Comment by jemmyw

I was thinking the same but it's not really what the post is about. They talk about there are use cases for LLMs and devs can be benefiting.

What it goes into is how over hyped and over valued these companies are. They've blown through $5bn of compute each in a year and their revenue is abysmal. Microsoft won't report on ai separately, probably because it's abysmal.

I'm positive on LLMs for coding. But I think I have to agree with their assessment. Coding seems like the best area for these tools and what we see now is great. It's probably even worth $10b to the IT industry maybe eventually. But they're not paying for it yet, clearly. And I also think it's just not going to have huge significance outside our industry. The people I rub shoulders with outside of work have not mentioned or asked about it once, which is not necessarily meaningful but it does reveal the limits of hype too.