Comment by pzo
21 hours ago
There is a reason in capitalism we have anti-monopoly law or preventing dumping prices because those often leads to monopoly. So yes for sure you can kill your competition by just dumping money and loosing profits.
21 hours ago
There is a reason in capitalism we have anti-monopoly law or preventing dumping prices because those often leads to monopoly. So yes for sure you can kill your competition by just dumping money and loosing profits.
That also assumes the monopolized market is profitable enough to pay for the dumping, but right now we are still questioning if LLMs have such high value on the market. Yeah its great for programming, but is the majority of the population benefitted enough to all start paying for access lke many investors expect? Someone might have looked at the low cost and massive lifting capacity of hydrogen balloons in the past and seen a lot of potential profit but if investors had dumped money to monopolize the hydrogen balloon market they would have lost their ass.