LLMs are compared to a 400-year-long confidence trick, rooted in the historical development of mechanical calculators and trust in machine accuracy.
The con stages involve building trust (through centuries of reliance on machines), exploiting emotions (fear of job loss, flattery from RLHF), and creating a false urgency to adopt LLMs.
Despite promises of intelligence, LLMs are not truly intelligent, and 95% of AI projects fail to provide ROI, highlighting the gap between hype and reality.