Recent AI model progress feels mostly like bullshit

It’s not even approaching the asymptotic line of promises made at any achievable rate for the amount of cash being thrown at it.

Where’s the business model? Suck investors dry at the start of a financial collapse? Yeah that’s going to end well…

> where’s the business model?

For who? Nvidia sell GPUs, OpenAI and co sell proprietary models and API access, and the startups resell GPT and Claude with custom prompts. Each one is hoping that the layer above has a breakthrough that makes their current spend viable.

If they do, then you don’t want to be left behind, because _everything_ changes. It probably won’t, but it might.

That’s the business model

That’s not a business model, it’s a pipe dream.

This bubble will be burst by the Trump tariffs and the end of the zirp era. When inflation and a recession hit together hope and dream business models and valuations no longer work.

Which one? Nvidia are doing pretty ok selling GPU's, and OpenAI and Anthropic are doing ok selling their models. They're not _viable_ business models, but they could be.

NVDA will crash when the AI bubble implodes, and none of those Generative AI companies are actually making money, nor will they. They have already hit limiting returns in LLM improvements after staggering investments and it is clear are nowhere near general intelligence.