> Do the investments make sense if AGI is not less than 10 years away?
They can. If one consolidated the AI industry into a single monopoly, it would probably be profitable. That doesn't mean in its current state it can't succumb to ruionous competition. But the AGI talk seems to be mostly aimed at retail investors and philospher podcasters than institutional capital.
alt Hacker News
> Do the investments make sense if AGI is not less than 10 years away?
They can. If one consolidated the AI industry into a single monopoly, it would probably be profitable. That doesn't mean in its current state it can't succumb to ruionous competition. But the AGI talk seems to be mostly aimed at retail investors and philospher podcasters than institutional capital.