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Comment by bigbadfeline

23 days ago

> LLMs have unlocked a lot of value for me personally, and arguably for the society as a whole.

The second part doesn't follow from the first which, in turn, is irrelevant here because we aren't talking about any value for society, we're trying to figure out if that value is greater than its opportunity cost.

The "AI" has been with us for several years now but it hasn't improved overall productivity in any meaningful way and while it's use is already plateauing it keeps sucking in capital like a giant black hole.

> As a technologist, I'm really glad that money is pouring in and allowing us to find its limits.

That's not a good thing when it happens at the expense of the rest of society.

It's only natural that workers at NVIDIA and other suppliers of AI-related products would like the gravy train to travel their way in perpetuity, but they are literally wasting capital, which isn't theirs, for their own enrichment, while creating inflation, shortages and misallocations on a grand scale.