Thread

1. gradus_ad · 1790701889 · focus · HN ↗

   Ominous for the industry and investors that token price is becoming the main battleground. Could be Anthropic's rationale for IPOing this year.

   1. mixdup · 1790702708 · focus · HN ↗

      Another piece of evidence on the pile that the sudden panic and desire to "slow down" is because they're hitting the plateau on capability

      Which, honestly, is fine. A lot of juice to squeeze in efficiency and even if models got zero more capable, making the capability that is already here cheaper is a huge win for everyone (except Nvidia)

      1. luma · 1790705106 · focus · HN ↗

         Some version of this claim has been made for the past 4 years. There's a data cliff, there's no more compute to buy, the financials don't make sense and all of these orgs will be out of business by end of quarter.

         Not once has any of these predictions come true, the pace of progress has continued on it's exponential trajectory since ChatGPT first came to the public's attention.

         So why now? What is special about today that suggests all of this is coming to a screeching halt despite all evidence to the contrary?

         1. interestpiqued · 1790707655 · focus · HN ↗

            4 years is not that long in the grand scheme of things to be fair

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