When you are selling a 5 dollars for 1 dollar doubling revenue is easy. It just creates more losses, same with OpenAI
On a software focused forum like HN, I’m surprised people still don’t understand the grow at all cost until you are the top 2 or 3 left model. There has been dozens of examples of tech companies losing money for years just to become highly profitable after.
People are still not getting that big tech is investing like their lives depend on it is because they are. GenAI can render the core businesses of big tech obsolete.
Sure, but there have been thousands of tech companies that lost money year over year and went bust. Odds are that any given AI company will end up losing a lot of money. Maybe the asymmetric potential payoff is worth the risk in certain cases, but it's not crazy to be skeptical about Anthropic or any other hot company.
Sure, but there have been thousands of tech companies that lost money year over year and went bust. Odds are that any given AI company will end up losing a lot of money. Maybe the asymmetric potential payoff is worth the risk in certain cases, but it's not crazy to be skeptical about Anthropic or any other hot company.
That's the game. It's called the power law in VC investing. It's worked.That is if US sanctions don't kill the DSA.