NVDA will crash when the AI bubble implodes, and none of those Generative AI companies are actually making money, nor will they. They have already hit limiting returns in LLM improvements after staggering investments and it is clear are nowhere near general intelligence.
All of this can be true, and has nothing to do with them having a business model.
> NVDA will crash when the AI bubble implodes,
> making money, nor will they
> They have already hit limiting returns in LLM improvements after staggering investments
> and it is clear are nowhere near general intelligence.
These are all assumptions and opinions, and have nothing to do with whether or not they have a business model. You mightn't like their business model, but they do have one.
I consider it a business model if they have plans to make money at some point (no sign of that at openai which are not based on hopium) and are not engaged in fraud like bundling and selling to their own subsidiaries (nvda).
These are of course just opinions, I’m not sure we can know facts about such companies except in retrospect.
