The internet bubble is probably a good analogy. It took almost 20 years and several rounds of failed businesses for the internet to have the impact that was originally promised. The big internet companies of the 90s are not where the money was ultimately made.
Similarly, the current LLM vendors and cloud providers are likely not where the money will ultimately be made. Some startup 10-15 years from now will likely stack a cheaply hosted or distributed LLM with several other technologies, and create a whole new category of use cases we haven't even thought of yet, and that will actually create the new value.
Similarly, the current LLM vendors and cloud providers are likely not where the money will ultimately be made. Some startup 10-15 years from now will likely stack a cheaply hosted or distributed LLM with several other technologies, and create a whole new category of use cases we haven't even thought of yet, and that will actually create the new value.
It's basically the Gartner hype cycle in action.