The point is the web is changing, and people use a different type of browser now. Ans that browser happens to be LLMs.
Anybody complaining about the new browser has just not got it yet, or has and is trying to keep things the old way because they don’t know how or won’t change with the times. We have seen it before, Kodak, blockbuster, whatever.
Grow up cloud flare, some is your business models don’t make sense any more.
This concept has been studied already extensively, e.g [1] (in 2000!) by people like Rivest and Chaum, who have actual decade-old competence in that field.
[1] https://people.csail.mit.edu/rivest/pubs/pubs/LRSW99.pdf
Without tech companies and data centres we will just be a theme park for tourists with the poorly paid, precarious hospitality jobs that go along with that.
Data centres are even worse - they need only a handful of staff members while draining incredible amounts of energy and water.
You live in Spain - why not advocate for boosting the energy sector, better grid infrastructure, more renewables, etc.? This would harness a tangible, sustainable strength of your country within the EU and, considering the blackout last month, is definitely something to work on before any tech company or datacentre can settle in Spain ...
Without sacrificing code quality, it only makes coding more productive _if you already know_ what you're doing.
This means that while it has a big potential for experienced programmers (making them push out more good code), you cannot replace them by an army of code monkeys with LLMs and expect good software.
It is also wrong to frame limited stock outperformance as proof that AI has no benefit. Stock prices reflect broader market conditions, not just adoption of a single technology. Early deployments rarely transform earnings instantly. The internet looked commercially underwhelming in the mid-1990s too, before business models matured.
The article confuses the immaturity of current generative AI pilots with the broader potential of applied AI. Failures of workplace pilots usually result from integration challenges, not because the technology lacks value. The fact that 374 S&P 500 companies are openly discussing it shows the opposite of “no clear upside” — it shows wide strategic interest.
Mentioning the mid-1990s' internet boom is somewhat ironic imo, given what happened next. The question is whether "business models mature" with or without a market crash, given that the vast majority of ML money is provided for LLM efforts.