Every time you get ChatGPT or Claude or Perplexity or whatever to do something for you, you are costing the slop pusher money. Even if you’re one of those people stupid enough to pay for an account.
If ChatGPT charged Netflix-like fees for access, they’d need well over half the world’s population just to break even. And unlike every other tech that we’ve created in the past, newer versions are more expensive to create and operate with each iteration, not less.
There’s no fiscal path forward. LLMs are fundamentally impossible to scale and there’s no amount of money that’s going to fix that. They’re a massive bubble that will burst, very messily, sooner, rather than later.
In a decade there will be business studies comparing LLMs to the tulip craze. Well, at least in the few major cities left in the world that aren’t underwater from global warming inspired by all those LLM-spawned data centres.
I hope you’re right, but also that’s really bleak. I understand that Nvidia, Microsoft, and OpenAI are essentially passing money in a circle and can only wonder how long they can keep it up. It’s not a lossless circuit
This is, thankfully, emphatically not true. There is no economic path that leads to these monstrosities remaining as prominent as they are now. (Indeed their current prominence as they get jammed into everything at seeming whim is evidence for how desperate their pushers are getting.)
Every time you get ChatGPT or Claude or Perplexity or whatever to do something for you, you are costing the slop pusher money. Even if you’re one of those people stupid enough to pay for an account.
If ChatGPT charged Netflix-like fees for access, they’d need well over half the world’s population just to break even. And unlike every other tech that we’ve created in the past, newer versions are more expensive to create and operate with each iteration, not less.
There’s no fiscal path forward. LLMs are fundamentally impossible to scale and there’s no amount of money that’s going to fix that. They’re a massive bubble that will burst, very messily, sooner, rather than later.
In a decade there will be business studies comparing LLMs to the tulip craze. Well, at least in the few major cities left in the world that aren’t underwater from global warming inspired by all those LLM-spawned data centres.
I hope you’re right, but also that’s really bleak. I understand that Nvidia, Microsoft, and OpenAI are essentially passing money in a circle and can only wonder how long they can keep it up. It’s not a lossless circuit
The longer they keep up the circlejerk, the worse it will be for the US economy when it fails. (When. Not if.)