this post was submitted on 14 May 2024
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You say that as if it is completely ridiculous but have you seen how many companies jumped onto impractical technologies like the hyperloop or self-driving cars or even replacing half their workforce with LLM-based AIs?
Who jumped into the hyperloop?
Self driving cars are going to be worth infinite money. Great investment.
Sure some companies were over-exuberant about LLMs, but not to the same scale of national infrastructure we're talking about.
Failed investments are not evidence that all investments will fail, but large investments are an indicator of economic viability.