We laughed at her at the time, but in the age of AI bubble circular financing, Peg Bundy feels like a true visionary.
From Ed Zitron:Let me spell it out in a way that boosters can understand, in the style of Gillam Fitness: Anthropic not have money to pay big cloud bills, because Anthropic company cost lots of money, more money than Anthropic make! So Anthropic only PAY cloud bills if OTHERS give it money! Amazon GIVE MONEY to Anthropic to GIVE BACK TO AMAZON, which mean no profit! And Amazon not give Anthropic enough money to pay it, so Anthropic have to ask OTHERS for money! That BAD! It mean BUSINESS not STABLE, and CLIENT not STABLE. This bad when client MOST OF AI MONEY!This ALSO mean that Anthropic RELIANT on OTHERS to pay AMAZON, which make AMAZON dependent on VENTURE CAPITAL for FUTURE REVENUE! Amazon SAY it have BIG BUSINESS, but BIG BUSINESS dependent on ANTHROPIC, which mean BIG BUSINESS dependent on VENTURE CAPITAL!This SAME for GOOGLE! Both say they have BIG CLIENT, but BIG CLIENT MONEY not supported by REVENUE, so BIG CLIENT actually mean “HOW MUCH VENTURE CAPITAL MONEY ANTHROPIC HAVE.”…
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