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hapticmonkey | 8 days ago
Yes, AI can do some incredible things. But we’re also running full speed into an ecosystem controlled by 2 or 3 major companies. Running at a loss. A reality check is coming.
It’s not a technology problem. It’s an economic problem. People are too busy looking at the tech to notice.
hackit2|8 days ago
Yes there is mad dash by Google, Oracle, Microsoft, Meta, and China not to cede their position to each other - it actually isn't about who will buy or pay for the service its more of a Business Strategic position to obtain critical mass in a new market using their massive reserve of cash. The users right now are insignificant to their goal - they probably aren't even given a second thought.
lelanthran|8 days ago
We aren't, though. They think we are :-/
The reality is that tokens are the second-lowest value link in the AI value-chain (the lowest-value item being electricity).
These providers are operating low down in the value chain; they are trying to sell a fungible, easy replaceable and (if hardware price trends is any indication) easily self-hostable.
They have no secret sauce, no moat. If they jack up the prices, their users will simply move to the next provider, and repeat ad nauseum as long as VCs want to subsidise in the hope of a landgrab.