3D printing is helpful too. The infrastructure created during the dot-com bubble of the late 1990s was also helpful. The UK is still profiting from the railway infrastructure created during the railway craze of the 1840s (https://en.wikipedia.org/wiki/Railway_Mania). The question is just how much of the valuation of AI companies is because they are useful and how much is speculation...

3D printing has a CAGR of 18-25%, not exactly 'were craze'

> 3D printing were craze

That's certainly a take, industry loves it. Sure, all that "everybody will print widgets at home instead of going to the store" stuff was never going to happen, but 3d printing is nonetheless here to stay.

I do not long back to the days of reused boxes and ducktape as homes for my electronics. It's here to stay.

It's a manufacturing technique that is helpful for prototyping and makes sense some types of small scale manufacturing.

But it's not magical, and not much different to injection moulding or something in concept.

Almost everything created with home level 3d printers is plastic junk you can buy for a few dollars on aliexpress (without weird rough edges).

It can be both a craze and a technology shift. AI isn't going away, it will transform some industries. But right now it's overhyped, overfunded and due a trip back to reality.

It most definitely COULD be a craze from the perspective of scope of investment, societal impact and timing. No one surfing the crest of this wave could be described as "conservative".

So how much are you willing to pay for it?

Personally at this point my combined AI spend is the most expensive recurring monthly subscription I have, and that’s even with my company also paying for the AI tools I use at work.

If it weren’t subsidized I would pay more. Wouldn’t be happy about it but I would do it.

At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

> At this stage in the game I don’t really understand where this skepticism of the value these tools provides comes from.

Fear

I get it. I’m scared too. I’d be lying if I said I wasn’t.

Actually it is not about this stage. It is about the sustainability of this when training data runs out and there is less and less human generated content.

An echo cannot go on forever!

> Actually it is not about this stage. It is about the sustainability of this when training data runs out

This is an argument from 2024. Somehow, the models have continued to improve.

If they stopped improving today they are good enough as they already are to generate profound change.

The wave front is already visible, we’re just on the shore waiting for the impact.

When training data runs out, they usefulness will diminish quickly. They will still be useful for searching documents etc, but I guess they are not good at that even now.

When training data runs out, their usefulness will stop growing quickly. Why should their usefulness diminish?

Because they would not be up-to date with programming languages, tools, best practices etc.

May be there is some way to keep the model up-to date in less dramatic ways. But I think something gotto give..

I mean, even now the vibe coded stuff is reprehensible.

20 bucks a month

Freedom from overregulated and antiquated retail banking especially wrt cross-border transfers.

I guess it isn't that noticeable from inside US, but the rest of the world is grateful.

> the rest of the world is grateful.

Maybe speak for yourself? As part of the rest of the world, I am not grateful.

And I do. Speak, that is.

"This time it's different!"