alt Hacker News> But in terms of funding, it’s in the top 5.
WeWork had more funding than xAI.
Not saying xAI will die, but you can’t look at funding.
> But in terms of funding, it’s in the top 5.
WeWork had more funding than xAI.
Not saying xAI will die, but you can’t look at funding.
You can look at funding to see who will benefit most from regulatory capture, a phenomenon that raises the cost of entry into a market. Obviously the most well-funded participants will have the greatest motivation to increase barrier to entry.
If anything, a well-funded company with a bad product is more likely to engage in regulatory capture because it limits their risk of exposure to a new entrant with a good product.