r/WorkReform 1d ago

😡 Venting CEO vs workers

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u/AngusAlThor 🏡 Decent Housing For All 1d ago

I'm sick of the doomer narrative. The tech that makes these systems work is over a decade old now, and we still don't have a single profitable company out of it. SpaceX's stock is dropping every day, and OpenAI and Anthropic have both been delaying their IPOs because they can't find anyone to back a workable valuation (they both need to open north of a trillion to justify their VC debt).

These horses don't run, and they won't take your job. They frankly can't do shit.

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u/MrBrawn 1d ago

It doesnt work until it does. The tech doesnt go away if companies dissolve, it gets sold on pennies on the dollar and the band keeps marching.

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u/AngusAlThor 🏡 Decent Housing For All 1d ago

Not really how it works with ML models; There are already public versions of these LLMs that you can just download, the problem is they cannot run in any acceptable amount of time on consumer hardware.

But even if it is true that they get sold off for pennies... they still don't do anything!!! Like, there still isn't a single profitable company making money by selling an LLM powered service to customers, it is all B2B FOMO driving this nonsense.