@SecurityWriter I honestly don't know how anyone could even possibly see it as anything BUT a manufactured tech bubble. Like, let's ignore, for a moment, the very real and urgent problems with the falsehoods it spews, the resources it gobbles up for dubious-at-best value, and the wrecking-ball it's taken to entire sectors of the economy.
We shouldn't. But let's do so, just for a moment.
These models rely on the massive use of GPU chips. Conveniently, shortly before GenAI bubbled up, there was another tech bubble grift that made heavy use of them: NFTs. And, conveniently, shortly before *those* bubbled up, there was *another* tech bubble grift that relied heavily on GPU chips: crypto mining.
How do people not see that this all just... props up tech stocks so that techbro venture capitalists can continue to generate exponential returns in the stock market now that Moore's Law has collapsed, and those techbro investors can't make exponential returns the old-fashioned way?
https://cap.csail.mit.edu/death-moores-law-what-it-means-and-what-might-fill-gap-going-forward