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by edzitron 682 days ago
I think you are misunderstanding my point, and perhaps I should've worded it more-precisely"

"Mass market utility" here refers to its ability to sell at the scale it would need to substantiate its costs. As it stands, LLMs do not have mass-market utility at the scale that they need to substantiate their costs. It is really that simple. If they did, these companies would be profitable, and they would be having a meaningful effect on productivity, which they are not.

See page 4 of this report from Daron Acemoglu of MIT: https://www.goldmansachs.com/images/migrated/insights/pages/...