I think it's an apt analogy. The Internet (and the web) was definitely good tech that is still used. Artificial Intelligence (or maybe more broadly, data science or _statistics_) is good tech that will still be used.
But chatbots in all the things? That will definitely collapse. I am interested to see what cream rises to the top out of all this and if we'll see an actual bubble burst like we did then.
I've been thinking about this recently with internet comments on here, reddit, etc. There are very few topics on which I'd consider myself an expert, but whenever one comes up, the "top" comment (often something contrarian/snarky) is always significantly incorrect.
Some people here are confused. Kindness towards people doesn't preclude you from being assertive. It doesn't preclude you from being a shrewd negotiator. It doesn't preclude you from provide feedback to an employee who needs to improve performance. It doesn't preclude you from laying off an employee.
A bit of short-term thinking, though. Even if companies _right now_ can treat applicants like crap, they probably shouldn't. I'd rather have an applicant accept an offer because they want to, not because they have to. They'll care more about the work and are less likely to flee.
While it's not fair, what I've settled on is this: if they can't spend for in-house recruiting, they probably can't afford me. This is based on ~20 years of this consistently happening. Again, not fair, but I have limited time to do job searching and empirically 3rd party recruiters have always hit a dead end.
With all the hallucinating (or "bullshitting") going on, it's hard to imagine LLMs working well for query generation. But hey, we're _very_ early days for all of this.
I think perhaps their current usage isn't optimized yet. I'm not sold on people chatting with a model as the best UX. Maybe some abstraction on top of this interaction