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What? The only reason their companies make so much money is BECAUSE they make their predictions about AI replacing every job soon. A couple months ago it seemed
by aoshifo 2mo ago
What? The only reason their companies make so much money is BECAUSE they make their predictions about AI replacing every job soon.
A couple months ago it seemed is was their ONLY job.
- skinfaxi 2mo agoThe only reason Anthropic and OpenAI make money is by saying AI will replace workers? Not from selling access to their models?
- snowwrestler 2mo agoNeither company is remotely close to making a profit yet. To the extent people at those companies make money, it is unrealized capital appreciation driven by successively higher valuations during successive funding rounds. In short, financially they are still running on hype. Quite a lot of operations are being paid out of capital, not revenues. So they have to keep selling a dream to keep raising capital. Next stop: IPO.
- aoshifo 2mo agoHow do you think they convince people, esp. CEOs to buy access to their models?