Ugh we still don't know if this is true and it's nearly impossible to calculate without a full understanding of the real CAPEX cycle. Stop spreading these rumors until we know for sure.
Building the LLM that could do this work in 11 days cost multi billions.
The economics probably only make sense if LLMs prove to be a benefit to almost everyone in a way we can all accept.
Otherwise this cost a lot more than we’d otherwise pay. It was incredibly fast though. But we all know: cost, speed, quality. Pick two.
It's like having new solar panels installed every week. Sure you're "profitable" on the $0.20/kWh you're selling your "free" energy at when you ignore the cost of the solar panels you're buying every week.
Basically there was a choice between taking the money, and growing. They chose growth.
The US doesn't pay too much to healthcare, they pay too much to health insurance. Too much for too little value
Spending on health insurance is spending on health care.. Americans want free healthcare but no tax bump so health insurance is a compromise.. when even just ACA was passed and premiums increased, democrats got destroyed at midterms so Americans might be living in la la land.
I see funding of chatgpt as one of small part of a history where governments and industry fund basic science and moonshot programs, not to generate revenue, but to explore what is possible.
LLM funding is not aimed at improving our understanding of the world, it's aimed at making people reliant so that they may extract wealth through subscriptions for shareholders.
Americans don't get good healthcare and education because that's what they vote for, in elections and wallets. I am hopeful that that changes, but we shall see.