Comment by hungryhobbit

I think Zitron's problem is he's equating AI to OpenAI and Anthropic. I'd agree with him that both those businesses are in a dangerous position given how fast they've burnt through cash. However, that's not the entirety of the industry and there are a lot smaller labs doing more for a lot less capital.

The business model does appear to be viable for these labs. But that viability comes because they aren't wasting a bunch of R&D money developing worthless products like AI video production.

I admit, I didn't read the whole article; I read a few paragraphs and extrapolated the mindset from which the author operates.

Regarding your comment about the business model—the people in Silicon Valley are not stupid. They know the playbook; we've seen it with social networks. The issue isn't the business model itself; it's that these companies need to dominate the market, and the big players are competing for that on a global scale. It's the exact same playbook that played out in financial systems and social networks, and now it's happening with AI. Once these technologies are deeply integrated into enterprises and the global economy, these players will dominate the market for decades to come.

I can assure you, the people running those companies are smarter than you, me, and the author of this article."

I did. So, I'm confused how does that negate my comment exactly? Your second complete sentence totally is in conflict with your first btw.