While LLMs have been used for… a lot, it seems like this use might be one where it's not only reliable but it appears to outperform existing methods of image compression. Being able to cram more data into less space tends to lead to interesting developments, so I will be keeping my eye on this.
What do you guys think? Seem like it's deserving of less hype than I'm giving it? What kind of security holes do you think this could open?
That isn't really the case; while many neural network implementations make nondeterministic optimizations, floating point arithmetic is in principle entirely deterministic, and it isn't too hard to get a neural network to run deterministically if needed. They are perfectly applicable for lossless compression, which is what is done in this article.