> When do you expect that impact? I think the models seem smarter than their economic impact would imply. > Yeah. This is one of the very confusing things about the models right now. As someone who's been integrating "AI" and algorithms into people's workflows for twenty years, the answer is actually simple. It takes time to figure out how exactly to use these tools, and integrate them into existing tooling and workf…
Calling LLMs "AI" makes them sound much more futuristic and capable than they actually are, and being such a meaningless term invites extrapolation to equally meaningless terms like AGI and visions of human-level capability.
Let's call LLMs what they are - language models - tools for language-based task automation.
Of course we eventually will do this. Fuzzy meaningless names like AI/AGI will always be reserved for the cutting edge technology du jour, and older tech that is realized in hindsight to be much more limited will revert to being called by more specific names such as "expert system", "language model", etc.