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Fears over AI bubble bursting grow in Silicon Valley
(www.bbc.co.uk)
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this post was submitted on 13 Oct 2025
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Fuck AI
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I'm going to take a shot in the dark here and guess that the people inside the AI industry aren't surprised either. They're just playing a game of fiscal hot potato hoping they're not the ones left holding it when the music stops.
I think there are plenty that are high on their supply. Lots of them truly believe AI will save the world.
I'm a bit more cynical than that. I'm pretty sure that the "AI is the future!"/"AI will destroy humanity, we must tame it!" crowds are just a well-orchestrated horse and pony show.
Nah. Even a prolific person like Peter Theil is doing it because he has a warped sense of reality and thinks he's stopping the antichrist by pushing technology forward.
He's not really in the industry though. He's an investor in it. By "in the industry" I mean the people running the LLM companies or working on the LLMs. I just can't see someone who actually works with those things thinking that there's real intellect coming forth from them when even a tech ignoramus like me can spot the obvious signs that these things are fake.
He absolutely uses AI (maybe not LLM) in his automated weapon systems he sells to the government.
Well that is probably true, but I'm pretty sure his engineers are smart enough to know LLMs have no place in automated anything other than bullshit makers.
I sincerely doubt that is true. Just about every coder is using an LLM in some capacity. And if they're not, they're getting left behind. It's just another tool you can use to make yourself more successful.
Can you find a peer-reviewed study that shows any form of meaningful productivity increase from use of LLMs?
I can't. I can only find the opposite. I'd be intrigued to see the positive.
(Note: peer-reviewed study. Not a bunch of anecdotes from people saying "I TOTALLY VIBE-CODED MYSELF INTO MASTERY!")