Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit

• Botzo@lemmy.world ⁨2⁩ ⁨days⁩ ago

  5B run rate explains the wild 183B valuation better. The calculus is usually a solid return after 3 years and double or better by 5, so they’re being on something like a 500B valuation by 2030.

  And they very likely won’t be profitable in the real sense even then.

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  • baggachipz@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    The $5B run rate, as I understand it, is smoke and mirrors. Each dollar they make costs them much more than that dollar. Sell it at a loss, but make it up on volume!

    Something something efficiency

    The models are only getting more expensive to train and run as they increase in complexity.

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    • silasmariner@programming.dev ⁨2⁩ ⁨days⁩ ago

      What we lose on sales we make up for in volume

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    • Botzo@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Just remember that actual profit isn’t important to investors. They’re only here make money on the growth of the investment.

      Goddamn parasites.

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      • baggachipz@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

        At the end of the day, somebody will be stuck holding the bag. They’ll probably have to IPO, so that retail investors can burn their life’s savings. That or they’ll get bailed out, in which all taxpayers get to absorb this insane pyramid scheme.

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