The LLMs have reached a plateau. Successive generations will be marginally better.
We're watching innovation move into the use and application of LLMs.
We're watching innovation move into the use and application of LLMs.
So even if the plateau is real (which I doubt given the pace of new releases and things like AlphaEvolve) and we'd only expect small fundamental improvements some "better applications" could still mean a lot of untapped potential.
We'll continue to see incremental improvements as training sets, weights, size, and compute improve. But they're incremental.