Comment by efitz

I don’t like the clickbait title.

Many people today find LLMs useful, as evidenced by willingness to pay to use them. That alone IMO largely demolishes the “wasted” argument; markets will find the right price vs cost vs value trade-off when necessary.

The author presupposes that the only goal of all the LLM investment that has been done is to achieve AGI.

Certainly the big players are seeking AGI but they’re also businesses trying to make money, or at least not lose huge amounts of money. So we see a lot of market experiments trying to figure out where and how LLMs can provide value for paying customers.