> we collectively spent hundred of billions on it Remember the Metaverse? We are talking about entities that can burn billions on speculative projects and it i

> we collectively spent hundred of billions on it Remember the Metaverse? We are talking about entities that can burn billions on speculative projects and it is just a rounding error on quarterly profits. Let alone that frequently the outlay is in-part recovered via the various "sell shovels in a gold rush" strategies. This is what total stranglehold of a critical sector helps with. Inefficiency of capital allocation at interplanetary scale - but that's another story. LLM's might be new but the ML/AI type of efficiency/productivity argument is decades old. The domains where it leads to "gains" are generally when the org deploying algos manages not to be held responsible for the externalities unleashed.