alt Hacker NewsTheir financials are an utter mess. But they’re also hyped enough that a lot of money will get invested in them. Should they crash a lot of money will be lost.
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Yeah, part of me wonders how much of it is shared delusion and how much is just cut throat racing for the exits.
Even if the tech + business fundamentals don't match reality, there's just so momentum in favor of a "win" here.
What we have today is interesting tech, with many, many applications - but the path to the kinds of things mentioned in this prospectus have no clear path, it seems like scaling laws are plateauing, but those invested speak as if it's a foregone conclusion we get AI we see in science fiction movies.
There is a good documentary called "All Watched Over by Machines of Loving Grace" which documents how computing started, the touted benefits (it would fix society, all illnesses, liberate humanity from work) - and the slow decline in optimism towards what we have today. I feel like AI will play out the same way.
How are they a mess? They look amazing honestly, and I work in an office surrounded by experts in analyzing statements like this.
Say more about that? The economics look better than I was expecting.