Building Loom

pexavc@lemm.ee

pexavc@loom.nyc

  • 2 Posts
  • 38 Comments
Joined 1 year ago
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Cake day: July 6th, 2023

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  • Yeah, I assumed the general consensus was “alt coins” in crypto or the scams themselves are the “bubble”. But, Ethereum and initial projects that basically create the foundational technologies (smart contracts, etc) are still respected and I’d say has a use case, but is not “production ready?”. So for AI/ML in LLMs at least, things like LLaMa, Stability’s, GPT’s, Anthropic’s Claude, are not included in this bubble, since they aren’t necessarily built on top of each other, but are separate implementations of a foundation. But, anything a layer higher maybe is.





  • it’s so effective, it only takes a few milking it to completely saturate the opportunity market

    Yeah, this is the problem. The moment a couple cover each platform. The bubble gets created really fast with the wrapper implementations that follow suit, that add no added value. Or the value add may be a simple update for the ones that were first, if the first ones never implement it then I usually view the new ones as the better version.


  • Yeah early this year, I was crunching the numbers on even a simple client to interface with LLM APIs. It never made sense, the monthly cost I would have to charge vs others using it to at least feel financially safe, never felt like a viable business model or real value add. That’s not even including Generative Art, which would definitely be much more. So, don’t even know how any of these companies charging <$10/mo are profitable.


  • I said the same thing. It feels like that. I wonder if there’s some sociological study behind what has been pushing “wrappers” of implementations at high volume. Wrappers meaning, 90%+ of the companies are not incorporating Intellectual Property of any kind and saturating the markets with re-implementations for quick income and then scrapping. I feel this is not a new thing. But, for some reason it feels way more “in my face” the past 4 years.