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lbritotoday at 4:17 PM1 replyview on HN

That's not what was happening though. Whatever happened between 2000 and 2022 cannot be compared to the llm monomania we see now.


Replies

sandeepkdtoday at 4:25 PM

My guess is these AI companies are counting on the money to come from traditional SAAS style services only. This whole AI would be used to gather enough capital to rewrite most of the existing SAAS services under one umbrella, sort of super APP concept. The SAAS businesses doing the layoffs will soon realize that for this whole time they were just pouring their money into their own demise