Comment by shuwix
3 days ago
It's more about billions at stake and the nature of AI business. You either score big, or go belly up with diminishing funding.
3 days ago
It's more about billions at stake and the nature of AI business. You either score big, or go belly up with diminishing funding.
Well let's be fair here - you either go belly up with diminishing funding or get bailed out (maybe by the government, maybe by private funds that themselves expect to be bailed out by the government).
There currently is no path towards profitability, it's just a question of whether you can grab funding before it dries up.
Let's be fair, "no path to profitability" was common topic around Facebook IPO because people didn't undertand that free service means that their personal data is the product.
Viable AI companies will one get to profit. Firms layoff qualified people because AI is much cheaper. Now there's no easy turning back, so if AI service increase prices by 50%, well you don't have option.