I’m not perplexed. When in doubt,look at the wallets. They’re out of money. The interest on the loans is starting to bite, and their revenues aren’t going up like they hoped.
Yep. If they just stop building for financial reasons then it looks like a bad investment. If it’s because “the technology is too good” then they can slow down and act like it’s a good investment at the same time.
With no exponential improvement in efficiency it means they have basically hit the ceiling on LLMs and constsntly increasing compute to make any progress is no longer drawing in massive funding. They just want a reason to maintain the current level while they shift to sucking money out of the people who are stuck with LLM workflows.
I’m not perplexed. When in doubt,look at the wallets. They’re out of money. The interest on the loans is starting to bite, and their revenues aren’t going up like they hoped.
Yep. If they just stop building for financial reasons then it looks like a bad investment. If it’s because “the technology is too good” then they can slow down and act like it’s a good investment at the same time.
With no exponential improvement in efficiency it means they have basically hit the ceiling on LLMs and constsntly increasing compute to make any progress is no longer drawing in massive funding. They just want a reason to maintain the current level while they shift to sucking money out of the people who are stuck with LLM workflows.