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I wish my forehead had more headroom for the amount of travel my right eyebrow needs to accommodate this statement.

There is a bubble all-right, in token usage. All big providers show exponential increase in token usage month over month.

Despite continuous optimization and data center buildup, I frequently encounter "model is overloaded" errors.

The parent comment is an indicator that we are in a AI bubble.

Looks a lot like web2.0 though.

Haven't we already gone through web3.0?