3 ms·
On the other side of things, imagine OAI purchased something critical to their success from a near-monopoly producer. If they suddenly are devouring massive amo
by scarmig 2y ago
On the other side of things, imagine OAI purchased something critical to their success from a near-monopoly producer. If they suddenly are devouring massive amounts of the economy, it will rationally attempt to increase its margins.
Not to say that there aren't ways around it. But you'd also expect crazy valuations to be going up the supply chain. And TSMC is wildly undervalued if you believe in OAI's ideal scenario. Market is inconsistent here.