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Anthropic's IPO prospectus shows AI vision, surging costs

143 points · 150 comments · 6thbit

  1. 2ss · · 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. throw0101a · · focus · HN ↗
      > -LLMs profoundly change society -The LLM business is mangled in terms of ROIC vs CoC

      People seem to have forgotten the bust in railroads and Internet (etc), even though those technologies were transformative:

      * <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Technological_Revolutions_and_Financial_Capital" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Technological_Revolutions_and_...

      One thing I&#x27;m wonder about: previous busts left useful infrastructure behind (rail, fibre) that could still be used. If&#x2F;When the AI&#x2F;LLM companies go bust, what will be left over afterwards and how useful will it be?

      1. xnx · · focus · HN ↗
        &gt; what will be left over afterwards and how useful will it be?

        Don&#x27;t focus on the hardware. The models themselves are tremendously valuable. These tools would&#x27;ve been considered alien technology just 15 years ago.

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