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Tech investors bet on AI despite fundamental economic doubts

Critic argues AI scaling bet is mathematically doomed

1 Sep 14 4:53 PM · 13d ago · 1 post · 1 source · development 1 of 3

FantasticalEconomics posts that Silicon Valley and Wall Street backers have wagered the global economy on scaling LLMs into AGI, but argues this is a losing bet because large language models are mathematically guaranteed to produce plausible-sounding errors, and increased water and energy consumption yields only marginal improvements.

“A handful of bros in Silicon Valley and Wall Street have wagered much of the global economy on being able to hyperscale stochastic parrots into AGI super beings.”

FantasticalEconomics

FantasticalEconomics AI economics criticbrucelawson@vivaldi.net Technology observerisotopp@infosec.exchange Technologist

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Peak 2 pieces in 3h at Sep 15, 1 AM; 3 pieces over 13 days (3 posts) Sep 14, 4 PM — 1 piece · 1 post — Mastodon 1Sep 14, 7 PM — quietSep 14, 10 PM — quietSep 15, 1 AM — 2 pieces · 2 posts — Mastodon 2Sep 15, 4 AM — quietSep 15, 7 AM — quietSep 15, 10 AM — quietSep 15, 1 PM — quietSep 15, 4 PM — quietSep 15, 7 PM — quietSep 15, 10 PM — quietSep 16, 1 AM — quietSep 16, 4 AM — quietSep 16, 7 AM — quietSep 16, 10 AM — quietSep 16, 1 PM — quietSep 16, 4 PM — quietSep 16, 7 PM — quietSep 16, 10 PM — quietSep 17, 1 AM — quietSep 17, 4 AM — quietSep 17, 7 AM — quietSep 17, 10 AM — quietSep 17, 1 PM — quietSep 17, 4 PM — quietSep 17, 7 PM — quietSep 17, 10 PM — quietSep 18, 1 AM — quietSep 18, 4 AM — quietSep 18, 7 AM — quietSep 18, 10 AM — quietSep 18, 1 PM — quietSep 18, 4 PM — quietSep 18, 7 PM — quietSep 18, 10 PM — quietSep 19, 1 AM — quietSep 19, 4 AM — quietSep 19, 7 AM — quietSep 19, 10 AM — quietSep 19, 1 PM — quietSep 19, 4 PM — quietSep 19, 7 PM — quietSep 19, 10 PM — quietSep 20, 1 AM — quietSep 20, 4 AM — quietSep 20, 7 AM — quietSep 20, 10 AM — quietSep 20, 1 PM — quietSep 20, 4 PM — quietSep 20, 7 PM — quietSep 20, 10 PM — quietSep 21, 1 AM — quietSep 21, 4 AM — quietSep 21, 7 AM — quietSep 21, 10 AM — quietSep 21, 1 PM — quietSep 21, 4 PM — quietSep 21, 7 PM — quietSep 21, 10 PM — quietSep 22, 1 AM — quietSep 22, 4 AM — quietSep 22, 7 AM — quietSep 22, 10 AM — quietSep 22, 1 PM — quietSep 22, 4 PM — quietSep 22, 7 PM — quietSep 22, 10 PM — quietSep 23, 1 AM — quietSep 23, 4 AM — quietSep 23, 7 AM — quietSep 23, 10 AM — quietSep 23, 1 PM — quietSep 23, 4 PM — quietSep 23, 7 PM — quietSep 23, 10 PM — quietSep 24, 1 AM — quietSep 24, 4 AM — quietSep 24, 7 AM — quietSep 24, 10 AM — quietSep 24, 1 PM — quietSep 24, 4 PM — quietSep 24, 7 PM — quietSep 24, 10 PM — quietSep 25, 1 AM — quietSep 25, 4 AM — quietSep 25, 7 AM — quietSep 25, 10 AM — quietSep 25, 1 PM — quietSep 25, 4 PM — quietSep 25, 7 PM — quietSep 25, 10 PM — quietSep 26, 1 AM — quietSep 26, 4 AM — quietSep 26, 7 AM — quietSep 26, 10 AM — quietSep 26, 1 PM — quietSep 26, 4 PM — quietSep 26, 7 PM — quietSep 26, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quiet 1–3
1–3Critic argues AI scaling bet is…
Sep 15Sep 16Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26now · 1:14 AM ET

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