I thought this was going to be a quick summary but it's actually the realest take on AI I've seen come out of an actual tech news outlet so far. It's hard to pick a favorite part, but here's mine.

(This vulture's cynical suspicion was that very large models only became feasible after the industry realized that blockchains are hugely wasteful, horribly slow, and will never facilitate any online business except crime. What else can you do with those newly idle server farms? Run transformer models on them!)

[Extremely correct buzzer sound]

Not even putting this under headlines, it's just straight up a good read.