On reflection, I think the big mistake is the conflation of #AI with #LLM and #MachineLearning.
There are genuine exciting advances in ML with applications all over the place, in science, (not least in my own research group looking at high resolution regional climate downscaling), health diagnostics, defence etc. But these are not the AIs that journalists are talking about, nor that are really related the LLMs.
They're still good uses of GPUs and will probably produce economic benefits, but probably not the multi- trillion ones the pundits seem to be expecting
#AIbubble is that I agree with so much of it.
I'm now wondering if I've missed something about #LLMs? The numbers and implications for stock markets are terrifyingly huge!
https://www.wheresyoured.at/the-haters-gui/