Comment on 70% of AI revenue comes from OpenAI and Anthropic [video]parentComments−lokar1moThe general concern (from him and others) is that the cloud providers are making extremely large capex commitments (borrowing, going cashflow negative) to satisfy demand from a small number of customers who may not be able to pay them.−re-thc1moto satisfy demand from a small number of customers who may not be able to pay themBecause a lot of isn't real demand, e.g. given away for free or very very cheap.−lokar1moThat’s really secondary, they don’t have the money and it’s not clear they will.−jryle701moLike DeepSeek's?
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The general concern (from him and others) is that the cloud providers are making extremely large capex commitments (borrowing, going cashflow negative) to satisfy demand from a small number of customers who may not be able to pay them.
Because a lot of isn't real demand, e.g. given away for free or very very cheap.
That’s really secondary, they don’t have the money and it’s not clear they will.
Like DeepSeek's?