> That also doesn't preclude LLM services from being massively successful, they'll just have to justify the pricing and complexity that comes with their adoption, just like any other product.
What is completely different from every other product is how much they’re spending, and how much they’re obligating themselves to spend going forward. I think there’s a very good chance that the existing providers could be miles underwater coming out of this. Even if the business is not the everything to everybody that they’re banking on it being, they still owe all of that money back to the people they borrowed it from, and they will be a lot less likely to float them cash to get them back to a normal operating mode if they burned the last ocean of cash promising the universe and winding up with “oh yeah, that’s pretty useful sometimes.”
