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by doktorhladnjak 1609 days ago
The big question in my mind: is this the internet in 1997 or expert systems in 1982? It could be the next big thing. Or it could be an interesting idea that was oversold and overhyped, that never really disappeared but became irrelevant as its real value became a commodity that found its way into the software of established companies.
2 comments

The worrying thing (for me) isn’t which one it is. The worrying thing is that so many people seem incapable of even making a creditable attempt at answering that question and analysing its fundamentals. This has opened my eyes to how many people only think through the prism of “well, this has got really popular lately, and the internet did that too, so this will be the next big thing even if I don’t know why!”. Survivorship bias is very very real.
Or I guess many people are not dumb at all, they just simply want in and profit as long as the hype is still going and they (hope that they) are not left as the last people holding the bag. They might find all sorts of excuses to try to convince the others, even to some extent themselves, when they’re just fundamentally doing the above.
> is this the internet in 1997 or expert systems in 1982? It could be the next big thing. Or it could be an interesting idea that was oversold and overhyped

...and then returned a few decades later to be oversold and overhyped some more, this time as "Deep Learning" or "AI".

Seems the alternatives on offer are scam or scam. (Or scam, scam, scam, ham, eggs, and scam.)