It's not a fear of “AI communism”; it's a fear of competitive market capitalism. 0 ▲ West Coast Stat Views (on Observational Epidemiology and more) 1 hour ago · Tech · hide · 0 comments From FT Alphaville: Still, while we’re doodling, it’s worth pondering once more whether the economics of making frontier models and monetising them before free-to-download open-weight versions catch up will really play out. According to Epoch AI we’re talking around four months of lead time: Apologies to regular readers who have been through all this before, but there's some essential context that needs to be kept top of mind for this story. We have already spent somewhere in the neighborhood of two trillion dollars on capital expenditures associated with the AI bubble. Major players are now a trillion plus dollars in debt. This is only on track to accelerate over the next few years. Capital expenditures are projected to total more than five trillion dollars by the end of 2030. God only knows what the borrowing would look like. The justification for all of this money assumes not only that the demand for large language model-based AI will be in excess of pretty much any technology to… No comments yet. Log in to reply on the Fediverse. Comments will appear here.