Investment giant Goldman Sachs published a research paper
Goldman Sachs researchers also say that
It's not a research paper; it's a report. They're not researchers; they're analysts at a bank. This may seem like a nit-pick, but journalists need to (re-)learn to carefully distinguish between the thing that scientists do and corporate R&D, even though we sometimes use the word "research" for both. The AI hype in particular has been absolutely terrible for this. Companies have learned that putting out AI "research" that's just them poking at their own product but dressed up in a science-lookin' paper leads to an avalanche of free press from lazy credulous morons gorging themselves on the hype. I've written about this problem a lot. For example, in this post, which is about how Google wrote a so-called paper about how their LLM does compared to doctors, only for the press to uncritically repeat (and embellish on) the results all over the internet. Had anyone in the press actually fucking bothered to read the paper critically, they would've noticed that it's actually junk science.
This article is a mess. Brief summary of the argument:
I think that this argument is sloppily made, but I'm going to read it generously for the purposes of this comment and focus on my single biggest disagreement: It misunderstands why LLMs are such a big deal under capitalism, because it misunderstands the interplay between technology and power. There is no such thing as a technological revolution. Revolutions happen within human institutions, and technologies change what is possible in the ongoing and continuous renegotiation of power within them. LLMs appear useful because we live under capitalism, and we think about technology within a capitalist framework. Their primary use case is to allow capitalists to exert more power over labor.
The author compares LLMs to machines in a factory, but machines produce things, and LLMs produce language. Most jobs involve producing language as a necessary byproduct of human collaboration. As a result, LLMs allow capitalists to discipline labor because they can "do" some enormous percentage of most jobs, if you think about human collaboration in the same way that you think about factories. The problem is that human language is not a modular widget that you can make with a machine. You can't automate away the communication within human collaboration.
So, I think that author makes a dangerous category error when they compare LLMs to factory machines. That is how capitalists want us to think of LLMs because it allows them to wield them as a threat to push wages down. That is their primary use case. Once you remove the capitalist/labor power dynamic, then LLMs lose much of their appeal and become just another example of for profit companies mining public goods for private profit. They're not a particularly special case, so I don't think that it requires the special treatment in the way that the author lays out, but I agree that companies shouldn't be allowed to do that.
I have a lot of other problems with this article, which can be found in my previous writing, if that interests you: