"of course the technology is developing less quickly now we all agreed to an AI development slow down because we were afraid we would develop AGI too quickly and it would be a skynet situation not so we can justify why our dead end tech isn't progressing"

"btw we just did an IPO please buy shares"

con men every last one of them

a few economic takes:

- their burn rate have caught up to them, the recent navier-stokes stunt alone cost 10s of millions in a week, with little return for investors.

- much cheaper chinese models have been on their tails, as there are no fundamental advantage in their technology, competition erode profit, and give cloud services providers all the cuts.

- feds are likely going to raise interest rate due to high inflation, money would be harder to come by, even for them.

The tech lords are lying about their motive. The S curve on AI adoption is at 50% and they will only get another double from here.

So the LLM arms race needs to cool off a lot.

This is about survival and putting a fig leaf on it. But it won't stop the inevitable popping of the bubble. Too much supply, too little real demand. Sam loses money on every free user, and he has the most freeloaders because that is what he wanted.

We have to pause so LLMs don't get yo mama.