Zack5d ago
God, this bubble burst is going to be so brutal
Show threadJustin Derrick5d ago

@zenhob I cashed out all my tech stocks back in January. I suspect this will be the dot-bomb v2.0, where everyone finally figures out that LLMs and the hundreds of billions of dollars invested would have been better off getting tossed into a dumpster and just lit on fire.

They're impressive chatbots, but not useful for anything of consequence. They can't do math, they can't play games, they get basic facts wrong, they can be manipulated into being complicit in crimes, etc.

Show threadDataless5d ago
@JustinDerrick @zenhob @artemis so much could be done with the money they’ve wasted on this.
Show threadJustin Derrick5d ago
@Dataless @zenhob @artemis Yeah, but that's true of the hundreds of billions of wealth in the hands of individuals. It should have been taxed the way it was in the 50's and 60's -- at a 90% marginal tax rate.
Show threadDataless
@JustinDerrick @zenhob @artemis well, yes, but this does feel particularly egregious.
Jun 21 at 12:06amWeb