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I appreciate the candid analysis, but perhaps “nothing to see here” (my paraphrase) is only one part of the story. The other part is that there is genuine innovation and new things within reach that were not possible before. For example, personalized learning–the dream of giving a tutor to each child, so we can overcome Bloom’s 2 Sigma Problem–is far more likely with LLMs in the picture than before. It isn’t a panacea, but it is certainly more useful than cryptocurrency kept promising to be IMO.
https://en.wikipedia.org/wiki/Coffee_bean