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They might be using the GPUs, but is that use providing real value? You can run a while loop and max out any processor.

And, well, nobody knows if it is providing real value. We know it's doing something and has some value WE attached to it. We don't know what the real value is, we're just speculating.

I suppose we could use a few pennies to hire some security guards to protect the filled holes.

Now we’re creating jobs!

99% of code I generated using genAI served no purpose at the end of the day

Ok. Maybe use it better? Or don't use it at all. Doesn't mean it's not being used to some end, unlike a hole.

Keep in mind also that the models are going to continue improving, if only on cost. Just a significant cost reduction allows for more "thinking" mode use.

Most of the reports about how useless LLMs are were from older models being used by people that don't know how to use LLMs. I'm not someone that thinks they're perfect or even great yet, but their not dirt.