Bubbles are hype awaiting delivery but what we're seeing is delivery before expectation; before that hype.
Don't get me wrong, there definitely is excitement and hype, but it's all off the back of what's available today. There is no bubble to pop. If ChatGPT and diffusion models are the upper limit of the tech, it can still be applied today to disrupt whole industries.
That's not too say there won't be waves of grifters —some of them AI— fluffing products that never materialise or under-deliver, but I think our imagination is going to lag behind the tech, not the other way around.
Don't get me wrong, there definitely is excitement and hype, but it's all off the back of what's available today. There is no bubble to pop. If ChatGPT and diffusion models are the upper limit of the tech, it can still be applied today to disrupt whole industries.
That's not too say there won't be waves of grifters —some of them AI— fluffing products that never materialise or under-deliver, but I think our imagination is going to lag behind the tech, not the other way around.