Is AI’s hype cycle leading us into a trough of disillusionment? Dive into the reality behind GPT-5’s launch and its impact on the tech world.
A recent MIT report on AI in business found that 95 percent of all generative-AI deployments in business settings generated “zero return.”
but LLMs do represent a significant technological leap forward. i also share the skepticism that we haven’t “cracked AGI” and that a lot of these products are dumb. i think another comment made a better analogy to the dotcom bubble.
ETA: i’ve been working in ML engineering since 2019, so i can sometimes forget most people didn’t even hear about this hype train until ChatGPT, but i assure you inference hardware and dumb products were picking up steam even then (Tesla FSD being a classic example).
We definitely haven’t cracked AGI, that’s without a doubt.
But yeah, LLMs are big (I’d say really Transformers were the breakthrough). My point though was that Deep Learning is the underlying technology driving all of this and we certainly haven’t run out of ideas in that space even if LLMs may be hitting a dead end.