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> The author, for whatever reason, views it as a foregone conclusion that every dollar spent in this way is a waste of time and resources

This is a strawman, the author at no point says that “every dollar is a waste.”

He quite literally says that the dollars spent on scaling LLMs in the past few years are a waste.

Yes and you’re portraying it as “every dollar was wasted” and then arguing against that exaggerated claim which was never made.