> Someone in power doesn’t get to choose - the board of directors do. Who’s job is to act in the best interest of shareholders.
Alas, shareholder value is a great ideal, but it tends to be honoured in practice rather less strictly.
As you can also see when sudden competition leads to rounds of efficiency improvements, cost cutting and product enhancements: even without competition, a penny saved is a penny earned for shareholders. But only when fierce competition threatens to put managers' jobs at risk, do they really kick into overdrive.
Since the majority shareholder(s) can decide to replace the board of directors, it’s not the board of directors who holds the (ultimate) power, it’s the majority shareholder(s).
LLM’s are capable of searching information spaces and generating some outputs that one can use to do their job.
But it’s not taking anyone’s job, ever. People are not bots, a lot of the work they do is tacit and goes well beyond the capabilities and abilities of llm’s.
Many tech firms are essentially mature and are currently using too much labour. This will lead to a natural cycle of lay offs if they cannot figure out projects to allocate the surplus labour. This is normal and healthy - only a deluded economist believes in ‘perfect’ stuff.
The bigger point of focus is that the enterprise value accrues to assets associated with software production.
What happened to all that nonsense about LLM’s solving physics, science etc? Lmao that certainly is not happening.
The natural home of LLM’s is in relation to software production.
The question is can Anthropic and OAI survive? If OAI can’t make their entry into the ad business work then they will fight over the same territory. Meaning both of their chances of survival drop as Google who is a monster in relation to software production will not only seek to kill them but buy their GPU’s at a discounted price.
What’s so special about the harness - why wouldn’t others be able to replicate it?