this post was submitted on 21 Nov 2023
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id say its like the dotcom bubble.
yeah its incredible new & emerging tech,
but that doesnt mean it isnt overhyped.
I mean the dotcom bubble was overhyped, it was a bubble
That's what they said.
The internet was revolutionary, but dotcom was overhyped at the time.
It also produced useful things. Both statements are true, and are true of the deep learning models around now.
What's the dotcom bubble?
a bubble is kind of a goldrush situation,
where businesses and investors on mass
jump into a new / hyped market or asset type without a propper plan & buisness model.
for example the first recorded one: the tulip mania
the dot-com bubble was a massive bubble in the 90s centered arrount the emerging concept of "internet buissneses"