6 ms·

Source: trust me bro

by DaveChurchill 4mo ago

vanuatu 4mo ago
Okay.
- DaveChurchill 4mo ago
  Just cite me any sort of study or financial data showing that AI provides long-term financial gains for any company besides small startups
  - vanuatu 4mo ago
    Do you need a study for when a trading firm reports PnL? Likewise when labs report 80x growth? There are applied AI cos making 100-400M+ in just a few years of incorporation, does that count as financial gain? Academia is currently 6-12mo behind the frontier of the industry due to secrecy and publication times, so any "long term" study, even for a year, would be out of date on arrival
    - tovej 4mo ago
      Why don't you list these AI companies, then?
      - vanuatu 4mo ago
        can just ask chatgpt but off the top: code wrappers - cursor (special case), lovable, replit part model part applied - perplexity, 11labs, cartesia, suno applied branches of model labs - codex, claude code, deployment cos & fde teams ai roll ups - thrive, longlake, some stealth ones applied - cognition, sierra, fin, harvey, legora, glean part data part applied - scale Margins vary, but many of these companies' revenue are already a chunk higher than what was last publicly reported Wouldnt be surprising to see some of them 2-5x rev in the next few years
    - gipp 4mo ago
      When we're talking lab revenue, we're taking what companies are spending on AI. The question is not whether companies are investing in AI, it's whether they're getting anything in return. Or, whether execs are just as anxious and confused about the story being sold as everyone else, taking the ludicrous amount of capital being put behind it as evidence that there's a "there" there, and hopping on the train out of pure FOMO and hedging, whether they're actually getting anything out of it at all.
      - vanuatu 4mo ago
        I think this is reasonable If we start to see spend go down because projects fail and companies run the ROI calculation and determine it's not worth it, then ill stand corrected and happily admit that

Source: trust me bro

vanuatu 4mo ago

Okay.

DaveChurchill 4mo ago
Just cite me any sort of study or financial data showing that AI provides long-term financial gains for any company besides small startups
- vanuatu 4mo ago
  Do you need a study for when a trading firm reports PnL? Likewise when labs report 80x growth? There are applied AI cos making 100-400M+ in just a few years of incorporation, does that count as financial gain? Academia is currently 6-12mo behind the frontier of the industry due to secrecy and publication times, so any "long term" study, even for a year, would be out of date on arrival
  - tovej 4mo ago
    Why don't you list these AI companies, then?
    - vanuatu 4mo ago
      can just ask chatgpt but off the top: code wrappers - cursor (special case), lovable, replit part model part applied - perplexity, 11labs, cartesia, suno applied branches of model labs - codex, claude code, deployment cos & fde teams ai roll ups - thrive, longlake, some stealth ones applied - cognition, sierra, fin, harvey, legora, glean part data part applied - scale Margins vary, but many of these companies' revenue are already a chunk higher than what was last publicly reported Wouldnt be surprising to see some of them 2-5x rev in the next few years
  - gipp 4mo ago
    When we're talking lab revenue, we're taking what companies are spending on AI. The question is not whether companies are investing in AI, it's whether they're getting anything in return. Or, whether execs are just as anxious and confused about the story being sold as everyone else, taking the ludicrous amount of capital being put behind it as evidence that there's a "there" there, and hopping on the train out of pure FOMO and hedging, whether they're actually getting anything out of it at all.
    - vanuatu 4mo ago
      I think this is reasonable If we start to see spend go down because projects fail and companies run the ROI calculation and determine it's not worth it, then ill stand corrected and happily admit that