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OpenAI demand sinks on secondary market as Anthropic runs hot

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Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#41

Post by afavour »

strongpigeon wrote: post #37
GenerWork wrote: post #33

Earlier quoted context omitted.

I dropped Claude Code months ago. I'm just an amateur who plays around with bringing screens in from Figma and turning them into websites so I can get practice with AI tooling, but their limits were absurdly low on the $20 plan. Codex, for now, is much better in terms of daily limits.

The amount of tokens you get on Codex for $20/mo compared to Claude Code is indeed insane.

And probably unsustainable. OpenAI desperately needs to catch up so they’ll throw yet more cash at it, while Anthropic are market leaders in this particular space.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#42

Post by TheAceOfHearts »

neya wrote: post #36

Man, for some reason the ass kissing of Claude is just insane. Claude this, Claude that. I do Elixir for a living and Claude is just absolutely garbage in comparison to Gemini Pro. But hey, everyone hates Google - despite them being the only model provider that is competent and the one that explicitly states for paid providers that they do not use any of our data for training right under the chatbox. And Anthropic is…

Gemini is great, but when I last tried it it wasn't as good as Claude Code with agentic workflows. When I tried Antigravity is was very unreliable, like the tooling had yet to catch up to the model such that it wasn't able to fully leverage the model's intelligence and capabilities. I think it comes down to how you're using the models, so I'll ask: how are you interfacing with the LLM?

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#43

Post by marcosdumay »

TheRoque wrote: post #28
donkeyboy wrote: post #23

I think the main point is that these two companies have been thought of as equals. Yet OpenAI has a 850B valuation while Anthropic has a 380B valuation. So that means either OAI is overvalued, or Anthropic is undervalued. If you believe they are roughly equal, then it makes sense to have demand for Anthropic.

Your logic is flawed, comparing them doesn't mean anything about their absolute valuation, they could be both overvalued or both undervalued too

But if you are going to put some money in one of those companies, you would pick the cheaper one that has more of a moat.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#44

Post by afavour »

yalogin wrote: post #13

I don’t know why anyone would want to invest in OpenAI on the open market. They are wildly over priced, very much in the red, don’t have the momentum at this time. Their pitch is “trust us even though we are losing money every quarter we are building the user moat”. That is not their strength at this point. Llms have shown they are $ hungry and only enterprises have a proper use case for them. As evident from anthrop…

> I don’t know why anyone would want to invest in OpenAI on the open market

I can only assume hype. That’s why Sam Altman has the job he has. You don’t see the CEO of Anthropic going on the Tonight Show. He’s there to bring OpenAI to the forefront of people’s minds, and uninformed investors will follow.

All catches up to you eventually though.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#45

Post by GenerWork »

afavour wrote: post #41
strongpigeon wrote: post #37

Earlier quoted context omitted.

The amount of tokens you get on Codex for $20/mo compared to Claude Code is indeed insane.

And probably unsustainable. OpenAI desperately needs to catch up so they’ll throw yet more cash at it, while Anthropic are market leaders in this particular space.

It probably is unsustainable, but until they change it I'm sticking with Codex.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#46

Post by therobots927 »

“First of all, we’re doing well more revenue than that. Second of all, Brad, if you want to sell your shares, I’ll find you a buyer,” Altman said, prompting laughs from Nadella. “I just — enough. I think there are a lot of people who would love to buy OpenAI shares.”

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#47

Post by surgical_fire »

donkeyboy wrote: post #23

I think the main point is that these two companies have been thought of as equals. Yet OpenAI has a 850B valuation while Anthropic has a 380B valuation. So that means either OAI is overvalued, or Anthropic is undervalued. If you believe they are roughly equal, then it makes sense to have demand for Anthropic.

Maybe both are overvalued.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#48

Post by vrganj »

yalogin wrote: post #13

I don’t know why anyone would want to invest in OpenAI on the open market. They are wildly over priced, very much in the red, don’t have the momentum at this time. Their pitch is “trust us even though we are losing money every quarter we are building the user moat”. That is not their strength at this point. Llms have shown they are $ hungry and only enterprises have a proper use case for them. As evident from anthrop…

I generally think the frontier model labs are doomed as businesses. There's just no economic case for them, especially when a few months later open source models catch up.

Re: OpenAI demand sinks on secondary market as Anthropic runs hot

#50

Post by strongpigeon »

yalogin wrote: post #13

I don’t know why anyone would want to invest in OpenAI on the open market. They are wildly over priced, very much in the red, don’t have the momentum at this time. Their pitch is “trust us even though we are losing money every quarter we are building the user moat”. That is not their strength at this point. Llms have shown they are $ hungry and only enterprises have a proper use case for them. As evident from anthrop…

I they tread very carefully, I do think their free+ads strategy has a huge potential payoff.
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