this isn't the invention of the wheel, electricity, etc. You are definitely overhyping it. LLMs hallucinate. It is an unsolvable problem defined by the very nature of the architecture itself. No amount of thinking or counter thinking or triple checking will fix it because LLMs don't understand the basis of what is right and wrong, what looks right and wrong, why saying or doing the wrong thing is bad, and why or when it should realize what it produced is wrong, and what it should do about it.

Big Tech wants to make humans the go-between, however, the thinking and problem solving wasn't the problem to begin with. Checking for mistakes, correcting them, and presenting the corrected versions is the hard part. If a human does not go through the steps of solving the problem, they can't effectively analyze or process the output, which will always lead to mistakes. The only way for LLMs to take over any jobs would be if humans were perfectionists and could check every single bit of work without fault (since LLMs will always make some mistakes: a "perfect" LLM isn't possible anymore than a perfect human being is). Humans (especially myself are disaster and mistake prone.

That's why you should not invest now unless you are short term trading, and you should get that bag of popcorn ready. Trillion dollar valuations aren't real. It's a fake number propped up by a bubble. The US is in record debt, and it will be unable to backstop the financial loss...without taxing heavily the very folks that want to be backstopped. Those folks are dimwits and are only focused on making a buck. They are assuming everything will work out, either via investors/revenue/profits or a government bailout.

Bear Stearns had the same attitude.

In 2008 the government had leeway. This time, they do not. Regardless of political party.

Disclaimer: Please note I do not have an investment in any company, not even in a 401k. I am a disabled software engineer (and manager, in some cases) who worked in/with startups with various sectors. I have knowledge about all the financial and investor nonsense that goes into startups and small businesses. As an autistic millennial, who has definitely been around the block with bubbles, I am also interested in tech and finance. I also have a decent amount of knowledge about the damn stock market. I don't and will never claim to be an expert in any of those things, however, I know enough to say that a whole bunch of folks are going to lose a TON of money at some point within the next few months/years (likely before 2030, possibly by 2028), so if you are overexposed to the stock market (pretend it drops to zero, won't happen, however, it will drop, and no stock is safe, this goes for you FIRE folks as well), you should back off your investments to an acceptable level (the most amount of money you'd be fine with losing ALL of).

Sorry for the rant. Have a good night all.