Hacker News Reader

I know Ed Zitron is a dirty word on HN most days but having recently read some of his (highly editorialized) work… it seems like he’s right and the numbers just aren’t making sense.

Combine that with the fact that “good enough” is a real thing and cheap Chinese models are either there or close depending on your use case and it’s hard to see how this ends well.

View on HN

Well it could end well for the general public in the sense that we get cheap, good enough AI.

Oh definitely. Personally, I think it will get to the point where we have local good enough models.

I’m just incredibly confused how these companies and investors don’t see the writing on the wall UNLESS the point is to just extract as much money as possible and not be left holding the bag.

Well I think it's possible some of these American AI companies could still end up being a good business. It's like Apple vs Android. Globally Android is the most common, but Apple still has a good business as a premium brand for people who are willing to pay more for higher quality. Anthropic and OpenAI could end up as the Apple of the AI industry.

Zitron will be proven right. That’s why I’m investing in beaten down SaaS stocks. It’s a reasonable hedge against the AI insanity.

Reply on news.ycombinator.com