It's definitely a tech that's here to stay, unlike block chain/nfts
But I mirror the confusion why people are still bullish on it.
The current valuation for it is because the market thinks that it's able to write code like a senior engineer and have AGI, because that's how they're marketed by the LLM providers.
I'm not even certain if they'll be ubiquitous after the venture capital investments are gone and the service needs to actually be priced without losing money, because they're (at least currently) mostly pretty expensive to run.
But I mirror the confusion why people are still bullish on it. The current valuation for it is because the market thinks that it's able to write code like a senior engineer and have AGI, because that's how they're marketed by the LLM providers.
I'm not even certain if they'll be ubiquitous after the venture capital investments are gone and the service needs to actually be priced without losing money, because they're (at least currently) mostly pretty expensive to run.