@gsuberland man the thing is I‘m looking at this and half the posts about it read like some variant of „wow i can’t wait for the dot com bubble to be over and for the internet to then disappear entirely“ like

that’s not how it turned out, is it

@halcy my general view of the whole thing is that it's just like every other recession caused by idiotic gambling and unchecked greed - the closest comparison is somewhere between the dotcom bust and LIBOR rigging (the latter in nvidia's "invest in company and then use the money to buy their own GPUs" thing)

the bubble popping is cathartic on the one hand, and it needs to happen sooner rather than later, but it's going to seriously hurt millions of regular folks and I can't celebrate that.

@gsuberland yeah it‘s just like, beyond the financial stuff there seems to be the expectation that oh, LLMs will just Disappear then somehow and….. idk I don’t see that

@halcy they won't, but the service pricing will almost certainly skyrocket as providers scramble to demonstrate profitability, since the loss leader tactic can't be sustained without the hype cycle to propel sales. as a result a lot of the frivolous LLM integrations we've seen will go away, excluding the ones that are doing it to sell their own LLM services (e.g. Microsoft). but the cat's very much out of the bag on the spam and misinfo fronts.

@gsuberland @halcy I do expect that the technology stays (of course it will) but image/video/etc.-gen use cases will probably turn into enterprise-y thousands-per-month services for film studios/ad agencies whatsoever.

chatbots/LLMs and similar will probably stay consumer cases (the rest never was anyway)