They can just make more money to keep the bubble from popping. There is a limit to that but how much damage to the environment will they do before that point?
If by make more money, you mean get more investment capital from the wealthy… they can. And those people who have their money in these companies when the bubble bursts will lose a very large portion of it.
That yes but also the government will print money for a bailout like they did for the automotives and banks years ago. But they can only do that once or twice. Too big to fail is still the rule of law in american echo gnomics.
Didn’t we say the same about Twitter being bought? Running it at a loss is okay for them as long as they use it to control the markets in other ways to make a profit.
The amount of loss here is magnitudes larger. And the difference is that companies like twitter and amazon ran at a loss while they poured money into infrastructure that they get to keep, and use. AI companies are spending most of the money on consumables. Depending on which, they will have some server assets and such. But when the bubble bursts, those wll be worth a lot less as everyone will be trying to offload them.
Also, twitter wasn’t riding a bubble.
Aren’t they taking a loss on every AI operation? Like a big loss. So use enough, especially free versions, and you will drive them to bankruptcy. Lol
If you use the free versions, you are still feeding them content to train their models.
Depends on what you send as a prompt. <evil grin>
They can just make more money to keep the bubble from popping. There is a limit to that but how much damage to the environment will they do before that point?
If by make more money, you mean get more investment capital from the wealthy… they can. And those people who have their money in these companies when the bubble bursts will lose a very large portion of it.
That yes but also the government will print money for a bailout like they did for the automotives and banks years ago. But they can only do that once or twice. Too big to fail is still the rule of law in american echo gnomics.
How? They’re running at a huge loss.
You’re right. Keep thinking that.
Anthropic’s last quarter posted a profit.
Didn’t we say the same about Twitter being bought? Running it at a loss is okay for them as long as they use it to control the markets in other ways to make a profit.
The amount of loss here is magnitudes larger. And the difference is that companies like twitter and amazon ran at a loss while they poured money into infrastructure that they get to keep, and use. AI companies are spending most of the money on consumables. Depending on which, they will have some server assets and such. But when the bubble bursts, those wll be worth a lot less as everyone will be trying to offload them. Also, twitter wasn’t riding a bubble.