Earlier quoted context omitted.
> I think we are in the middle of a steep S-curve of technology innovation We are? What innovation? What do we need innovation for ? What present societal problems can tech innovation possibly address? Surely none of the big ones, right? So then is it fit to call technological change - 'innovation'? I'd agree that LLMs improve upon having to read Wikipedia for topics I'm interested in but would investing billions in…
One of Google's founding goals was "organizing human knowledge" IIRC. They ended up being an ad company.
An ad is just a piece of data (eg Bob is selling shovels for $10 + shipping), with the additional metadata that someone really wants you to see it (eg Bob paid Google $100 to tell every person who searched for "shovels" that he's selling shovels for $10 + shipping).
Selling ads is organizing human knowledge.
Yes, you could argue using a market system is not the best way to do this, but it is a way to do it.