This argument neglects improvements in speed and capability right? Even if parallel labor and compute are complements, shouldn’t we expect it is possible for increased speed or capabilities to substitute for compute? (It just isn’t possible for AI companies to buy much of this.)
(I’m not claiming this is the biggest problem with this analysis, just noting that it is a problem.)
This argument neglects improvements in speed and capability right? Even if parallel labor and compute are complements, shouldn’t we expect it is possible for increased speed or capabilities to substitute for compute? (It just isn’t possible for AI companies to buy much of this.)
(I’m not claiming this is the biggest problem with this analysis, just noting that it is a problem.)
Yep. We are treating L as homogenous (no differentiation in skill, speed, etc.) I’m interested in thinking about quality differentiation a bit more.