Hacker News new | ask | show | jobs
by drob518 397 days ago
Yep. It’s all frothy hype. It’s all crashing down at some point. The billion dollar valuations. Nvidia’s revenue. All of it. That’s not to say that it’s worthless, but everyone is throwing money around like the dot-com days and LLMs (thus far) are not nearly as transformative as the Internet. I’m even hearing that phrase investors use when it’s about to pop: “this time it’s different.”
1 comments

I lived through the late 90s and the dot.com bubble. This is exactly the same. The Internet was real but a lot of the hype crashed and a lot of ventures from those days failed.

LLMs are real but they are also overhyped and imbued with powers I don’t think they have.

The most interesting stuff with AI will be done after the bubble collapses.

I lived through the 80s. Those who owned Microsoft stock did pretty well. This is exactly the same.

:-P