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You’re right about the definition, and I do think the LLMs will aid in a product offering’s profitability, if not directly generate profits. But OP didn’t mean economically, they meant LLMs will go the way of slap bracelets.
Sounds like they meant economics to me.
They said “AI bubble collapses” first then “their value” - meaning the product’s practical use stops functioning (people stop using it) first thus causing economic breakdown for the companies as a result.
It’s obvious that the OP is expecting LLMs to be a fad that people will soon be forgetting.