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There’s a reason OpenAI and Anthropic are both trying to accelerate their IPO while still being wildly unprofitable. There is still unlimited AI hype in the mar

by paxys 9mo ago

There’s a reason OpenAI and Anthropic are both trying to accelerate their IPO while still being wildly unprofitable. There is still unlimited AI hype in the market. If they go public this year the entire world is going to blindly buy them without looking at their books.

burnte 9mo ago
> There is still unlimited AI hype in the market. I've observed a very different state. From what I've seen the sky-high expectations of AI have come down quite a lot.
- nolok 9mo ago
  I agree, but I still think is overall point is correct: they need to do it now while it's still smoking hot
- Stromgren 9mo ago
  It depends where I look. Among colleagues and tech-native friends, I feel like there’s healthy skepticism as well as the excitement about new tech. On the other hand, all the investment podcasts that I’ve been following for years are nothing but ignorant AI hype and reciting articles about how all the jobs are about to disappear. I guess the people who doesn’t make firsthand experiences are not leaving the hype yet.
  - zeeveener 9mo ago
    Both groups will operate on a wide spectrum, but if we're already generalizing... Perhaps there's a matter of competing priorities? Programmers are usually quite cynical overall, but in this case I see it as a "My CEO is telling me _out loud_ that they want to replace me, so why would I help them speed up that process?" Investors likely want what they're invested in to appreciate, so I imagine they're likely over-leveraged and are doing what they can to get their bag.
- chasd00 9mo ago
  > sky-high expectations of AI have come down quite a lot. they hype for AGI has certainly deflated, i haven't heard anything about that being right around the corner and the implications in a while now. The hype and doom now seems to be coming from software devs only, the front page news articles about AGI have pretty much stopped for me. /"front page news" to me is the google news, US, Business, and Technology tabs
  - cookingrobot 9mo ago
    Microsoft’s AI CEO Mustafa Suleyman predicts 'most, if not all' white-collar tasks will be automated by AI within 18 months. https://www.businessinsider.com/microsoft-ai-ceo-mustafa-suleyman-white-collar-tasks-automation-prediction-2026-2 https://www.businessinsider.com/microsoft-ai-ceo-mustafa-sul...
    - oxag3n 9mo ago
      All these predictions already started aging like milk, for example "Former Google CEO predicts AI will replace most programmers in a year" in April 2025. The hall of fame will explode with failed predictions this year.

by paxys 9mo ago

burnte 9mo ago

> There is still unlimited AI hype in the market. I've observed a very different state. From what I've seen the sky-high expectations of AI have come down quite a lot.

nolok 9mo ago
I agree, but I still think is overall point is correct: they need to do it now while it's still smoking hot
Stromgren 9mo ago
It depends where I look. Among colleagues and tech-native friends, I feel like there’s healthy skepticism as well as the excitement about new tech. On the other hand, all the investment podcasts that I’ve been following for years are nothing but ignorant AI hype and reciting articles about how all the jobs are about to disappear. I guess the people who doesn’t make firsthand experiences are not leaving the hype yet.
- zeeveener 9mo ago
  Both groups will operate on a wide spectrum, but if we're already generalizing... Perhaps there's a matter of competing priorities? Programmers are usually quite cynical overall, but in this case I see it as a "My CEO is telling me _out loud_ that they want to replace me, so why would I help them speed up that process?" Investors likely want what they're invested in to appreciate, so I imagine they're likely over-leveraged and are doing what they can to get their bag.
chasd00 9mo ago
> sky-high expectations of AI have come down quite a lot. they hype for AGI has certainly deflated, i haven't heard anything about that being right around the corner and the implications in a while now. The hype and doom now seems to be coming from software devs only, the front page news articles about AGI have pretty much stopped for me. /"front page news" to me is the google news, US, Business, and Technology tabs
- cookingrobot 9mo ago
  Microsoft’s AI CEO Mustafa Suleyman predicts 'most, if not all' white-collar tasks will be automated by AI within 18 months. https://www.businessinsider.com/microsoft-ai-ceo-mustafa-suleyman-white-collar-tasks-automation-prediction-2026-2 https://www.businessinsider.com/microsoft-ai-ceo-mustafa-sul...
  - oxag3n 9mo ago
    All these predictions already started aging like milk, for example "Former Google CEO predicts AI will replace most programmers in a year" in April 2025. The hall of fame will explode with failed predictions this year.