The economics of airlines are such that they generally earn a return on capital less than cost of capital.

I think this is exactly where we are heading and OAI-Anthropic are the concordes.

If not lower priced chinese offerings will be better as its cheaper per token - giving you more attempts to offset the variance.

My feeling on the former is no... I believe they tried really hard but they've settled on pure marketing now to attempt to fight off the chinese with perceived superiority in quality.

The customers of these tokens need to see returns on their projects that exceed the cost of financing.

Laying people off only goes so far.

If enough said firms don’t see enough value given the price of frontiers they will cancel and consume open source. This is the risk the frontier labs are exposed to.

You financially benefit from stuff like agents. Of course you will be the last to admit publicly when things aren’t quite heading in the right direction. The gap between hype and reality is ever increasing.

Both implicit and explicit..?

Thats why most here shouldn’t engage in the discussion - they parrot on about benefits without identifying and articulating the costs and moreover how it affects the firms financial position.

The move to buy up ram is straight out of a industrial organisation textbook.

Funny to see the change of tone - a lesson for people not to get too ahead of themselves.