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Jimmy Wales Says Wikipedia Could Use AI. Editors Call It the 'Antithesis of Wikipedia'
(www.404media.co)
this post was submitted on 21 Aug 2025
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Crypto was an annoying bubble. If you were in the tech industry, you had a couple of years where people asked you if you could add blockchain to whatever your project was and then a few more years of hearing about NFTs. And GPUs shot up in price. Crypto people promised to revolutionize banking and then get rich quick schemes. It took time for the hype to die down, for people to realize that the tech wasn't useful, and that the costs of running it weren't worth it.
The AI bubble is different. The proponents are gleeful while they explain how AI will let you fire all your copywriters, your graphics designers, your programmers, your customer support, etc. Every company is trying to figure out how to shoehorn AI into their products. While AI is a useful tool, the bubble around it has hurt a lot of people.
That's the bubble side. It also gets a lot of baggage because of the slop generated by it, the way it's trained, the power usage, the way people just turn off their brains and regurgitate whatever it says, etc. It's harder to avoid than crypto.
God I had coworkers that had never used a vr headset claiming the metaverse was going to be the next big thing. I wish common sense was common.
"The metaverse" changed it's definition depending on who you talked to. Some definitions didn't even include VR.
"AI" also changes it's definition depending on who you talk to.
Vague definitions = hype
Yeah, you're right. My thoughts were kinda uncollected.
Though I will argue some of the negatives (like inference power usage) are massively overstated, and even if they aren't, are just the result of corporate enshittification more than the AI bubble itself.
Even the large scale training is apparently largely useless: https://old.reddit.com/r/LocalLLaMA/comments/1mw2lme/frontier_ai_labs_publicized_100kh100_training/
I believe that the bad behavior of corporate interests is often one of the key contributors to these financial bubbles in every sector where they appear.
To say that some of the bad things about this particular financial bubble are because of a bunch of companies being irresponsible and/or unethical seems not to acknowledge that one is primarily caused by the other.