Comment by IshKebab
7 hours ago
Doubtful. Look at how long Uber and Tesla have lasted despite making huge losses. Hell even Magic Leap somehow still exists (I guess because they don't have running costs beyond salaries).
I think this can keep going for at least another 5 years.
Uber had only 25B invested in them before their IPO. OpenAI has 120B invested in them currently which excludes these kinds of deals (as far as I’m aware)!
> Look at how long Uber and Tesla have lasted
In a system of open-ended growth, yes, you can point to how long the system has persisted as evidence of its longevity. But in a system of plateauing growth, the system's age is an indicator of how close it may be to death. I suspect that the model that permitted the "success" of Uber and Tesla is nearing the end of its lifetime.