334 karma · joined August 7, 2012
>TSMC’s new Arizona plant is already comparable with those in Taiwan when it comes to the measure of yield — the amount of good chips a production run produces per batch — Su told the audience at the forum.
Intel's fab would be doing much better if it spun it out a while ago and was making Intel, Nvidia, and Apple chips right now.
Sure, LLMs might create slop on novel problems, but a non-tech company that needs to "create a new CRUD route" and an accompanying form, LLMs are smart enough.
So even if LLM's aren't directly passing a vector to the search engine, my assumption is that the search engine is converting to a vector and searching.
"You interact with embeddings every time you complete a Google Search" from https://cloud.google.com/vertex-ai/generative-ai/docs/embedd...
I think your whole argument is based on this being true, but you didn't give much argument about why there is no ROI. 400M USD isn't hard to generate...even a moderate ad engagement lift on X would generate ROI and that's just 1 customer.
Imagine going back in time and showing every VC how great the search business will be in 20-30 years. The only rational response would be to make giant bets on 20 different Googles...and I think that's what's happening. These all seem like rational investments to me.
If your goal is to create an enduring product that will slowly grow revenue and be around forever, then you're probably not backed by VCs or private equity, or you have a cash machine (google search, etc).
The reality is that some businesses shouldn't take VC money and shouldn't get so big. Maybe a wiki farm should just be a wiki farm profitably run by 5 friends or something.