Inference keeps getting cheaper. "Good enough" is a pretty low bar.

Why wouldn't you include training? Training is vital to their product.

That's still a ton when you consider how much professional users are spending.

They're playing all kinds of games with the numbers right now. They're trying to IPO so hiding costs under other headings outside the core business. Don't trust what they openly state. It's far worse.

I’m fairly certain these numbers are made up. Additionally, I’m betting those numbers include investment dollars, as opposed to paid revenue.

You literally said “replace all human labor” though.

My honest problem with AI is the hallucinations.

They've been shown to be a mathematical inevitability, and that means everything they ever make must be fully reviewed.

And that's antithetical to everything I've known about computers in my career.

The entire reason why computers are so useful and reliable is because, until now, they always produce the same outputs given the same inputs.

One of the AI agents I've interacted with was in a GPS monitoring system for fleet vehicles. I was a supervisor of technicians, and I got a report that a company truck with license plate [X] ran a stop sign.

They replaced their standard search function with an AI bot, so I asked it which vehicle in the fleet had license plate [X]. And it confidently responded with a vehicle that didn't have that license plate.

A standard search function, comparing an input to database values for vehicles wouldn't have that problem. And that's why I'm so sure this is a bubble and not a major technological market disruption.

Jobs have already been affected, yes. Not "adequately" done in lieu of a human, though.

And it still takes a human to steer the things.