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Comment by ohgr

9 months ago

It’s not even approaching the asymptotic line of promises made at any achievable rate for the amount of cash being thrown at it.

Where’s the business model? Suck investors dry at the start of a financial collapse? Yeah that’s going to end well…

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ohgr

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maccard  9 months ago

> where’s the business model?

For who? Nvidia sell GPUs, OpenAI and co sell proprietary models and API access, and the startups resell GPT and Claude with custom prompts. Each one is hoping that the layer above has a breakthrough that makes their current spend viable.

If they do, then you don’t want to be left behind, because _everything_ changes. It probably won’t, but it might.

That’s the business model

  • grey-area  9 months ago

    That’s not a business model, it’s a pipe dream.

    This bubble will be burst by the Trump tariffs and the end of the zirp era. When inflation and a recession hit together hope and dream business models and valuations no longer work.

  • ohgr  9 months ago

    You missed the end of the supply chain. Paying users. Who magically disappear below market sustaining levels of sales when asked to pay.

    • AstroBen  9 months ago

      > Going from $1M ARR to $100M ARR in 12 months, Cursor is the fastest growing SaaS company of all time

      Just because it's not reaching the insane hype being pushed doesn't mean it's totally useless

      3 replies →

    • maccard  9 months ago

      I never said it was sustainable, and even if it was, OP asked for a business model. Customers don’t need a business model, they’re customers.

      The same is true for any non essential good or service.

      2 replies →