Enjoyed the article. To play devil’s advocate, an entirely different explanation for why huge models work: the primary insight was framing the problem as next-word prediction. This immediately creates an internet-scale dataset with trillions of labeled examples, which also has rich enough structure to make huge expressiveness useful. LLMs don’t disprove bias-variance tradeoff; we just found a lot more data and the GP…
Why does 'next-word prediction' explain why huge models work? You saying we needed scale, and saying we use next-word prediction, but how does one relate to the other? Diffusion models also exist and work well for images, and they do seem to work for LLMs too.
The leap is in transforming an ill-defined objective of "modeling intelligence" into a concrete proxy objective. Note that the task isn't even "distribution set of valid/true things", since validity/truth is hard to define. It's something akin to "distribution of things a human might say" implemented in the "dumbest" possible way of "modeling the distribution of humanity's collective textual output".