AI and the Core Feature of the Silicon Valley Economy

Originally published at: AI and the Core Feature of the Silicon Valley Economy - TPM – Talking Points Memo

As we have this on-going discussion about AI, I want to return to the question of scale and externalities and how they are the defining feature of the Silicon Valley economy. We can’t make any sense of today’s discussion of LLMs and AI without placing it in that context. “Externalities” are all the byproducts and…