AI hype is the successor to crypto hype, which in 2022 flamed out. I think at least AI has more practical applications compared to crypto and is not nearly as scammy. Many investors lost huge money with crypto; I do not see the same for AI.
Yes, LLMs have practical applications. But the crypto-style hype that is happening is bringing a reek to the space that it doesn't deserve. There's a real risk that AI will end up being viewed through the same lens cryptocurrency is viewed with now, regardless of practical applications.
> Many investors lost huge money with crypto; I do not see the same for AI.
Oh I absolutely do see this coming. The difference between this and cryptocurrency is that the amount and scope of the damage won't be as wide-ranging.