Hugging Face head predicted collapse of large language models bubble

Clem Delangue from Hugging Face drew a red line in the discussion about the technology bubble. And this line doesn’t run where everyone expects. The head of one of the largest AI platforms stated that there is a bubble, but it’s not an AI bubble. It’s a large language models bubble. And it could collapse as early as next year.

At an Axios event, the entrepreneur called this the “trillion-dollar question”. But his forecast sounds unexpectedly optimistic. If it bursts – then nothing terrible. Because large language models are just a subset of AI when it comes to biology, chemistry, images, audio and video.

Quote: “All the attention, all the focus, all the money is concentrated on the idea that you can build one model through a bunch of computations, and it will solve all problems for all companies and all people. But reality will be different. In the coming months and years, many specialized models for specific tasks will appear.

For example – a banking chatbot. It doesn’t need to tell about the meaning of life, right? You can use a smaller model that will be cheaper, faster, and can be run on your own infrastructure”.

It turns out the industry is throwing trillions at creating universal giants that should solve everything. But the future seems to belong to an army of narrow specialists, each doing one thing but doing it well.

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