This whole company seems to optimize for raising money and impressing VCs. Lying about their products, ignoring consumer market to target enterprise, bragging about how they work their employees like slaves, and writing these posts full of intimidating technical jargon...

The error you call out is hardly “serious”, as the whole argument is uninteresting. It is a stupid indefensible error but the argument about revenue being 20% or 30% lower than reported isn’t that central to his overall thesis. Stuff that matters is inference cost, profitability, actual training costs.

To me it seems that SpaceX probably does not intend to buy, and is paying $10 billion for access to Cursor's data and talent, more importantly, the ability to add some sparkle to their IPO.

Many people here would call Putin's assassin a hero, the important distinguishing factor is whether it's a clear societal good or bad. If it's unclear then it's assumed bad.

I am not disagreeing with you here. But platitudes do nothing to convince people. You need to actually explain why the world is a better place with X politician in it, because it does actually matter.

Who knows? It could have always ended up this way anyway. But Altman had a pretty big role in summoning his own competition.

It's believable that Meta, ByteDance, etc. can catch up too. It is not certain that scaling will meaningfully increase performance indefinitely, and if it stops soon, they surely will. Furthermore, other market conditions (US political instability) can enable even more labs, like Mistral, to serve as compelling alternatives.

Uber, TSMC, etc. have strong moats in the form of physical goods and factories. LLMs have nothing even remotely comparable. The main moat is in knowledge, which is easy to transfer between labs. Do you think all the money that goes into training a model goes into the actual final training run? No, it is mostly experiments and failed ideas, which do not have to be repeated by future labs and offshoots.

I don't necessarily think he's lying, but there's so much obvious incentive for him to lie here (if only because his employees can save face).