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This is coming from a group that does analysis on the semiconductor and cloud industries and provided very expensive access to their models and info. They are t
by Aurornis 11mo ago
This is coming from a group that does analysis on the semiconductor and cloud industries and provided very expensive access to their models and info. They are the citation.
- Apreche 11mo agoSo I guess it’s not a bubble then since these companies are raking in the big revenues? Or maybe they are counting all those circular investments as revenues somehow?
- airstrike 11mo agoRevenue isn't profit, and the presence or absence of either, separately or jointly, isn't sufficient to determine there is a bubble.
- throw10920 11mo agoYou can make a lot of money but still be in a bubble if speculation is significantly higher than (actual or potential) revenue. I think that's most people's assumption. It's not that AI is worthless, but that it's significantly less valuable than investors are betting on.
- dannersy 11mo agoI mean, if so then they are lying through their teeth.
- Aurornis 11mo agoBased on what? I’m inclined to trust a well known industry analyst over an HN comment with no basis.
- dannersy 11mo agoFair enough, but it has been stated over and over that OpenAI's (as well as others) plan for profit is subscriptions. If their revenue predictions are based on that, then like others have said, it is mathematically impossible. Have you considered that the industry analysis might be a biased source since they are all in on a economic model that must grow at all costs or it collapses? Do you trust McKinsey consulting because they give industry analysis? Blind trust in these corporate entities is how we get Enron, WorldCom, and an opioid crisis. But hey, I'm just some asshole on the internet. Carry on.