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magnitudesyesterday at 5:11 PM1 replyview on HN

Do you genuinely believe this? That AI is not making money? Maybe you just are referring to another tired refrain of people who don’t appear to understand the strategic play of pure AI companies which is that they operate at a loss?


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bigyabaiyesterday at 7:59 PM

I don't have to believe anything, I just look at the S&P 500 and see the same old stuff. Nvidia is enjoying the shovel shortage, but none of the gold-rushers have discovered anything better than CUDA. Nothing new under the sun.

> people who don’t appear to understand the strategic play of pure AI companies

Get a load of this guy. Strategy in isolation is worthless; Russia has excellent strategic deterrence that is utterly useless for deterring Ukraine. Pure crypto companies had strategic foresight, but none of it was worth a damn when they had to compete with each other on merit.

The strategic play is perfectly well-understood. The tactical side is not, so far Nvidia is the only company that has gone to war and won.

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