Do you have figures supporting that? Because so far everything I've seen points to current inference subscriptions being wildly unprofitable. It may be a bit dated, but I haven't seen any new reports on unit economics coming close. And forward projections for the data center side, which is the pure play of inference itself, says something like $40B of depreciation per year (assuming they take a full 10 years to depreciate) and maybe $15-20B of revenue to make up for that.
Now, we're still talking about "some analyst" and the most undifferentiated pure play for the underlying economics of inference itself as a whole, but I think that the latter, at least, should remain relevant because if the underlying inference doesn't work on current subscriptions, then nothing built on top of it without significant additional charge will.
Comments
Do you have figures supporting that? Because so far everything I've seen points to current inference subscriptions being wildly unprofitable. It may be a bit dated, but I haven't seen any new reports on unit economics coming close. And forward projections for the data center side, which is the pure play of inference itself, says something like $40B of depreciation per year (assuming they take a full 10 years to depreciate) and maybe $15-20B of revenue to make up for that.
And that was before he gave his updated depreciation figures here: https://futurism.com/future-society/ai-data-centers-finances
Now, we're still talking about "some analyst" and the most undifferentiated pure play for the underlying economics of inference itself as a whole, but I think that the latter, at least, should remain relevant because if the underlying inference doesn't work on current subscriptions, then nothing built on top of it without significant additional charge will.