this post was submitted on 26 Oct 2024
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[–] [email protected] 5 points 1 month ago

Yeah, this is the "emperor has no clothes" reality that I keep bringing up with my friends who are still invested in the bubble (emotionally if not financially). The genAI/LLM tech stack defies the entire decades-long cost curve and investment thesis for computer technology. Up through the smartphone era, you bought in because you could get more utility for lower cost. What's being pushed now is higher-cost for dubious utility gains; it's just that some vendors are eating losses to hide the costs. (And of course the externalities get swept under the rug.)