Tinygrad's founder rejects AI doom as a valuation pitch
George Hotz says he loves LLMs and coding agents, but argues frontier labs are selling fear to defend value capture.
By Ryan Merket · Published
Primary source: the singularity is nearer
Why it matters
Hotz is arguing from the builder side of AI that the industry's central fight is value capture: frontier labs may create real technology while open models, cheaper compute, and better tooling compress their pricing power.
George Hotz (@realgeorgehotz) published a July 12th blog post that reads like an intervention from inside the AI builder class: LLMs are useful, coding agents are improving, self-driving cars are real progress, and the industry is still over-selling doom because doom helps justify frontier-lab valuations.…