Personally, I don't worry about profitability in the short term. If Anthropic is adding $15b ARR every single month, and their gross margins are 50%+ (per Dario), profits are inevitable.
The thing I'm most worried about with SpaceX is bundling X.com, xAI with it. I don't want to invest in X.com nor xAI.
Lastly, I don't my money tied to the Elon rollercoaster.
There's an article from today where if they double their current revenue to $10.9B they will make ~$500M profit. Maybe I just can't count, but that's a margin of ~5% no?
On second thought, is this the reason anthropic is making these gigantic deals (1.2T to xAI, 200B to Google, >100B to AWS, 30B to Azure)? Is it just so that they can claim this is an amortized cost rather than a monthly reccuring operating cost?
I understand very little of this, but hasn't OpenAI burned so much money, which it now need to be recouped, making any profit short or long term is mostly a fantasy.
If OpenAI IPOs, then investors will expect a return. OpenAI can't generate that, so they'll be forced to slash R&D, stop datacenter roll outs and layoffs, so what's left? A model that will grow stale in six month, massive commitments and debt?
That is where I'm at too. I agree with other posters that this looks a lot like the outsourcing craze around the turn of the century. Things looked very dire then too (I remember being in high school and being advised by adults that there would be no programming jobs left when I grew up), but it eventually swung back around. The trouble is, "eventually" is cold comfort if you're out of a job today. Anyone working in the tech business should be tightening their belts just in case they are the unlucky ones to be out of a job until the madness blows over.
> More often than not, the first thing I do when I sign up for a service is cancel it (after confirming I can use it for the billing period).
That's what I loved about Apple controlling their App Store subscriptions. All subscriptions keep working through the billing period and there isn't really anything an app can do about it. It also gave me an easy centralized place to view and cancel subscriptions.
Robbery may not be the main reason for a camera. Having a video of any incident that happens (broken equipment leading to injury, angry parent, etc.) would be valuable.
How do you find the place to buy the thing you're looking for?
I just tried asking ChatGPT where to buy a backpack I'm looking for and it just... did a search. It would have been considerably faster to just do the search myself instead of wade through the slop about how "This backpack is hard to find in stock, you'll need to buy it directly from the brand yada yada yada".
He's being overly dramatic, and it's not a "Judgment", it's simple economics. Seattle is basically out of landfill space, the Cedar Hills landfill is a 96.6% capacity, so all trash needs to be trucked out of state. To minimize the cost of doing that they encourage sending most of your waste stream to recycling or compost instead. Many of the local trash haul haulers provide nice large recycle and compost bins, but a tiny landfill waste container unless you pay extra, hence the necessary compacting and stomping. My hauler charges an extra $25 fee if the flip-down lid on the garbage container is not fully closed, and they send you a photo and video of your non-compliant container along with the bill.
Again, this is not a judgement or a mandate. You can pay for a larger garbage can or for a multiple garbage cans if you want to. But you have to pay for how your consumption habits impact the cost of disposal.
IIRC they got a judgement against them a long time ago and charged more per can to pay for it - but my memory may be off. All I know is all the older homes have trash compactors and there was something called the "Seattle Stomp" and it wasn't a dance. https://www.spokesman.com/stories/1995/jan/26/seattle-stomp-...
You do not recall correctly. That's not an article about Seattle. It's an article about Spokane, which is little college town close to five hours away from Seattle. There was no legal judgement, and there was no municipal government action here. A private corporation raised their prices, and their customers reacted by trying to get more for their money. John Smith's invisible hand continues to sculpt our reality.
There are areas of the city where instead of dumpsters, businesses and apartment complexes just put trash bags out in the alley/sidewalk for daily collection.
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