The stupidest part of this is that we had some minor success with early weighted models and instead of asking “How can we make this work better on less powerful hardware?” we skipped right to “we should turn every atom in the solar system into comptronium!”
AI is now the biggest investment in all of US history as a percentage of GDP.
Datacenter construction is up, all other construction is down.
"AI Is Squeezing Out the Rest of the Stock Market," reported WSJ 2 days ago.
We basically bet the whole economy on the most optimistic visions panning out.