Except the models don’t actually compute anything other than text generation. The entire way they interact with computers is through the shell or other api layers on the OS
The issue isn't it's usefulness in small transactions. The issue is who decides. In the case of gold a huge distributed system decides the valuation of Gold. Yes we usually use USD as the comparator. But there is a Gold:RealEstate ratio, Gold:Oil Ratio, Gold:Bread ratio. No single or small number of actors can change that in a meaningful/reliable way.[1] Whereas USD can, and has been, printed at an exponential rate.
[1] -(Let's exclude intentional market manipulations like if a world leader were to buy a bunch of gold and then saber rattle to drive up fear).
An LLM is an algorithm. You can obtain the same result as a SOTA LLM via pen and paper it will take a lot of long laborious effort. That's ONE reason why LLM's do not have cognition.
Also they don't reason, or think or any of the other myriad nonsense attributed to LLM's. I hate the platitudes given to LLM's it's at PHD level. It's now able to answer math olympiad questions. It answers them by statistical pattern recognition!
A brain is an algorithm. Given an unreasonably precise graph of neurons, neurotransmitter levels at each junction, and so on and so forth, one could obtain the same result via pen and paper. It will just take a lot of long laborious effort. That’s ONE reason why brains do not have cognition.
reply