141–150 of 322 posts
It's interesting that Amazon don't appear interested in acquiring Anthropic, which would have seemed like somewhat of a natural fit given that they are already partnered, Anthropic have apparently optimized (or at least adapted) for Trainium, and Amazon don't have their own frontier model. It seems that Amazon are playing this much like Microsoft - seeing themselves are more of a cloud provider, happy to serve anyone…
Earlier quoted context omitted.
It was "writing 90% of the code", which seems to be pretty accurate, if not conservative, for those keeping up with the latest tools.
Yes, those using the tools use the tools, but I don't really see those developers absolutely outpacing the rest of developers who do it the old fashioned way still.
That S1 is gonna make for a fun read. It'll make Adam Neumann blush.
Because of unprofitability? ARR and growth are very high, and margins are either good or can soon become good. Is the claim that coding agents can't be profitable?
This is always the pitch for money-losing IPOs. Occasionally, it is true.
That S1 is gonna make for a fun read. It'll make Adam Neumann blush.
Because of unprofitability? ARR and growth are very high, and margins are either good or can soon become good. Is the claim that coding agents can't be profitable?
Their margins are negative and every increase in usage results in more cost. They have a whole leaderboard of people who pay $20 a month and then use $60,000 of compute.
This seems contrary to their stated goal to prioritize AI safety. It is against the law to prioritize AI safety if you run a public company. You must prioritize profits for your shareholders.
Honestly these IPOs are likely to kill the market. Once the necessary disclosures are out, and the worse-case math people are assuming turns out to have been way more optimistic than the actual truth, the entire market is likely crashing since the money is so spread out. So far there has been zero good news from an investment perspective out of LLM centered companies outside of what are ultimately just complex financ…
If they get into the S&P 500 at a $300B market cap that puts them at #30, just behind Coca-Cola. They'll make up about half a percent of the index and then will have a ready supply of price-insensitive buyers in the form of everybody who puts their retirement fund into an index fund on autopilot.
Earlier quoted context omitted.
Yes, those using the tools use the tools, but I don't really see those developers absolutely outpacing the rest of developers who do it the old fashioned way still.
I think you're definitely right, for the moment. I've been forcing myself to use/learn the tools almost exclusively for the past 3-4 months and I was definitely not seeing any big wins early on, but improvement (of my skills and the tools) has been steady and positive, and right now I'd say I'm ahead of where I was the old-fashioned way, but on an uneven basis. Some things I'm probably still behind on, others I'm way…
It's interesting that Amazon don't appear interested in acquiring Anthropic, which would have seemed like somewhat of a natural fit given that they are already partnered, Anthropic have apparently optimized (or at least adapted) for Trainium, and Amazon don't have their own frontier model. It seems that Amazon are playing this much like Microsoft - seeing themselves are more of a cloud provider, happy to serve anyone…
Why are you assuming Anthropic is for sale? They have a clear path to profitability, booming growth, and a massive and mission driven founding team. They could make more money keeping control of the company and have control.
It's interesting that Amazon don't appear interested in acquiring Anthropic, which would have seemed like somewhat of a natural fit given that they are already partnered, Anthropic have apparently optimized (or at least adapted) for Trainium, and Amazon don't have their own frontier model. It seems that Amazon are playing this much like Microsoft - seeing themselves are more of a cloud provider, happy to serve anyone…
Why are you assuming Anthropic is for sale? They have a clear path to profitability, booming growth, and a massive and mission driven founding team. They could make more money keeping control of the company and have control.
Honestly these IPOs are likely to kill the market. Once the necessary disclosures are out, and the worse-case math people are assuming turns out to have been way more optimistic than the actual truth, the entire market is likely crashing since the money is so spread out. So far there has been zero good news from an investment perspective out of LLM centered companies outside of what are ultimately just complex financ…
If they get into the S&P 500 at a $300B market cap that puts them at #30, just behind Coca-Cola. They'll make up about half a percent of the index and then will have a ready supply of price-insensitive buyers in the form of everybody who puts their retirement fund into an index fund on autopilot.
Everybody who puts their retirement fund into an index fund are buying the index fund without relation to the index fund's price (aka price insensitive). But the index fund itself is buying shares based on each company's relative performance, hence the index fund is price sensitive. That is evidenced by companies falling out of the SP500 and even failing.
*specifically float-adjusted market capitalization
https://www.spglobal.com/spdji/en/documents/index-policies/m...
>The goal of float adjustment is to adjust each company’s total shares outstanding for long-term, strategic shareholders, whose holdings are not considered to be available to the market.
see also:
https://www.spglobal.com/spdji/en/methodology/article/sp-us-...