this post was submitted on 03 Mar 2025
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yeah, genai as a technology and field of study may not disappear. genai as an overinflated product marketed as the be all end all that would solve all of humanity's problems may. the bubble can't burst soon enough
Exactly. It's not as if this tech is going in the dumpster, but all of these companies basing their multi-trillion-dollar market cap on it are in for a rude awakening. Kinda like how the 2008 housing market crash didn't mean that people no longer owned homes, but we all felt the effects of it.
Sometimes the hype bubble bursts and then the products eventually grows to be even larger than the hype. But you never know how connected hype actually is to any realistic timeline. Hype can pop like a cherry tree flowering on the first sunny day of spring, thinking summer has arrived, but then get drenched by another few weeks of rain. And as stupid as that cherry tree is, summer will eventually arrive.
Historically, the field of AI research has gone through boom and bust cycles. The first boom was during the Vietnam War with DARPA dumping money into it. As opposition to the Vietnam War grew, DARPA funding dried up, and the field went into hibernation with only minor advancement for decades. Then the tech giant monopolies saw an opportunity for a new bubble.
It'd be nice if it could be funded at a more steady, sustainable level, but apparently capitalism can't do that.