The Network was a good idea fifty years ago, and it was still a good idea by the time the Internet was definitely the next network which was a few years before the DotCom bubble, both actual large language models and the "What if all human conversations in a box?" thought experiment (this definitely passes the Turing test, but, it's clearly not a person is it) are also good ideas, distinct from present "AI in everything" LLM craziness.
Just because tulips are nice doesn't make Tulip Madness a good idea. At the height of the DotCom boom consumers were buying stock at IPO prices for companies which made no sense whatsoever, because they said "Internet" or, (hence the naming) ".com"
For example Be Inc. was a vehicle for a failed Apple exec to "prove" he was the right person to run Apple, not Steve Jobs. After their runway ran out and institutions wanted nothing further to do with it, Be Inc. went IPO. They do this by saying they were an "Internet appliance" company and taking an OS with terrible networking but pretending it's good. In normal times this would attract laughter - they're offering a worse product, most likely it just tanks or never comes to market, and in the extreme case that Apple wants the CEO they're going to cut a deal with the man, not save the dead weight company. His most senior people might get parachutes but Apple has no reason to pay ordinary stock owners a penny. Sure enough those who bought at IPO rescued the institutions but were wiped out.
Just because tulips are nice doesn't make Tulip Madness a good idea. At the height of the DotCom boom consumers were buying stock at IPO prices for companies which made no sense whatsoever, because they said "Internet" or, (hence the naming) ".com"
For example Be Inc. was a vehicle for a failed Apple exec to "prove" he was the right person to run Apple, not Steve Jobs. After their runway ran out and institutions wanted nothing further to do with it, Be Inc. went IPO. They do this by saying they were an "Internet appliance" company and taking an OS with terrible networking but pretending it's good. In normal times this would attract laughter - they're offering a worse product, most likely it just tanks or never comes to market, and in the extreme case that Apple wants the CEO they're going to cut a deal with the man, not save the dead weight company. His most senior people might get parachutes but Apple has no reason to pay ordinary stock owners a penny. Sure enough those who bought at IPO rescued the institutions but were wiped out.