IMHO for now LLMs are just clever text generators with excellent natural language comprehension. Certainly a change of many paradigms in SWE. Is it also a $10T extra for the valley?
The 90ies had quite a few pretty visionary people. CERN made the Web protocol and code available royalty free on 30 April 1993, enabling its widespread use.
At that time there were still CompuServe, AOL, Minitel and BTX around - not just walled gardens but walled worlds but a handful of people already saw and shaped the future...
For example the cookies of the NYT:
- Store and/or access information on a device 178 vendors
- Use limited data to select advertising 111 vendors
- Create profiles for personalised advertising 135 vendors
- Use profiles to select personalised advertising
- Understand audiences through statistics or combinations
of data from different sources 92 vendors
There is no way to escape any of this unless you spend several hours per week to click through these dialogs and to adjust adblockers.And even if you block all cookies, ever-cookies and fingerprinting, then there are still cloudflare, amazon, gcp and azure who know your cross-site visits.
The NSA is no longer listening because there is TLS everywhere? Sure, and the earth is flat.
IMHO the investors are betting on a winner-takes-it-all market and that some magic AGI will be coming out of OpenAI or Anthropic.
The questions are:
How much money can they make by integrating advertising and/or selling user profiles?
What is the model competition going to be?
What is the future AI hardware going to be - TPUs, ASICs?
Will more people have powerful laptops/desktops to run a mid-sized models locally and be happy with it?
The internet didn't stop after the dotcom crash and the AI wont stop either should there be a market correction.
Electricity price for industry is 0.112 USD in China, 0.455 USD in the UK, 0.29 USD in Germany, 0.149 USD in the US. [2]
This definitely looks like starting to be competitive for various use cases and regions. Obviously it needs a charging infrastructure that can keep up with it.
Charging speed is currently 350KW, 1MW chargers are in development.
[1] https://www.auto-anders.de/eactros-600 [2] https://www.globalpetrolprices.com/map/electricity_industria...
Also, he was supposedly invited to fight in the American civil war but refused since he couldn't get the level of command he wanted, although there was a Garibaldi Guard in that war.
Queen Victoria wrote in her diary , about Garibaldi's visit to London, that most of the elite was far too fascinated with him. During the same visit, the servants at the house he was staying sold the water he used to wash himself to collectors.
[1] https://www.youtube.com/watch?v=Nnuq9PXbywA&list=RDNnuq9PXby...