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One thing to note is the barrier to IPO is much higher now, so the comparison doesn’t exactly hold. Companies are taking on massive investment larger than any
by ryanobjc 2y ago
One thing to note is the barrier to IPO is much higher now, so the comparison doesn’t exactly hold.
Companies are taking on massive investment larger than any IPO take, with zero revenues! OpenAI’s investment predated its revenue push.
I’ve seen people suggest this cycle is malinvestment… if you think the goal of AGI which is exceeding unlikely to emerge in this investment cycle.
Get ready to pick up a ton of cheap hardware in a year or two…
- dylan604 2y ago> Get ready to pick up a ton of cheap hardware in a year or two… That's not a bold statement since that's the natural life cycle of hardware anyways. I think the "year or two" is a bit soon, but also tracks with the price of hardware holding value for that term too.
- aurareturn 2y ago>Get ready to pick up a ton of cheap hardware in a year or two… Why? As far as I know, we're hugely bottlenecked by hardware in both training and inference even for current models.