Pontificating on what actual profit will be generated by LLM companies is fair game, but reaching a conclusion that LLMs have no mass market utility is blisteringly insane. I could easily measure the increase in value I alone have had from using them in the tens of thousands of dollars.

It's more plausible for me that we will see a notable productivity increase in a lot of sectors of the economy over the next decade. Part of me wonders if this is an additional reason why the Russell 2000 has been spiking lately (investors concluding that there is more money to be made from the general productivity increases in the wider economy than the tech companies providing the LLMs that don't seem to possess any monopolies on the technology), but this is just my speculation.