this post was submitted on 26 Oct 2024
1 points (100.0% liked)
TechTakes
1490 readers
18 users here now
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
This is not debate club. Unless it’s amusing debate.
For actually-good tech, you want our NotAwfulTech community
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.