Re: Actually looks like a great place to work at
As a general point, and irrespective of whether-or-not the subject is LLMs, many apparently "unsolvable" problems can be solved, if only you work out how - may be this is a moment of genius, or maybe some better mathematics or technology that overcomes the roadblock, and sometimes - like in some research - a sheer bloody-minded but systematic iteration through a vast array of combinations. And, as a case in point, computerised/robotic labs have made such brute-force efforts much more tractable.
It might be that LLM's are a true dead end, or it might be that they are not a true dead-end, but have some rare but valuable use-cases. But if finding out how to engineer those use-cases is hard or unlikely (as you suggested with your "dead end" remark), then IMO trying a wide and diverse mixture of strategies is probably more likely to be successful at finding that unexpected valuable use, than is focusing in on just a few decided at the top level.
But which does not necessarily mean that OpenAI are using their money wisely, or have their balance right; just that they might not be entirely wrong in their approach.