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How much is the cure/treatment for Parkinson’s worth? Or other intractable medical problems?

What about a device able to manipulate the containment field of a fusion reactor?

These are the reasons why everyone is buying the compute services - there are dozens of moonshot-grade problems that are suddenly possible to attempt. Many will fail, but whoever gets that one success will gain astronomical benefit.

LLMs aren’t gonna give us any of those things. Thats just snake oil.

I believe at most, coding, scripting, and text processing.

Exactly, there’s a few specific use cases that the current generative AI is good at. Reading medical imagingand medication development are things I’d add to your list.

However, outside of those specific tasks AI is not particularly useful. An incremental improvement in productivity in some cases.

Medical imaging and medication development would be bespoke models no? Not standard LLMs?