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by JCM9
344 days ago
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The problem with this picture though is you’re spending 10 grand a month on a product someone else is losing 10 grand a month selling you. It’s beginning to look like a house of cards. The finances of many of these companies are on shaky grounds and they claim “profit” without accounting for the true costs of what they’re doing (eg not counting model training in the COGS when the useful life of a model in 2025 is very limited). When investors realize the returns won’t be there and shut off the free cash taps the party will be over. |
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