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A comment on Generative AI is not replacing jobs or hurting wages at all, say economists. Parent comment

Re:Generative AI is not replacing jobs or hurting wages at a... by victorbjorklund on Tuesday April 29, 2025 @11:30AM (#43834015)
NFT:s never had any real value. It was just speculation hoping some bigger sucker will come after you.

LLM:s create real value. I save a bunch of time coding with an LLM vs without one. Is it perfect? No, but it does not have to be for still creating a lot of value.

Are some people hyping it up too much? Sure, an reality will set in but it wont blow up. It will rather be like the internet. 2000s and everyone thought "slap some internet on it and everything will be solved". They overestimated the (shorterm) value of the internet. But internet was still useful.

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Re:Generative AI is not replacing jobs or hurting wages at a... by asadotzler on Tuesday April 29, 2025 @02:14PM (#43836112)
NFTs weren't a trillion dollar black hole that's yet to come close to providing value anywhere near that investment level. Come back when AI companies are actually profitable. Until then, LLM AI value is negative, and if the companies can't turn that around, they'll be as dead as NFTs and you won't even get the heavily subsidized company killing free of cheap features you think are solid.
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