So, a few months ago China launched Deepseek and the narrative on US media was all "the fact they didn't have access to the latest Nvidia GPUs forced them to get creative and develop a model that is more efficient and cheaper".
Now the US is getting behind on "AI wars" because China has more energy for huge data centers?
How about the US get creative and develop LLMs that are actually useful and can work without sucking Gigafucks of electricity?
As a paid, captive squirrel, focusing on spinning my workout wheel and getting my nuts at the end of the day, I hate that AI is mostly a (very expensive) solution in search of a problem. I am being told "you must use AI, find a way to use it" but my AI successes are very few and mostly non-repeatable (my current AI use case is: "try it once for non-vital, not time-sensitive stuff, if at first you don't succeed, just give up, if you succeed, you saved some time for more important stuff").
If I try to think as a CEO or an entrepreneur, though, I sort of see where these people might be coming from. They see AI as the new "internet", something that for good or bad is getting ingrained in everything we do and that will cause your company to go bankrupt for trying too hard to do things "the new way" but also to quickly fade to irrelevance if you keep doing things in the same way.
It's easy, with the benefit of hindsight, to say now "haha, Blockbuster could have bought Netflix for $50 Millions and now they are out of business", but all these people who have seen it happen are seeing AI as the new disruptive technology that can spell great success or complete doom for their current businesses. All hype? Maybe. But if I was a CEO I'd be probably sweating too (and having a couple of VPs at my company wipe up the sweat with dollar bills)