[codelord]

IMO AI is more underrated than overhyped. The scale of value that AI can bring maybe larger than what internet brought. But, product design and engineering havn't caught up with the science yet. I think we are too narrowly looking at AI. LLMs are cool, but investors should look beyond that. ChatGPT wrappers aren't the next big thing. The fact that LLMs and image generation models work as good as they do now, should give investors a signal that the science of AI is approaching a tipping point where it's finally good enough to be incorporated into products. I see potential in 10 years time for a new FAANG, 5 trillion dollar companies with heavy reliance on AI that bring automation to various aspects of our lives.

[IshKebab]

I agree. LLMs have a ton of unrealised applications in business. Imagine training one on your company wiki and chat history.

Barely any companies have done that yet because of legal and security concerns and because it isn't easy to do yet, but that will change.

It's not going to be long before someone makes and end-to-end speech to speech model. A single model that incorporates speech recognition, LLM and speech synthesis. In fact I'm really surprised it hasn't happened already because it's such an obvious thing to try. That's going to blow people's minds.

[bambax]

Yes that's probably true. The article makes a parallel between the current AI hype and crypto, but there's a huge difference. Crypto didn't bring any benefit to anyone and didn't do anything one couldn't do before (with orders of magnitude better efficiency and security).

The current situation is more like the early dot-com boom of the 2000s; Webvan and pets.com or Altavista were ill-executed but they weren't stupid ideas. It was then that Amazon and Google were founded.