And capitalism also works with crashes taking unprofitable companies down. And frauds, eventually, gets companies valuation like Enron and FTX to zero. And people go to jail.

Now I'm not saying OpenAI or Anthropic are frauds. What I'm saying is that, eventually, things revert to what is just.

The late 90s SV tech-bros behind pets.com or webvan for example faked it for 18 months to 36 months or so. At some point when the expenses outnumber the revenues, capitalism does its thing.

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arisAlexis 3 days ago | parent [-]

Yes and since there is no fraud there is no reason for this panic they know what they are doing

	▲	nitwit005 2 days ago \| parent \| next [-]
		A number of famous business leaders have admitted they had no idea what they were doing in their memoirs. A few have even suggested that was an advantage. Everyone running these AI firms is being forced to make educated guesses about the future of the technology and the industry. It's unlikely they're all making accurate predictions.
	▲	camillomiller 2 days ago \| parent \| prev \| next [-]
		Delulu much? My God some people
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