Story

I get it - LLMs do have some value, but not as much as everyone (especially those from AI labs) is trying to pitch. I can't help thinking that it's so obvious we are almost at the very top of this bubble - but here it feels like the majority of HN doesn't think like that...

Yet just in 2026 we had:

- AI.com was sold for $70M - Crypto.com founder bought it to launch yet another "personal AI agent" platform, which promptly crashed during its Super Bowl ad debut.

- MoltBook-mania - a Reddit clone where AI bots talk to each other, flooded with crypto scams and "AI consciousness" posts. 250,000+ bot posts burning compute for what actual value? [0]

- OpenClaw - a "super open-source AI agent" that is a security nightmare.

- GPT-5.3-Codex and Opus 2.6 were released. Reviewers note they're struggling to find tasks the previous versions couldn't handle. The improvements are incremental at best.

I understand there are legitimate use cases for LLMs, but the hype-to-utility ratio seems completely out of whack.

Am I not seeing something?

[0] https://www.technologyreview.com/2026/02/06/1132448/moltbook-was-peak-ai-theater/