> we've got one side saying we're in a speculative bubble, and the other side saying no this technology is the real deal.
Um I think nobody is really denying that we are in a bubble. It's normal for new tech and the hype around it. Eventually the bad apples are weeded out and some things survive, others die out.
The first disagreement is how big the bubble is, i.e. how much air is in it that could vanish. And that's because of the second disagreement, which is about how useful this tech is and how much potential it has. It's clear that it has some undeniable usefulness. But some people think we'll soon have AGI replacing everybody and the opposite is that's all useless crap beyond a few niche applications. Most people fall somewhere in between, with a somewhat bimodal split between optimists and skeptics. But nobody really contends that it's a bubble.
Um I think nobody is really denying that we are in a bubble. It's normal for new tech and the hype around it. Eventually the bad apples are weeded out and some things survive, others die out.
The first disagreement is how big the bubble is, i.e. how much air is in it that could vanish. And that's because of the second disagreement, which is about how useful this tech is and how much potential it has. It's clear that it has some undeniable usefulness. But some people think we'll soon have AGI replacing everybody and the opposite is that's all useless crap beyond a few niche applications. Most people fall somewhere in between, with a somewhat bimodal split between optimists and skeptics. But nobody really contends that it's a bubble.