5th May 2025
Two things can be true simultaneously: (a) LLM provider cost economics are too negative to return positive ROI to investors, and (b) LLMs are useful for solving problems that are meaningful and high impact, albeit not to the AGI hype that would justify point (a). This particular combination creates a frustrating gray area that requires a nuance that an ideologically split social media can no longer support gracefully. [...]
OpenAI collapsing would not cause the end of LLMs, because LLMs are useful today and there will always be a nonzero market demand for them: it’s a bell that can’t be unrung.
Recent articles
- Thoughts on OpenAI acquiring Astral and uv/ruff/ty - 19th March 2026
- GPT-5.4 mini and GPT-5.4 nano, which can describe 76,000 photos for $52 - 17th March 2026
- My fireside chat about agentic engineering at the Pragmatic Summit - 14th March 2026