Bingo! A distinction with a difference.
From Axios, November 18:
Exclusive: The AI bubble is actually an LLM bubble, Hugging Face CEO says
Large language models (LLMs) are the real bubble that could burst, although an AI bubble gets more attention, Hugging Face CEO Clem Delangue said during Axios BFD on Tuesday.
Why it matters: Wall Street has been concerned over an AI bubble and its potential collapse after the arrival of game-changing LLMs like ChatGPT transformed the AI market.
- "I think the LLM bubble might be bursting next year," Delangue told Axios' Dan Primack in New York City.
Yes, but: Delangue sees potential for AI's applications in biology, chemistry, images, audio and video, he said.
- "LLM is just a subset of AI," he said.
Context: Hugging Face, which bills itself as GitHub for machine learning, says it is "the AI community building the future." The company provides open-source tools for developing artificial intelligence.
- "We're on a mission to democratize good machine learning, one commitment at a time," its website said.
Zoom out: Google, Amazon, Nvidia, IBM and other tech companies invested in Hugging Face in 2023.
- Google Cloud Tech announced this month that it was expanding its partnership with Hugging Face to accelerate open model developments....
...MORE
HT that the story was out, for our headline and, somewhat oddly, a deeper dive: Arabteknik
https://arabateknik.com/article/hugging-face-ceo-were-facing-an-llm-bubble-not-a-broader-ai-bubble
