Strong agree here. You hit on a lot of the core issues on LLMs, so I’ll say my opinions on the economic aspects.
It’s been more than a year since chatGPT released this plague of “slap AI on the product and consumers will put their children down for collateral to buy!” which imo we haven’t seen whatsoever. Investors still have a hard-on for the term AI that goes into the stratosphere but even that is starting to change a little.
Consumers level of AI distrust has risen considerably and consumers have seen past the hype. Wrapping this back around to the CEOs level of power, I just don’t think LLMs are actually going to have enough marketability for general consumers to become juggernaut corpos.
LLMs absolutely have use cases but they don’t fit into most consumer products. No one wants AI washers or rice cookers or friggin AI spoons and shoehorning them in decreases interest in the product.