850 karma · joined March 9, 2023
They paid for their compute in equity in the company, not cash. Therefore their losses don’t show up as cash. I don’t understand how people are this gullible.
So far not a single company has ever demonstrated that.
Even if demand is through the roof which it seems to be, it doesn’t matter if every dollar they sell costs them more than a dollar.
Well, I think Siri AI puts this notion firmly to rest. Yes, if you have unlimited tokens and well-posed problems you can solve open Erdos problems. However, if you have meaningful real-world computational and reliability constraints then you better just stick to "summarize my messages and find the dogs in my photos".
And this isn't just Gemini, I can burn effectively unlimited Opus tokens and still get garbage code out or be run around in circles without very diligent oversight.