bubble bursts, LLMs, diffusion models etc. will just vanish, and they will absolutely not vanish
I don't care if they vanish. I just want the hype to die. The last few months this site would more truthfully have been titled LLM News. I use LLMs but for the most part I find discussions about them boring.
