when you think about all of the advancements since Attention / GPT a lot of it has been somewhat more obvious than in other fields, as is typical with the massive flood of innovation that follows a big breakthrough.
Paul likely assumes there will be a sequence of additional papers with the same impact as Attention is all you need, which will spawn a lot of opportunity for a larger group of experts who are conversant enough to advance the field even if they do not themselves create such a major innovation. Not only is this deeply exciting, it is also highly meritocratic as there is still scarcity of the kind of intellect and creativity necessary to swim there.
Machine intelligence might soon surpass it, though, and Deepseek is 100% Chinese mainland educated. Paul's description of building an LLM from scratch is meant as a vague starting point for being an innovator of the highest value aspect of modern AI innovation, not as a specific prescription.