Alan Greenspan coined “irrational exuberance” to describe investors driving asset prices beyond what fundamentals justified. What’s happening with AI model selection needs its own term. Call it “irrational intelligence”: the persistent, unnecessary reach for the most powerful model available, conducted by people who don’t bear the cost, don’t see the environmental impact, and have no incentive to ask whether a cheaper model would work just as well.
Alan Greenspan coined “irrational exuberance” to describe investors driving asset prices beyond what fundamentals justified. What’s happening with AI model selection needs its own term. Call it “irrational intelligence”: the persistent, unnecessary reach for the most powerful model available, conducted by people who don’t bear the cost, don’t see the environmental impact, and have no incentive to ask whether a cheaper model would work just as well.