Since AI isn't meaningfully involved in designing new AI yet (unsure if it will be), I'm not convinced we're on an S-curve let alone an exponential curve. It s

Since AI isn't meaningfully involved in designing new AI yet (unsure if it will be), I'm not convinced we're on an S-curve let alone an exponential curve. It seems closer to this: https://xkcd.com/605/ https://xkcd.com/605/ I'll concede there have been large breakthroughs, but to extrapolate from that there will be even larger breakthroughs (without a really solid account of why that would be) seems very sketchy. I get that the people who are trying to sell the idea to investors are pitching this line, but applying a modicum of critical thinking, that's relatively rarely how things work. Returns tend to diminish with the amount of effort put in, not exponentially increase.