I think they could significantly lower their costs if they turn their focus away from the race to “AGI.” But, their valuations don’t really make sense unless investors believe they will achieve AGI.
I was there when the “Neural Networks” idea started. They thought they could program NNs to achieve AGI. Now they think they can do it with LLMs. But LLMs are just parrots with a large dictionary. They won’t reach that point, either. An LLM is way too much rooted in words to be able to think.
I think they could significantly lower their costs if they turn their focus away from the race to “AGI.” But, their valuations don’t really make sense unless investors believe they will achieve AGI.
I was there when the “Neural Networks” idea started. They thought they could program NNs to achieve AGI. Now they think they can do it with LLMs. But LLMs are just parrots with a large dictionary. They won’t reach that point, either. An LLM is way too much rooted in words to be able to think.