"AI is here to stay": never backed by any actual evidence
"AI is a bubble": backed by the actual economics playing out in the real world
"AI is here to stay": never backed by any actual evidence
"AI is a bubble": backed by the actual economics playing out in the real world
You can still make expert systems with Prolog, but nobody's going to give you $100B to do it.
But the term "AI" was crafted as a bit of petty politicizing, and does not refer to a single technology, making it redundant.
That redundancy is why LLM reference was able to successfully usurp the term.
If we need to relinquish the term along with the bursting of the bubble, we will be no worse off for it.
@eniko It **A**in't **I**nevitable. (not sure if the markdown gets rendered)
Last line from Luke Nickle's latest living rent-free in my mind: https://www.youtube.com/watch?v=Z_mzYS-ET8o
There will be some residue when this pops, I don't think the technique will disappear from the face of the earth. But the fact that it's still a fringe opinion to call the most obvious bubble in my lifetime for what it is, is just baffling to me.

@eniko
Expenditures: >650 bln per year
Revenue: <60 bln per year.
And that revenue includes the 10 bln that Microsoft hands to OpenAI and OpenAI hands back to Microsoft. As @pluralistic said, to call that an accounting trick is doing injustice to the noble accounting trick. This is just ordinary fraud.
This clearly can't go on forever. And as Stein's law has it, anything that can't go on forever eventually stops. The bubble will pop, and given the state of the stock-market it will be ugly.

17 track album
@eniko "But I asked the AI to write a datepicker UI element in BigFramework with lots of special constraints such as leap years and it made in a week a junior's year of work"
And so could a well-trained monkey. Making yet another rewrite of something that has been rewritten and documented ad nauseam and calling libraries specially designed to make such a rewrite as automatic as stamping license plates is no proof of work ability.
@eniko Or perhaps was a bubble, if this is right about its popping:
I wonder if it'll be remembered alongside the South Sea Bubble and the Tulip Mania. Maybe the Mechanical Türk and ELIZA too. And potentially even Heaven's Gate or something on that order for the TESCREAL techbro lot.

@eniko Actual evidence: CorridorKey. If you equate “AI” with the subset consisting of large language models, ignoring 60+years of computer science, then sure, there is a bubble and it’s going to pop because LLMs are an unethical environmental disaster of a dead end.
If you look at the entire 60+ years, though it becomes hard to imagine things like machine vision or go players or even green screen removal going away.
@eniko So do I. Machine vision has been a branch of AI since the 60s. Deep Blue’s Chess program, AlphaGo, and CorridorKey are all examples of machine learning, a branch of AI since the 50s. All of these are labeled AI in the literature.
Whatever you label it, the research field isn’t going away, its researchers are going to continue to call it AI, and it will still produce good results like CorridorKey, long after the LLM bubble bursts.