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maltalex • today at 1:12 PM • 1 reply • view on HN

These companies have a coordination problem.

They're all burning billions to incrementally one-up each other with no hope of these investments ever paying off since models are interchangeable and have no moat. They're trying to get regulators to step in and force a pause.


Replies

solenoid0937 • today at 1:13 PM

The investments don't pay off if they don't have (enough) revenue, but have you seen any indication either lab is not growing revenue fast enough?

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