The Generative AI Bubble: A Con Built on Hype and Lies?

Over two years since ChatGPT's launch, Large Language Models (LLMs) have gone from novelty to one of the 21st century's biggest cons. While ChatGPT boasts 300 million weekly users, the author argues this doesn't validate generative AI as a sustainable trillion-dollar industry. The article critiques OpenAI and Anthropic's money-burning, profitless models and the media's hype, highlighting how new products like Deep Research fail to deliver breakthroughs, instead revealing low quality and high costs. The author predicts the generative AI bubble will burst, causing significant damage to the tech industry and society.