Earlier quoted context omitted.
Could you please expand on your point about expanding scopes? I am waiting earnestly for all the cheaper services that these expansions promise. You know cheaper white-collar-services like accounting, tax, and healthcare etc. The last reports saw accelerating service inflation. Someone is lying. Please tell me who.
Hence why I said potential applications. Each new generation of models is capable, according to evaluations, of doing things that previous models couldn't that prima facie have potential commercial applications (e.g., because they are similar to things that humans get paid to do today). Not all of them will necessarily work out commercially at that capability level; that's what the Gartner hype cycle is about. But be…
As capital allocators, we can just keep threatening the worker class with replacing their jobs with LLMs to keep the wages low and have some fun playing monopoly in the meantime. Also, we get to hire these super smart AI researchers people (aka the smartest and most valuable minds in the world) and hold the greatest trophies. We win. End of story.