Model capabilities are not plateauing; in fact, they are improving exponentially. I believe people struggle to grasp how AI works and how it differs from other technologies we invented. Our brains tend to think linearly; that's why we see AI as an "app." With AI (ASI), everything accelerates. There will be no concept of an "app" in ASI world.
Hype. We were already plateauing with next token prediction and letting the models think out loud has simply pushed the frontier a little bit in purely test-taking domains.
Can you give examples? From gpt-4 came out in 2023 and since then nothing similar to (3.5 to 4 or 2 to 3) has come out. It has been 2 years now. All signs point towards OpenAI struggling to get improvements from its llms. The new releases have been minor since 2023
Money is not cheap anymore and OpenAI costs a lot to run. The longer it takes between impactful releases, the harder it gets for OpenAi to raise money especially in the face of significant competition both nationally, in the open source world and from China
They are absolutely not improving exponentially, by any metric. This is a completely absurd claim. I don’t think you understand what exponential means.