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by hscontinuity 846 days ago
I'm lost here. Can anyone explain why the speculation of risk resounding around a 'bubble' of LLM and other emerging technologies (TinyLM, VLM, ALM, etc) is rounding a bubble?

Meaning, the dot-com bubble showed a misappropriation of revenue by leading technology companies alongside the capital investorship, mainly VC's and private equity. Basically, everyone spent without producing a product; which lead to the mergers still the basis for many of the largest corporations today (and subsequently the 2008 crash, which further merged companies in the aftermath).

So, for me the difference is the money being spent here in this 'bubble' isn't like parking new mall shops on various websites, then spending the capital to entice buyers to purchase (either for store products or the store itself) - rather - it seems to me that both private and public sentiment is that the future is bright with the right application of these tools, in the right systems, to promote applicable use cases for things we (humans) can leave up to code/machines.

For instance, one of the most impressive applications of TinyLM uses is setting up several (or dozens) of tiny sensors in say a greenhouse. Each sensor can be linked to a central data repository for active monitoring to deploy active controls - be it barometric pressure, moisture content (soil, air), etc. Linking a bunch of these devices and letting it automatically run, along with linking this sensors as the data-providers to machines that may in turn plant, cull, trim, essentially a fully automated greenhouse.

I'm not greenthumb and I lack in-depth knowledge around how greenhouses (modern or old) work. However, it's without understanding the details I do understand it still takes a (or more) human to maintain the greenhouse.

Consider making these kinds of greenhouses (as is standard in some places now with vertical in-door growing farms) completely autonomous.

That's pretty technologically feasible it would seem with the newest applications of (quote) AI. And it's likely very profitable as well.

If I were to take the same ideology and apply to other industries, I find several applications like the one I mention that would absolutely change how we (humans) live in this (soon to be, IMHO) post-human industrialized world.

So where is all of the doom and gloom from - monopoly, errant comprehension of the technologies, or simply dogma?