With LLMs not only do we see massive increases in overhead costs due to the training process necessary to build a usable model, each request that gets sent has a higher cost. This changes the scaling logic in ways that don’t appear to be getting priced in or planned for in discussions of the glorious AI technocapital future
This is a very important point, I believe. I find it particularly ironic that the "traditional" Internet was fairly efficient in particular because many people were shown more or less the same content, and this fact also made it easier to carry out a certain degree of quality assurance. Now with chatbots, all this is being thrown overboard and extreme inefficiencies are being created, and apparently, the AI hypemongers are largely ignoring that.