“The economics are likely to be grim.”Crash and BurnThe scales are falling from the eyes of the tech industry right now, as generative AI models are reportedly hitting a technological brick wall.As some experts have long predicted would happen, improvements that once came easily by simply scaling up large language models — in other words, by adding more parameters, training data, and processing power — are now slowing down, and that’s if they’re yielding any significant gains at all.Gary Marcus, a cognitive scientist and AI skeptic, is warning that once…