

had people understood from the start the limitations of it, investment would’ve been more modest and cautious
People did understand from the start. Those who do the investing just didn’t listen, or they had a different motive. These days it’s impossible to tell which.
And by “people” I’m not referring to random people, but those who have been closer than most to the development of these models. There has been an unbelievable amount of research done on everything from the effectiveness of specific models in niche fields to the ability to use an LLM as the backend for a production service. Again, no amount of negative feedback going up the chain has made a difference in the direction, so that only leaves a few explanations on why the investment continues to be so high.

In some cases, it appears to be the opposite: CEOs want to do mass layoffs, so they blame AI rather than taking accountability themselves. The Amazon layoffs reek of this.