This. They can see their valuations slipping. They hope that in a few/several years they will start reaping profits. However, in several years local hardware will be well suited to run models locally at 80-90% efficiency - for "free". You won't need frontier models for daily tasks in a few years. I'd guess.

▲

anuramat an hour ago | parent [-]

> 80-90% efficiency

wdym by that

> for daily tasks

which are?

	▲	glenpierce 22 minutes ago \| parent [-]
		You get about 80-90% of the results for daily tasks like: getting summaries or explanations of complex material. Writing software tools for data analysis. Getting recipes for a given set of ingredients in the fridge.