Fuck AI

My favorite quote from this article:

I realize this is a big, serious newsletter, where I write serious financial analysis, but I am so, so tired of this bullshit. Nearly a trillion dollars promised over four fucking years, and everybody is walking around saying “yeah, sure, sounds fine to me” as if there’s even enough money in the world to support it.

That would already be ridiculous and fantastical, but then you add that all of this is in pursuit of making more LLMs. There is no innovation here, no magic, fuck, there’s barely even a future associated with this, just more growth, more GPUs, more data centers…and for what? So more people can use ChatGPT to do… something that OpenAI can’t explain, and neither can anyone else?

No, really, putting aside the money — why are we doing this? To what end? What is the endpoint of all this capital? What is the point of making these data centers?