So i was an ESL kid in school and lemme tell you
"it’s just Language models which often generate errors or incorrect answers."
This is a way bigger technical issue with the squishes (especially the only English speaking ones) than it is with the transistors
Every decade or so the market creates a bubble while maybe there is some value in AI and there will be some good use cases, the markets have clearly been inflated on the possibilities of AI which companies are still not really profitably form it. Then Ai also has its flaws in that it’s isn’t rally artificial intelligence, it’s just Language models which often generate errors or incorrect answers.
Once the market realizes that these companies cannot meet the valuations currently baked in through AI hype, we will be in for a massive sell off.
We're for sure about to begin a decade long bull market, aren't we?
Frankly I'd be chill with a 30% crash as long as it left the crypto bros insolvent.
I am somewhat of an AI cynic, but it is definitely not a bubble. the TLDR on my view is that in present form it is a basic stepping stone, and while premature excitement may seem like value inflation, that money is factually going into building tangible material things. The pull for material infrastructure like energy, data center build out, communications infrastructure, etc... is very real, those things are real, it isn't some text on a screen worth billions like the .com bubble, or the derivatives market crash in '08.