> along with a lot of goodwill
One word: Oracle :))
Or two more: Google Microsoft :))
So we are not allowed to guess anything because not every facts are known ? Not nice try.
Fact: they are burning someone money. Or rather: they already burned a lot of money. For sure that was VC's and investors cash. Maybe some loans.
And now they trying to offload debt via IPO's.
Now: hardware side. Micron stopped producing what peoples wanted and still want to buy. So memory prices skyrocketed - llm industry own way of crafting inflation.
Nvidia sells and also buys and lots of promises circling around.
Oracle and Amazon buys at least from Nvidia and sells and take lots of promises too.
That influences markets and now IPO tries to cash on hype wave.
That's what is known so:
a) That does suggest circularity as some suspects
b) We know VC's cash is used for burning since few decades - they trow cash and dream about swans and unicorns :>
So who from "outside" throw money "into the system" ?? Certainly it not coming from selling inference.
All that is enough to start investigations.
Or you are trying to push: we don't know let's they do whatever they want with all that pensions invested ? Then I say: who pays you ?
> apparently everybody hates but can't stop using
Yep. llms momorization of knowledge is helpful for fast retreaving. But making it artificially scarcity and cashing on it is not good heart doing and nowhere close to goodwill. Especially in US making money is not a crime. But some schemes are.