From various online estimates, i would estimate global ai spend just since 2020 at $2T. Some projections estimate that we might spend that per year starting next year. To the extent that many of these projects will be cancelled or shelved, capital is beginning to take stock of the feasibility of clawing back even the original investments. openai is apparently doubling its staff, but whether these are sales or (prompt?) engineering jobs, the biggest hypemongers are themselves unable to reduce headcount even with unlimited "at-cost" ai inference.
Comparing total ai spend to the value added of producing a few new maths/sciences proofs is unfair since ai is doing more than maths proofs, but for comparison one can estimate the total spent to date on mathematicians and associated costs (buildings, experiments etc). I would very roughly estimate that the total cost of all mathematics to date since 1600 is less than what we've spent on ai to date, and the results from investment in mathematicians are incomparable to a few derivative extensions of well-established ideas. For less than a few trillion we have all of mathematics. For an additional 2T dollars, we have trivial advancements that no one really cares about.
alt Hacker News
From various online estimates, i would estimate global ai spend just since 2020 at $2T. Some projections estimate that we might spend that per year starting next year. To the extent that many of these projects will be cancelled or shelved, capital is beginning to take stock of the feasibility of clawing back even the original investments. openai is apparently doubling its staff, but whether these are sales or (prompt?) engineering jobs, the biggest hypemongers are themselves unable to reduce headcount even with unlimited "at-cost" ai inference.
Comparing total ai spend to the value added of producing a few new maths/sciences proofs is unfair since ai is doing more than maths proofs, but for comparison one can estimate the total spent to date on mathematicians and associated costs (buildings, experiments etc). I would very roughly estimate that the total cost of all mathematics to date since 1600 is less than what we've spent on ai to date, and the results from investment in mathematicians are incomparable to a few derivative extensions of well-established ideas. For less than a few trillion we have all of mathematics. For an additional 2T dollars, we have trivial advancements that no one really cares about.