Comment by Refreeze5224
4 hours ago
No one has rebutted Ed's points. The only rebuttal is "but look how cool AI is!". He mainly sticks to objective facts about their financial situation, and an honest analysis of that situation is dire, regardless of what you think of AI.
Zitron has a poor track record: https://news.ycombinator.com/item?id=49526069
He's made dozens of predictions that were just wrong.
So? Tell me his data is wrong, and then I'll care. His primary "prediction" is that it's a bubble and will crash. And he has lots of empirical facts regarding Anthropic, OpenAI, and all the related companies' actual financial situation. Him being wrong on different predictions does not change the fact that Anthropic and OpenAI are in massive debt and do not have the revenue to handle it, and that a huge percentage of the stock market is being propped up by AI. As he himself says, I really hope nothing bad happens, but the financials are to dire to ignore.