Paul Kedrosky critiques AI progress and capital efficiency. He argues model intelligence gains have slowed to 5-6% annually. Training returns have declined significantly, challenging AI bull thesis.
https://www.tftc.io/ai-capex-treadmill-kedrosky-first-lab-to-stop-training-wins
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https://www.tftc.io/ai-capex-treadmill-kedrosky-first-lab-to-stop-training-wins
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#ai #intelligence #economics #training
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