Yes, though to be fair these things often move in pendulum swings back and forth and that's a natural component of any system finding equilibrium.

Just as AI has many detractors raised to fear HAL or the Terminator and approaching any news of what's perceived as the existential threat they were warned of with hyper caution, there's also a ton of hypemasters packaging up snake oil with AI having become the new 'quantum' to slap on a pile of crap and claim is gold.

The two are going to balance out.

NFTs were hyped to shit on numerous get rich quick pyramid schemes, and a number of companies that were jumping on the bandwagon to try and catch a wave rightfully abandoned what was going to be a terrible idea (i.e. Square Enix).

That said, the technology isn't going anywhere and I'm sure we'll see peer to peer cryptography backed exchanges of goods and services continuing to work their way into future products where the technology makes sense on its own merits as opposed to hype cycles.

The utility of AI, and specifically LLMs, is so astounding right now even in its infancy that it's not going anywhere no matter where public opinion sits. It just won't necessarily be used as a selling point, like for a new Coke flavor. Which is ultimately going to be a good thing.

I agree that misinformation tends to be bad, and I do have legitimate concerns that the feverous anti-AI crowd is going to end up cutting off their nose to spite their face driving a technological revolution behind closed doors of international conglomerates rather than open access, but at a certain point pretty soon this ship is going to be out of anyone's control, and just as the DCMA doesn't actually prevent me from downloading The Matrix right now vs in 2000 outside of a few extra hoops, the likely eventual "let's try to handicap AI Act" is probably not going to prevent me from running model weights published in Israel or Japan on a local GPU.

I used to get more stressed about the rhetoric online, but it's reached a point where it's clear 90% of people aren't looking for facts or understanding, they are only seeking confirmation bias and down voting anything that doesn't deliver it.

In that climate, why waste our time? Discussions where one stands to learn through contribution and formulating a comment are still probably worthwhile, but a lot of discussion of AI in more general forums have honestly just turned into tantrums where no one wants to have their outrage party rained on.

It's become the equivalent of explaining the science of immunity to antivax crowds.