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.
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.
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.