Thread

1. 2ss · 1790639528 · focus · HN ↗

   2 things can be true:

   -LLMs profoundly change society -The LLM business is mangled in terms of ROIC vs CoC

   Such a business already exists - airlines.

   This nuance is what many here refuse/find difficult to understand.

   1. pid-1 · 1790642086 · focus · HN ↗

      Isn't telecom kinda the same? Lots and lots of capex, turned into dumb pipes that can't extract value from their customers.

      1. akersten · 1790643966 · focus · HN ↗

         If my ridiculous $100+/m subscription to the single dumb pipe that has a government-endorsed monopoly in my area is anything to go by, they're extracting plenty of value from this customer at least.

         1. oyashirochama · 1790649896 · focus · HN ↗

            Which is northing compared to what google and other networking/application companies get from businesses to use their digital, no or little in comparison physical maintenance, products.

            1. TeMPOraL · 1790805837 · focus · HN ↗

               Which is still nothing compared to what users get out of this, which is why the technology continues to work and improve despite occasional bubble-popping events leaving some investors without their shirts.

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