#Anthropic's IPO is sold on the basis that their ordinarily ridiculous level of spending is rational because, they expec...

#Anthropic's IPO is sold on the basis that their ordinarily ridiculous level of spending is rational because, they expect AI to improve "exponentially".But if AI were to improve exponentially you would not need all those extra processors or data centers, because AI would be getting more efficient and more capable much faster than incremental compute improvements costing many billions.So AI is not yet improving exponentially and there's no reason to expect #LLM tech can do so, let alone will.