> interest rates go up
This is kind of a cynical tech startup take:
- ragging on VC's - calling something a bubble
Interest rates are on their way back down btw.
https://www.federalreserve.gov/newsevents/pressreleases/mone...
https://www.reuters.com/world/uk/bank-england-cut-bank-rate-...
Funding has looked to be running out a few times for OpenAI specifically, but most frontier model development is reasonably well funded still.