Federal Reserve Chairman Jerome Powell has already sounded alarms regarding this course. "The nation must return to fostering economic growth sufficient to match outlays," Powell stated during a Harvard University dialogue this week. "The outcome will be unfavorable if we don't act relatively quickly," he cautioned, alluding to the expansion pace of the $39 trillion debt and yearly shortfalls.
And for those of us who never want to touch LLMs, there will be domains where LLMs never make any inroads. My friends who work on low-level multimedia systems have found less success using LLMs compared to those who build webapps. This is likely to be the case for many years to come. Eventually, those jobs will transform, too, but it will be a far slower shift.
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