[spicymaki]

LLMs are definitely a game changing technology, but there is just so much fake money in the market right now (circular deals, paper valuations, etc.) that I cannot take this seriously. At some point the musical chairs will stop and we will all be saying how could we let this happen? Where are the regulators (rhetorical question)?

[limaoscarjuliet]

As with every bubble, we, the people, will pay for it. There will be recession, inflation and general "one step back" to hopefully move "two steps forward" one day in the future.

[apparent]

I think AI will actually produce price deflation in some areas. There could be inflation based on mechanisms you describe, but it's obviously making it cheaper to make some products/services.