I’m also worried about the circular deals and financing. I recognize there’s no GPU that isn’t used at 100% capacity right now, however trillions of CapEx, even with the boldest estimates, feels off. However, I don’t want to miss the proverbial party so I’ll likely keep my existing positions
You can at least take comfort knowing you’re not alone in keeping your positions! IMO there’s not a realistic way to justify the CapEx spending at this point, so it’s now more of a question of whether we can hit a “soft landing” when it comes to the commitments and valuations.
See, this is the level of customer service that separates Artificial Ignorance from some of those other newsletters. I asked Dan Nest to kidnap Altman last week, and he flat out refused!
I’m also worried about the circular deals and financing. I recognize there’s no GPU that isn’t used at 100% capacity right now, however trillions of CapEx, even with the boldest estimates, feels off. However, I don’t want to miss the proverbial party so I’ll likely keep my existing positions
You can at least take comfort knowing you’re not alone in keeping your positions! IMO there’s not a realistic way to justify the CapEx spending at this point, so it’s now more of a question of whether we can hit a “soft landing” when it comes to the commitments and valuations.
I'm pretty excited about what we'll be able to do w/the builders, and also share your concerns about the rest of the world using these tools.
Is there any way only I can use them, and not everyone else? That seems safer.
I don’t know for sure - I’ll have to get a job at OpenAI and report back.
See, this is the level of customer service that separates Artificial Ignorance from some of those other newsletters. I asked Dan Nest to kidnap Altman last week, and he flat out refused!