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I also think this makes OpenAI and Anthropic even less viable. They're tens of billions in debt, losing money every month, have data center commitments in the h
by InsideOutSanta 4mo ago
I also think this makes OpenAI and Anthropic even less viable. They're tens of billions in debt, losing money every month, have data center commitments in the hundreds of billions, and now they're reducing their market to the US? The only way this can work is with substantial government subsidies.
- dgellow 4mo agoDefinitely damaging for their IPOs
- Den_VR 4mo agoTragic.
- beezlewax 4mo agosubsidies what like space x or tesla?
- marcus_holmes 4mo agoshhh, the investors might hear you. If they do then the bubble pops, all those data centre projects grind to a halt, 5% of US GDP disappears, and the USA goes into a deep recession. Of course, as you say, this would require govt funds to fix. Congress gets asked for funding to save the US economy, and various members of the Trump dynasty pop up in unexpected non-exec directorships for companies receiving those funds.
- somenameforme 4mo agoAnd a fraction of the US market at that. Requiring ID scans and all of this nonsense to use a chatbot just added a whole layer of friction that many are going to just nope on out of and use one of the endless other services. I suppose the next step will be for the government to try to ban those other services once they mature and start booming.
- lukewarm707 4mo agoeasy IPO cashout