There are four vacuum repair shops on Cape Cod, and I’ve never seen anyone walk into any of them. I bet a big chunk of these funds are funneling through there.
> a tool producing a cheap reward with minimal input and no friction can only be a liability, and achieving that realisation is probably the only real contribution of AI to date.
AI is a force multiplier for whoever is using it. In the hands of a skilled practitioner, AI can be used effectively. In the hands of an idiot… watch out.
> We show that this metric has been consistently exponentially increasing over the past 6 years, with a doubling time of around 7 months.
If true, how much of this is a result of:
1. Genuine technical advancement
or:
2. Shoveling trillions of dollars into compute resources in order to service incoming LLM requests in a way that is completely unrealistic over the long term?
In other words… are we talking about genuine, sustainable innovation that we get to take with us moving forward and benefit from? Or are we talking about an “improvement” that is more akin to a mirage that will eventually disappear when the Ponzi scheme eventually collapses?
Nods knowingly. Yes, of course. I definitely know this.