It’s how every tech company that “disrupts” a market or indistry works. Uber started of burning shit tons of cash operating at a loss till it replaced enough Taxi services then jacked up the prices.
The problem with AI is that they cannot increase the prices enough to be profitable. The AI companies are waiting for future hardware tech that will be energy efficient enough to make AI profitable before they run out of capital to burn.
It’s how every tech company that “disrupts” a market or indistry works. Uber started of burning shit tons of cash operating at a loss till it replaced enough Taxi services then jacked up the prices.
The problem with AI is that they cannot increase the prices enough to be profitable. The AI companies are waiting for future hardware tech that will be energy efficient enough to make AI profitable before they run out of capital to burn.