Turns out throwing billions at GPUs doesn’t automatically mean everyone gets more done. Just 0.1 to 0.2 percentage points of additional annual productivity growth since early 2024.
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So we’re actively watching the droplets from the bubble fall around us
Much like the neutrino burst that are first detected in a supernova before the light from the shockwave.
I don’t know, the collapse of the Chinese AI companies this summer is a bit more of a sign.
My guess is this time next year we’ll be well into the burst.
