this post was submitted on 23 Mar 2024
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Far from it. The AOL-era internet is a great comparison. It's a hype bubble around a real thing that's mostly going to do cool shit that's not profitable. After that burst, we got a ton of globally-important websites from like 1998 to 2008, and nnnot many made money.
Wouldn't worry about centralization, though. Local image generators exploded last year. A bunch of companies now already use LLMs for dumb shit, and represent high demand for doing it cheaply on their own instead of as-a-service. Most research has to be open just to get any attention. The whole field is moving so continuously that we're seeing all the stupid project names picked by programmers. (We're all dorks. Sorry.)
If you look up how Stable Diffusion works, it's damn near "remove all the marble that doesn't look like a statue." That kind of troll logic is what's driving this thing, so of course the assholes with money don't know what's real. When they start dropping out, we're still gonna have the magic bullshit that their hype sped up.