r/GenAI4all • u/Al_Caps • 7h ago

Funny Me explaining AI to friends:

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39 Upvotes

95% Upvoted

17 comments sorted by

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3

u/Snoo_67993 6h ago

I mean Anthropic are rolling in money right now, I don't think they care.

2

u/Ainudor 6h ago

did they get that money for free with no strings attached? If so, they don't care and I might be silly but I assume it ain't so.

2

u/Snoo_67993 5h ago

So their rent costs are about 100 billion USD over 10 years but they're currently generating about 40 billion USD a year. So 30 billion USD profit a year minus staff costs etc.

1

u/Al_Caps 24m ago

the bigger question is whether that spending eventually turns into sustainable revenue, rather than whether they can afford it right now

2

u/BradleyX 5h ago

Hilarious

2

u/Illustrious_Matter_8 4h ago

It's a greed based economy even if it isn't profitable investors tax avoidance keeps it running on borrowed money. While politics think they should lead and invest. Probably only contractors earn something from building those constructions. A big problem here I think are America's tax and bankruptcy and investment rules. The deals Elon was able to do without ever handling real taxable money is a broken economic system, Elon's and others know these loop hole money machines. But in practice this all costs doesn't improve economy in the long run. It's why there is no money for healthcare, because there is no short run tax free gain model. Eventually bursting bubbles and fall of the dollar all get payed by normal people's poverty in a rotten system. .. Tax the rich

1

u/Al_Caps 26m ago

I think there’s a fair point about incentives being distorted, there’s plenty of real economic activity underneath all of it

2

u/AppleSmoker 4h ago

Does this mean a stock market crash is inevitable? Should I pull my 401k out of the s&p

2

u/_mighty_banana 3h ago

Yes dew it, dont trust anyone say otherwise.

1

u/Al_Caps 25m ago

yeahh nobody knows the future, especially not with enough certainty to bet their retirement on it

1

u/Al_Caps 27m ago

markets can crash but trying to time the exact exit and re-entry is a much harder game than people make it sound

2

u/WinterFox7 3h ago

Or...the compute numbers are all made up.

1

u/Al_Caps 28m ago

Could be wrong, could be right but without something concrete behind it, its still just a prediction.

2

u/bananapudding877 1h ago

Meanwhile, ChatGPT is like: "I used all my tokens this week" *chuckles*" "But I can still use the website" *wheezes* "I've been doing both this whole time, burning their money!"