The idea that the trillions are a waste is not exactly fresh. The economic model is still not clear. Alarmists have been shrill and omnipresent. Bankruptcy might be the future of everyone.
But, will we look up one day and say, “Ah never mind” about GPT, Claude, et al? Fat chance. Will no one find a use for a ton of extra compute? I’m pretty sure.
I don’t much dispute any of the facts I skimmed off the article but the conclusion is dumb.