He’s not even as critical as he should be. What we’re seeing, and what some experts have been saying for more than year now, is that LLMs will never become intelligent no matter how much resources we dump into them. It’s not that these tech CEOs are looking ahead to what LLMs will eventually be able to do. They are delusional.
I'm going do disagree, but not because I want to be contrary. The 2000 tech crash killed a LOT Of early internet companies. Lycos, Altavista, Netscape (Which forked into Firefox, but still), AskJeeves, Pets.com, and MANY others. It also put a huge dent in Yahoo, AOL, Prodigy, and others, which lead to their eventual deaths or complete irrelevance.
But in the wake of it, the structure of what we know as "modern" internet and tech was laid and still exists. Google. MacOS. MP3 revolution. P2P sharing and all the stuff that comes with that. High Speed Internet.
My point is, if the economy does crash as a result of this, which I think it will, when we get to the opposite side of the crash, what remains will be MUCH stronger, and potentially far more strange than we can comprehend right now. Could be a few years, could be a decade, but AI isn't going away. It's just a matter of what it will evolve into. And that's where it gets scary.