Could you say: the only way to keep an unprofitable business alive for a 5 year period is the money printer?
So, modern fiat, which the closer you get to Bitcoin, the more obvious its dieing, is prop...
The $792B cumulative cloud compute cost is the truly shocking figure here.
If they can't achieve massive orders of magnitude improvements in model efficiency (either in training or inference costs), or if they can't build their own infrastructure to significantly undercut hyperscaler prices, then the current financial projection is simply unsustainable without an infinite supply of new equity. The core problem is compute deflation not keeping pace with model complexity inflation.
If they can't achieve massive orders of magnitude improvements in model efficiency (either in training or inference costs), or if they can't build their own infrastructure to significantly undercut hyperscaler prices, then the current financial projection is simply unsustainable without an infinite supply of new equity. The core problem is compute deflation not keeping pace with model complexity inflation.
❤️4