Fun fact, I was recently in a conversation where wanted to count all the bubble-hypes to make a separate point and I couldn’t for the life of me remember the metaverse. That’s how great that went 😅 https://chaos.social/@isotopp/112869844292570152
@janl these people keep thinking there’s gonna be some killer app that transforms society the way the *combination* of internet + cellular + mobile computing has,
as if that was just something that sprung fully formed from the mouth of Steve Jobs and not something that took *decades* of infrastructure investment and iterative development
@mattly@janl 100% this. I feel like the tech industry is *desperate* to recreate the massive growth opportunities networking, and then mobile computing created, but are completely clueless to the facts that: a) most of this shit they’re betting on has little to no real world utility (see crypto/blockchain, and now “AI”) b) networking and mobile computing were both (largely) hardware driven innovations at their core - the software “painted by numbers” the fundamental opportunities the hardware created c) it’s quite possible there will never be another computer-tech-related innovation of the scale or real-world value of those two, and that’s ok
It's that the investment class read one surprising paper and suddenly realized they've been sleeping on a field that is *already mined for explosive growth opportunities.* Chatbots are not new and not substantially improved by LLMs. Diffusion models are just a different take on already existent technologies (although they can be pushed incrementally further). They *missed the boat* and are having a fomo fit.
@pmonks@mattly@janl The reason the cryptocurrency grifters had such an easy time transferring from one sinking ship to another is that they were already existing in a world of pure FOMO pandering. They're like the Bane of FOMO, they grew up with it rather than simply adopting it.