This is going to be catastrophic.

Whether AI works or use useful or not isn’t even the question anymore. It can fulfil every promise Sam Altman has been making and will still make no financial sense to justify these valuations.

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goolz 38 minutes ago | parent [-]

I have already begun winding down my spend on claude and OAI to make room for infra budget. Anecdotal, but I have no doubt a lot of others are doing the same, I very much agree the US players have major issues looming. What an exciting time to be alive!

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csomar 6 minutes ago | parent | next [-]

The car industry is also a trillion $$ market in the US. I don't see why that would go any differently from the Chinese cars ban.

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netdevphoenix 33 minutes ago | parent | prev [-]

Not exciting for anyone directly or indirectly invested in a frontier lab or its partners. And that is a lot of people, including you.

	▲	gruturo 23 minutes ago \| parent [-]
		No time like the present to pull out and reduce your exposure. I brought this up in my employer's forums 4 months ago and honestly it's been clear even before then. In particular, the upcoming IPOs of both oAI and Anthropic will likely be disastrous for the public - the floor is falling from under them and I don't know if they can be scrappy and work with fewer resources - their internal culture may not support this. We all knew in our hearts they're a commodity - just see how easily you can switch between the 2 of them - and now there are 10 more options costing a fraction. When Xi Jinping did the announcement of their open weights push, they might as well cancelled their IPOs....