Quoting Dean W. Ball

Summary

This is a bad state of affairs. Consider, in particular, some industry dynamics: Frontier models are trained at an enormous cost, and a significant fraction of that cost is recouped in the few post-release months that they are broadly available. After that period elapses, the models become sub-frontier, competition emerges, and margins compress. Every week of delay is eating into the narrow window that labs have to make their accounting work. The ongoing AI infrastructure buildout—the one that i

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