There's already a clear divide between AI slop and real content online, but I don't think it's going to lead to a content crash like the videogame crash of the 80s.
It's going to be worse. The problem is that those who cannot without the LLM's help are eventually going to say the LLM's output is "good enough" and that will drop the value of everything above it. I.e. It won't matter if you can do it yourself without the LLM or not. People will only pay for what the LLM produces and not a red cent more, and the LLM can produce it at the push of a button so it's a fungible good. Replaced completely in seconds, which means you aren't living on your work anymore the second that the LLM gets "good enough" into the market.
Don't believe me? Go ask the white collar workers getting replaced by "good enough" genAI. The LLM doesn't have to be perfect, it just has to generate acceptable ROI for the investor class, and it's already "good enough" in many places.
This is the ultimate end game for profiteering. No-one can make any money because the industry made a machine that can do it all. Dropping the value of the work to near zero, bankrupting every company that didn't get out in time, and creating droves of unemployable workers that now must retool into something else. (With that something else being an ever decreasing list of things because the AIs never stop improving.)
Amazon is already full of low effort obviously generated garbage, and the internet as a whole is already bursting with endless low effort bullshit pushed by untalented ghouls looking for a quick buck
Well you got rid of manufacturing, and made everyone a service sector employee in the 00's. Then when there wasn't enough jobs to go around, their only options were to make stuff no-one else was or entertain others. Now that AIs can do the same thing but far faster and cheaper, there's a dearth of garbage because the AI's masters are trying to hoover up what little wealth exists in that market too. It's just like the housing crisis. Buy up all of the homes with venture capital, and those that need them can't afford them due to the price hikes. Now, it's suck up all of the wealth from even the smallest markets, and those without a regular job can't afford anything.
clueless edgy teenagers not realizing their internet antics could follow them for years.
"Post your entire life online and share it with your friends! Yes even when you take a shit! Pass ULTIMATE Judgement on the turds of others!" - Social Media companies.
Nuff said. They monetized people's insecurities and desires to connect with others. Then they ostracized anyone who didn't jump off the cliff with them and called those giving warnings to others conspiracy theorists. Then they pushed the idea that everyone knows and does it anyway to kill privacy. Then they normalized the idea of whoring yourself and others out to companies as the expected form of perpetual payment. (ADs everywhere makes the world go round!)
People are seeing the garbage that low effort fools are producing with LLMs and assuming that's all it can do because you cant even tell it was involved if it's used properly.
See above about things being "good enough." They don't care and nothing you say or do is going to change that until they find out that their "good enough" means they get to starve on the streets in a puddle of their own piss.
The real problem I see coming down the pipe is the dependency people are developing. There WILL come a time for profit, and when that time comes, we're going to have an entire generation of people who've already outsourced their cognitive abilities to their chosen LLM and simply wont be able to function with it.
Congrats you've seen the next move for the Capitalists to make. Not that it will prevent you from entering Terrafoam.
I see the natural evolution of this tech a lot like the personal computer. Eventually, it's gonna be just another appliance in every home.
Nope, it's going to be a leased out time slot in a server farm. Don't think for even a second that they'll let you just keep a digital slave for yourself without some form of recurring payment.
Today, nobody knows how to open a can of beans without a can opener, and I'm afraid we wont be able to learn without our learning machines.
Oh, they'll still be able to learn alright. They just won't have the means to put that knowledge to use, so they'll avoid learning to keep what little time they have left for other things.