> So how exactly is Anthropic and OpenAI ever going to pay back the trillions that they plan on spending?

It's really simple: if they truly get to human-level AI (or even superhuman AI), then money and debts no longer matter, since our current economic system will be obsolete. They are betting everything on this outcome.

I don't know if they will manage to do it before their debts have to be repaid, but considering the rate of acceleration in the past few months, there is a non-trivial chance that they will, IMHO. We will see.

You could ask the same about how z.ai, moonshot ai, minimax, and alibaba are going to continue training and releasing models for free.

Socialize the lost.They dont have to. You pay.

I expect they're going to fight each other to become the vendor of record for the government, and whoever wins will get bailed out. This is one area where they don't have to worry about competition from Chinese models.

Its more Google Amazon Meta Microsoft who are spending trillions. They will be fine. So will Anthropic and OpenAI. Nvidia will presumably survive. The losses are all the real estate interests and contractors and contributory hardware companies etc.

Why do you think tech oligarchs have been cozying up to the Trump admin? They're angling for a government bailout, paid for by your tax money!