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TLDR: AI progress will continue. Scaling laws, formally, may or may not, but that doesn't matter commercially. What matters is ROI: are lifecycle costs of AI worth it? That's hard to measure and predict. Even in the worst case, though, I think we're in for decades of innovation.
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No reason to doubt where? In some domains there's reasons to doubt: arxiv.org/abs/2411.02796
arxiv.orgSpecialized Foundation Models Struggle to Beat Supervised BaselinesFollowing its success for vision and text, the "foundation model" (FM) paradigm -- pretraining large models on massive data, then fine-tuning on target tasks -- has rapidly expanded to domains in the ...