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Forever, tech has become a never ending sequence of bubbles and hype cycles.
by Ianjit 11mo ago
Forever, tech has become a never ending sequence of bubbles and hype cycles.
- GiorgioG 11mo agoThe duration of this hype-cycle/bubble has exceeded my expectations.
- rhetocj23 11mo agoPersonally Im not surprised. Im bearish on the capabilities of LLMs given the amount invested, but, I also believe theres about 2 years left (of minimal progress relative to money invested) to go before things finally start to crater.
- oskarkk 11mo agoIt's not that long IMO, it's been 2 years since Nvidia stock took off, and at that point OpenAI was valued between $29B and $86B (compared to $500B today), so I'd say we've entered bubbly territory around then.
- DANmode 11mo agoFollow cryptocurrency for a closer understanding of inebriated capital trying to chase the new thing.