Except they have to actually corner the market.
And if there’s anything LLMs don’t lack, it’s competition.
Comment on Lutris now being built with Claude AI, developer decides to hide it after backlash
utopiah@lemmy.world 3 days agoRun up their bills until they can’t afford to be speculative any more.
Sadly I don’t think you’ve met venture capitalists… they will use your usage as a KPI for success. They have a runway longer than you can imagine, check the history of Amazon or Uber. They can be unprofitable for years, heck longer than a decade, and they are fine with it because they are claiming (and sadly sometimes right) to be cornering a trillion dollar market.
Except they have to actually corner the market.
And if there’s anything LLMs don’t lack, it’s competition.
teawrecks@sopuli.xyz 2 days ago
Amazon is the exception, not the rule. Check the history of the dotcom bubble, including amazon. Uber is no longer allowed to lose money like it once was. That’s why they’ve switched from cheap rides and good pay, to algorithmic pricing and shit pay.
utopiah@lemmy.world 2 days ago
I’m not saying it’s a good strategy, just that since SoftBank it’s basically core to the VC default playbook.
I believe it’s been tweaked, thanks to Musk, Enron and banks to subsidies transitioning to too big to fail.
So, it might not work, ever, but I still think if you look at the large VC rounds, that’s what they are funding, to be so big nobody can reach you at any cost.