We see massive initial growth followed by a slowdown constantly.

There is zero reason to think AI is some exception that will continue to exponentially improve without limit. We already seem to be at the point of diminishing returns. Sinking absurd amounts of money and resources to train models that show incremental improvements.

To get this far they have had to spend hundreds of billions and have used up the majority of the data they have access to. We are at the point of trying to train AI on generated data and hoping that it doesn’t just cause the entire thing degrade.