Social media these days features a whole lot of weird race and IQ graphs to support racist conspiracy theories. This stuff has long been funded and promoted by rich racists. Angela Saini’s excellen…
The “money” the AI companies have are basically just promises from backers. If they cannot deliver their promises (which boil down to basically knowledge industries replacing around 20% of their workforce with LLMs) then that imaginary money dries up. Remember, there are real bills in the form of power and cooling and hardware that have to be paid all the time just to keep running in place.
A lawsuit that convinces the public and investors that LLMs are a dead end will kill most LLM companies.
Yeah, this is the “emperor has no clothes” reality that I keep bringing up with my friends who are still invested in the bubble (emotionally if not financially). The genAI/LLM tech stack defies the entire decades-long cost curve and investment thesis for computer technology. Up through the smartphone era, you bought in because you could get more utility for lower cost. What’s being pushed now is higher-cost for dubious utility gains; it’s just that some vendors are eating losses to hide the costs. (And of course the externalities get swept under the rug.)
A lawsuit that convinces the public and investors that LLMs are a dead end will kill most LLM companies.
To engage in some shameless self-promo, it’ll probably destroy the concept of AI - the bubble’s made “AI” synonymous with “LLMs and slop generators” in the public eye, so if LLMs get declared a dead end, AI as a whole will probably be written off alongside it.
The “money” the AI companies have are basically just promises from backers. If they cannot deliver their promises (which boil down to basically knowledge industries replacing around 20% of their workforce with LLMs) then that imaginary money dries up. Remember, there are real bills in the form of power and cooling and hardware that have to be paid all the time just to keep running in place.
A lawsuit that convinces the public and investors that LLMs are a dead end will kill most LLM companies.
Yeah, this is the “emperor has no clothes” reality that I keep bringing up with my friends who are still invested in the bubble (emotionally if not financially). The genAI/LLM tech stack defies the entire decades-long cost curve and investment thesis for computer technology. Up through the smartphone era, you bought in because you could get more utility for lower cost. What’s being pushed now is higher-cost for dubious utility gains; it’s just that some vendors are eating losses to hide the costs. (And of course the externalities get swept under the rug.)
To engage in some shameless self-promo, it’ll probably destroy the concept of AI - the bubble’s made “AI” synonymous with “LLMs and slop generators” in the public eye, so if LLMs get declared a dead end, AI as a whole will probably be written off alongside it.