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It's still circular. They will succeed or collapse together. And since they make up such a fraction of global market cap, we're in for the ride together. And t
by kmacdough 5mo ago
It's still circular. They will succeed or collapse together. And since they make up such a fraction of global market cap, we're in for the ride together.
And the circularity makes the actual investment numbers fairly meaningless. They don't mind if they end up overpaying for future services, as long as they overpay each other equally.
- wavemode 5mo agoEven if Anthropic completely folds, that wouldn't "collapse" Google. $40B is less than 1/3 of Google's net income (that is, the profit they made which otherwise would just be lying around) in a single year.