[lispisok]

>Do people actually believe that if you just "add AI" to what they have, they'll instantly become millionaires?

Looking at recent YC batches, YC seems to believe so.

He says bubbles are false beliefs about reality that everybody figures out is false. The claim that "[AI] will displace tens or hundreds of millions of knowledge workers in the next 3-10 years" is that false belief inflating the bubble. Big tech and investors are dumping money into AI thinking at least a sizeable portion of the white collar workforce is going to be replaced with $2000-$4000/month subscriptions to AI agents (I am so sick of the term "agent") acting almost autonomously. We're hitting the wall with what's feasible with LLM scaling laws even if you're dumping countries GDP worth of money into making bigger and better models. Is spending $500 billion to $1 trillion dollars to get something that performs marginally better than the best LLM today worth it?