I am reminded of the situation on HN five years ago, when if anyone said anything remotely skeptical about blockchain or crypto, there was an avalanche of comments saying the opposite. It should by now be apparent to all that it was in fact mostly people whose job or investments relied on blockchain/crypto hype, trying to silence anything that got in the way of their cashout.

There are some valid uses for neural networks, including LLM's, just as there were a few valid usecases for blockchain. None of them are particularly revolutionary, and it's not clear yet that any of them will pay for the enormous computing power required.