“WE'RE IN AN LLM BUBBLE,” HUGGING FACE CEO SAYS—BUT NOT AN AI ONE

Summary from the TLDR AI newsletter

Clem Delangue, CEO of Hugging Face, says that the LLM bubble may be bursting next year. However, that doesn't mean that 'AI' will collapse - LLMs are just a subset of AI technology. We are still at the very beginning of AI, and we'll see much more in the next few years. It is more likely that we will end up with a multitude of models that can solve many different problems rather than one type of model that will solve all problems for all companies.