• jagermo@feddit.org
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    3 days ago

    I really dislike how jittery that market is.a fart in one direction sends ripples through it.

    • cygnus@lemmy.ca
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      3 days ago

      Everybody involved at that level knows the AI hype is a sham, so they have their finger hovering above the “sell” button. Open AI’s valuation and cash burn, for example, assume a much higher revenue in the future – but if this upstart can release a similar product with a fraction of the overhead, that cash burn now becomes a massive liability.

    • azron@lemmy.ml
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      3 days ago

      I agree but then again it seems a model doing as good as the others at only 2% the cost would upend expectations as to return on investments from investors. Wait Why did ours cost so much more?