Is he saying it's just LLMs that are generating no value?
I wish reporters could be more specific with their terminology. They just add to the confusion.
Edit: he's talking about generative AI, of which LLMs are a subset.
this post was submitted on 26 Feb 2025
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Well duh
That’s standard for emerging technologies. They tend to be loss leaders for quite a long period in the early years.
It’s really weird that so many people gravitate to anything even remotely critical of AI, regardless of context or even accuracy. I don’t really understand the aggressive need for so many people to see it fail.
I just can't see AI tools like ChatGPT ever being profitable. It's a neat little thing that has flaws but generally works well, but I'm just putzing around in the free version. There's no dollar amount that could be ascribed to the service that it provides that I would be willing to pay, and I think OpenAI has their sights set way too high with the talk of $200/month subscriptions for their top of the line product.
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For a lot of years, computers added no measurable productivity improvements. They sure revolutionized the way things work in all segments of society for something that doesn’t increase productivity.
AI is an inflating bubble: excessive spending, unclear use case. But it won’t take long for the pop, clearing out the failures and making successful use cases clearer, the winning approaches to emerge. This is basically the definition of capitalism
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