Why Wall Street is ignoring big tech's debt [video]

Post by borzi » Wed, Aug 12, 2026, 11:43 AM UTC

busyant wrote: post #101

borzi wrote: post #21

Earlier quoted context omitted.

The reason uber didn't loose that much business is because it replaced the established businesses and left most consumers with little alternative. That's not the case with AI - unless the frontier labs achieve AGI or some sort of super intelligence that lets them create infinite economic value (at which point, any further discussion is pointless for obvious reasons), the average worker can do most of their tasks with…

> the average worker can do most of their tasks with 5% of the api costs using an open source model from China and achieve the same results. Are you also going to tell me that everyone will be switching to their favorite Linux desktop distribution over Mac & Win because it's "free"?