[stanfordkid]

They are bringing in $30B in revenue with 3X YoY growth. Why do you think it is a "jig"? I do think the US economy could implode, but thats because of war and wealth inequality in the midst of hyper-inflation. AI models aren't very useful when you have penniless consumers that can't buy the products they help build. All this is to say: the models are valuable, the companies building and providing them are very valuable.

The biggest risk to AI companies IMO is further optimization and distillation of the capabilities into smaller and more efficient models. The moat these companies have right now is that higher intelligence requires more specialized and expensive compute. If you can do that for cheap then it kind of negates their business model. Everything is moving fast, we also yet to see world models/embodied AI and how that impacts thing. I think we've reached the peak with regards to capabilities of pure text trained LLMs.