cross-posted from: https://lemmy.world/post/53783081

When you’ve been waiting to build a new PC and you see tech stocks crashing

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[–] 3 points 7 hours ago (1 child)

And LLMs truly do have some utility. Nowhere close to what they continue to promise, but nonzero nonetheless.

It remains to be seen how "profitable" it will all be, but yes, the technology stack itself is here to stay.

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  • [–] 1 point 48 minutes ago

    The profitability is highly overrated. The idea wasn't that it was going to be profitable, but that the world was going to pay to feed Silicon Valley companies data so they could train their models, eventually leading to the classic "monopoly by default" problem. AI is useful, but the AI hype is one big grift.

    But then came DeepSeek. Open models will develop slower, but eventually they'll win and all will be for naught - including all the environmental damage.

    Also, silicon valley tech companies are information brokers for nation state actors, so part of their reasoning for this massive hyping was (you guessed it) MASS SURVEILLANCE!!!

    Fuck I hate the silicon valley barons...

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