[Abecid]

Reminds me of the crypto bubble. All the defi shitcoins giving yields to each other while no shitcoin actually generated real value or had real demand. Now everyone building LLM libraries and systems but very few LLM products yield real value

[rchaud]

There's a big difference cost-wise: anybody can deploy an Ethereum fork, mine the resultant shitcoin very cheaply and start a Discord for marketing purposes. That's the whole product right there.

The same is not true of AI projects which require a lot more upfront investment.