I see lots of talk on Lemmy about the AI bubble bursting. That AGI isn’t going to happen in the near-term, maybe it won’t ever happen. And so the the AI bubble will burst; ala the dot-com bubble.

But what exactly will burst? OpenAI and Claude? Those are private companies so maybe they will downsize or merge, but that’s not a bubble? NVIDIA & Microsoft? I don’t really see those companies imploding. They have a pretty large and diversified customer base. Besides, Apple and AWS are already moving away from NVIDIA by making their own hardware. I genuinely don’t understand where the big implosion is. Can someone help me understand this?

ETA: Is there an example analogous to pets.com for this AI bubble?

  • Concave1142@lemmy.world
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    4 days ago

    I think of AI as Beanie Babies. All the rage (excitement, not anger) and will eventually (hopefully) die on the vine when full AGI never comes.

      • Holyginz@lemmy.world
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        4 days ago

        Meaning it’s no an LLM. There’s no intelligence with current “ai” it’s pattern recognition. The same thing as machine learning with a different name. It doesnt actually understand anything it spits out

        • iii@mander.xyz
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          4 days ago

          You agree with me. But what do people that don’t agree with me imagine when they think of AGI?