The difference now is that they've hit the "good enough" point. LLMs are a tool, and that tool is useful but not incredibly valuable unto itself.
To make a manufacturing analogy - ChatGPT was a manual machining mill, and in the years after we've gone from that to a 3-axis CNC mill. Now we've added a 4th and 5th axis, which is great for the 2% of parts that need that functionality. But the big win was that initial jump from manual control to CNC. Why would I pay an extra $2 million for my CNC machine when I could just design my parts to be simpler to produce instead? The AI labs are trying to make these incredibly complex tools, but the market doesn't want/need them so they're competing on price for the tools that people do use. By selling their metaphorical CNC machines for half of what they cost to produce.
Oh, and we've bet the entire economy on the hope that fancier CNC machines will magically solve all our problems in all industries, from healthcare to the legal system.
So - will AI progress continue to improve? Sure. Will we continue lighting money on fire in order to make it happen? That remains to be seen.
To make a manufacturing analogy - ChatGPT was a manual machining mill, and in the years after we've gone from that to a 3-axis CNC mill. Now we've added a 4th and 5th axis, which is great for the 2% of parts that need that functionality. But the big win was that initial jump from manual control to CNC. Why would I pay an extra $2 million for my CNC machine when I could just design my parts to be simpler to produce instead? The AI labs are trying to make these incredibly complex tools, but the market doesn't want/need them so they're competing on price for the tools that people do use. By selling their metaphorical CNC machines for half of what they cost to produce.
Oh, and we've bet the entire economy on the hope that fancier CNC machines will magically solve all our problems in all industries, from healthcare to the legal system.
So - will AI progress continue to improve? Sure. Will we continue lighting money on fire in order to make it happen? That remains to be seen.