Mak'

He said we are still waiting for the hype to become reality, in the form of something obvious and impossible to miss, like the world economy shooting up 10% across the board.

That’s such an odd turn of phrase. “We’re still waiting for the hype to become a reality…” and “…something obvious and impossible to miss…”

So, like, do I have to time to go to the bathroom and get a drink, before I sit down and start staring at the empty space, or…?

Don’t get me wrong. I work with this stuff every day at this point. My job is LLMs and model training pipelines and agentic frameworks. But, there is something… off, about saying the equivalent of “it’ll happen any day now…”

It may just, but making forward-looking decisions on something that doesn’t exist—may not come to pass—feels like madness.

I’ve basically given up hope of the bubble ever bursting, as the market lives in La La Land, where no amount of bad decision-making seems to make a dent in the momentum of “line must go up”.

Would it be cool for negative feedback to step in and correct the death spiral? Absolutely. But, I advise folks to not start holding their breath so soon…

Very bold move, in a tech climate in which CEOs declare generative AI to be the answer to everything, and in which shareholders expect line to go up faster…

I half expect to next read an article about his ouster.