hot take: generative AI isn't an existential threat to humanity.

These companies are insolvent and these stories were designed to scare the public, and governments, into implementing regulations that designate these AI corporations the "responsible stewards" for this technology. The ultimate goal is to block competitors and open source alternatives.

They don't know how to make enough money pay their investors so they are resorting to trying to scare the public into submission.

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bsenftner a day ago | parent | next [-]

The existential threat is a general public panic. Then the use of that as an excuse for Martial law, with no intention of ending it, and that triggers the out sized response that ends, well, those countries and their populations from viability in the world economy for a decade or more.

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imovie4 a day ago | parent | prev | next [-]

Anthropic made an operating profit in the last two quarters!!

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asadotzler an hour ago | parent | next [-]

If you exclude model training costs, customer acquisition / sales, and most of employee compensation, sure they're profitable. If, on the other hand, you prefer GAAP reporting to bullshit, then they're entirely in the red.

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dgellow a day ago | parent | prev [-]

Only if you ignore their losses. They are saying they are profitable when not counting their training costs and other expenses. That’s not a good sign at all

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jackb4040 6 hours ago | parent [-]

How can they exclude training costs?? How is that not fraud? At the exact same time they're literally saying they will never stop training unless the state bans all their competitors

	▲	kridsdale1 2 hours ago \| parent [-]
		They aren’t a public company. GAAP does not apply. They can say whatever the fuck they want.

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jackb4040 6 hours ago | parent | prev | next [-]

It will be a beautiful day months from now when this is no longer a "hot take" but just historical consensus

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a day ago | parent | prev [-]

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