alt Hacker NewsIn the 90s was also the dotcom boom, and the vast majority of those who placed an all-in bet on it being everything lost it all in the dotcom bust and also "ended up being forgotten by history". Some of those bets were prescient but too early but many of those bets never made any sense. The dotcom bust was worse than the software industry crash we're experiencing now.
"It's rather obvious that this AI thing is a transformative event in world history" perhaps but it's not at all obvious how it's going to shake out or which bets are sensible.
> In the 90s was also the dotcom boom, and the vast majority of those who placed an all-in bet on it being everything lost it all in the dotcom bust and also "ended up being forgotten by history".
I think you are missing the point, and also the very site you're posting on.
Look at the top 50 list of most valuable companies in the world. Over half of the total market value reported today is attributed to companies which were either dotcom startups or whose growth was driven by the dotcom growth period. Dismissing the advent of the internet as anything short of revolutionary is disingenuous, no matter how many zombo.com companies failed.
LLMs have the exact same transformative impact on humanity.