Honestly I find this darkly hilarious. The circlejerk is becoming more and more obvious. I’m going to be surprised if the bubble doesn’t pop within the next 6 months or so - definitely before the end of the year.
All it took for this to happen was:
- skyrocketing energy prices
- skyrocketing hardware prices
- skyrocketing water usage
- the effective priceout of PC/homelab enthusiasts and hobbyists which will probably destroy much of the community, and thus most of the consumer-oriented hardware manufacturers
- turning the US economy into a house of cards
- sharply accelerated enshitification of all major search engines (in the interest of pushing people to use LLM bullshit for no good reason, when a perfectly suitable and deterministic alternative already existed and was deployed at scale everywhere)
- flagrantly ignoring licensing and usage terms for basically any and all open source software projects hosted anywhere on the internet
- the hollowing out of software engineering as a discipline, the collapse of the hiring prospects of fresh grads/juniors because “ai can do that”, and the creation of a generational gap in staffing across huge swathes of the tech industry writ large
- the (even more) accelerated enshitification of social media as it becomes a series of gigantic LLM bot farms talking to each other
- we can go on
What a time to be alive.
Jensen can suck my Huang.