The gold rush is over because pre-trained models don't improve as much anymore. The application layer has massive gains in cost-to-value performance. We also ga

The gold rush is over because pre-trained models don't improve as much anymore. The application layer has massive gains in cost-to-value performance. We also gain more trust from the consumer as models don't hallucinate as much. This is what DeepSeek R1 has shown us. As Ilya Sutskever said, pre-training is now over. We now have very expensive Nvidia shovels that use a lot of power but do very little improvement to the models.