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by xelamonster 601 days ago
I like your first point, hadn't thought of it that way; makes it seem just a bit more reasonable. Regarding "create value" though, that's where I think a lot of the negative sentiment comes in: the vast majority of these new AI companies offer nothing at all of value to anyone. Outside of a very small few even the ones with an attractive premise fail to live up to the experience they advertise.
1 comments

The point is that the small few will become extremely popular.

ChatGPT isn't particularly useful.

A wrapper around ChatGPT which extracts specific entries from a PDF bill? That's incredibly useful.

The only niche so far that seems to have caught on for LLMs is code autocomplete, but that's already recording real revenues.