“Since no one can say definitively whether this is a bubble”

Oh yes we can. You can dismiss my anecdote if you like, but I’m telling you, this path of AI will not lead to AGI and whats claimed:

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You can feed these things all human knowledge and all the compute on the planet and they won’t emulate intelligence, because they don’t know how to think. So the investment is in great pattern matching and that’s simply not going to displace humanity.

This article I posted is the other side of yours:

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I'm given to agree. In under 5,000 words.