Yep, agreed. I'm pretty skeptical of the scaling hypothesis, but I also think there is a huge amount of efficiency improvement runway left to go. I think it's

Yep, agreed. I'm pretty skeptical of the scaling hypothesis, but I also think there is a huge amount of efficiency improvement runway left to go. I think it's more likely that the return to further scaling will become net negative at some point, and then the efficiency gains will no longer be focused on doing more with more but rather doing the same amount with less. But it's definitely an unknown at this point, from my perspective. I may be very wrong about that.