alt Hacker NewsHonest question: Is anyone here looking to put their own money into the Anthropic, OpenAI or SpaceX IPOs?
Maybe it is my poverty mindset that is holding me back, however, I can't imagine becoming an investor in any of the AI 'startups'.
There are plenty of pundits able to advise others on where to put their money, and sometimes there is everyone and their dog advising you to get into Bitcoin, gold or some other scheme. With alt-coins there were lots of people saying that you should get in, and plenty of naysayers. Yet I am not hearing anyone that uses AI professionally try to convince others to get into the AI IPOs coming up. Maybe the overall economic situation precludes it.
Hence my question, is anyone here planning to put their own hard-earned money into Anthropic (or the other AI 'start ups')?
Replies
I'm considering Anthropic. I think they will be one of the survivors if/when the AI bubble bursts.
I was dubious about SpaceX (orbital data centers need to solve for extreme radiation and error-correction during training), but then I remembered that xAI is actively working on virtualizing white collar workers ("Macrohard").
In my opinion, this is the only TAM that justifies $1T in data center investment, because the consumer market for ChatGPT-style AI is saturated. There's a lot of enterprise TAM available for AI, but I think what these companies training frontier models are really after is selling a product that allows companies to eliminate the cost of white collar salaries.
I'll probably buy and sell on opening day. The hype train is worth making a quick trade on.
Long term? Way, way less interested.
I can’t imagining investing into these frontier labs for the simple reason that Open Source is very likely to catch up in a relatively short period of time. I don’t see how OpenAI/Anthropic could then continue to serve their models with such large inference margins.