> but Anthropic has a great product.
Give me $100 billion and I will make the greatest pencil sharpener that has ever existed, and possibly that will ever exist.
Give me $100 billion and I will make the greatest pencil sharpener that has ever existed, and possibly that will ever exist.
The market for AI is very clearly there; people are willing to pay more than enough so that providing LLM infrastructure (inference) is profitable.
Just the SOTA model R&D is pretty unsustainably expensive right now, but this only means that if the status quo "bursts" (because people realize that pushing the frontier is not paying off), model improvement will (probably) be slower afterward.
Note: this could also happen because expensive SOTA progress fails to keep ahead of "garage-trained" models, in such a case SOTA-AI lab investments collapsing would not really slow AI progress anyway.
At the debt levels they have, they need to start shoreing up their books or else the ramifications for the entire market will be apocalyptic
"Correct" investment volume towards early industrialization might have looked just as unreasonable without the benefit of hindsight.