How to use computing power faster: on the weird economics of semiconductors and GenAI | Gauthier Roussilhe
Very interesting flywheel issues here I hadn't considered beyond justifying capital expenses.
Today, fundamental model providers such as OpenAI, Anthropic, and Microsoft are in a position equivalent to that of Microsoft in the 1990s and 2000s. They are now responsible for ensuring that all the computing power brought to market each year is consumed.