LLM utility is exponential with increased LLM capability. Even if improvements to LLMs slow down their impact will continue to increase. And there is no evidence LLMs are slowing down. In fact improvements still seem to be accelerating.

You like these evocative words that imbue one with a feeling of "vroom" and "whoosh", like "exponential" and "accelerating", don't you?

But arithmetically speaking, is any of that true? Is model progress truly "accelerating"? How can you compare the delta from GPT-2 to GPT-3 with the delta from GPT-5 to GPT-6 with no sense of irony? And, at the risk of being quite blunt, do you know the meaning of the term "exponential"?