This really drives home something about LLM systems. They’re very expensive to run, both to train and per-query, and hard to make cheaper. I expect them to get more expensive to run. They’re currently sold at a big loss to establish monopoly power and then raise prices dramatically. That’s the *stated* business plan.

If you’re building your business to rely on LLM, you need to factor in what you‘ll do when they pivot to making money, or they pull back because they can’t.
https://geeknews.chat/@theregister/112116266764229145

The Register (@[email protected])

Microsoft promises Copilot will be a 'moneymaker' in the long term Exec tells investors to 'temper' expectations as mission to convince customers of price tag continues Microsoft is asking investors to "temper" expectations for quick financial returns from Copilot amid efforts to convince customers that paying "substantial" sums each month is actually worth it.… #theregister #IT https://go.theregister.com/feed/www.theregister.com/2024/03/18/microsoft_copilot_moneymaker/

Geek News Central Mastodon Chat
@cocoaphony @nicklockwood @theregister I find the technology fascinating, but it seems likely that when the hype wears off and the realization that “human-level” performance, especially as it relates to actual understanding, common sense and baseline reliability, is in fact not reachable with current stochastic parrot machine learning, the entire market is going to collapse.
@frankreiff @cocoaphony @nicklockwood @theregister This is another aspect of it, lots of companies/executives want to believe they can totally replace humans with it, but they can’t and they are going to find out the hard way. That realization and the price jack-up will hit them at the same time.

@MisuseCase @frankreiff @cocoaphony @nicklockwood @theregister

"That realization and the price jack-up will hit them at the same time."

But the realization won't ever hit them. The bosses are corporate managers. The thing they hate the most is paying salaries. They'll do anything for even the slightest hope they don't have to pay actual people. So they'll never realize they've been scammed.

This round of AI stupidity is going to last way longer than you think.

@djl @frankreiff @cocoaphony @nicklockwood @theregister Do you remember the thing about the Air Canada AI chatbot that told someone about a refund policy that Air Canada didn’t actually have, and he sued over it and the court said Air Canada had to honor the policy so Air Canada ended up forking over money to him?

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@djl @frankreiff @cocoaphony @nicklockwood @theregister I think a lot of that kind of stuff is going to happen. And poor implementation of AI will unfortunately get some people killed, with huge monetary and reputational costs for companies because people are already suspicious of AI and won’t buy “it’s not our fault the computer did it.”

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