We talk about revenue far later in a company’s lifecycle than we did before because high-tech, high-capex companies take a long time to become profitable.
Amazon is now the posterchild for this, but it happens in other industries like pharma a lot too. And in today’s stock market, where a fundamentally weak company like Tesla can trade at eye-watering multiples because of speculation, why worry about profitability at all? (Partly joking but that’s how people think.)
When and why we start expecting Anthropic to be profitable are great questions though.
Amazon has the world on lockdown though as the best place to buy stuff and get almost anything to my house in a day or so. I can use any AI model out there at ever decreasing razor thin margins and there is no moat or lock in at all. Nor do most people even need AI. I’ve certainly never and would never pay for AI anything. Anthropic is basically in the paper business, AI is a commodity at best, but maybe worse, because people actually need paper.
Amazon was unprofitable and not at all dominant for many years before reaching its current status. Books and groceries are also a race to the bottom of margins.
> Wow my first exposure to Andy Yen shouldn’t have been this one. I’m seeing a loser here and it’s not the engineer…
Yeah, I have no horse in the race as a non-user of Proton, but even if you completely removed AI from the situation entirely, if I worked for a CEO that ever used the term "loser thinking" non-sarcastically that would be enough to get me looking for another job.
And if I were a customer, get me looking for another provider.
Yeah, I don't care what the social media account manager's crisis management position is, I care about the direction the company is being steered in and the person doing the steering.
When biologists, botanists, etc. use the term "species", they are not using it in a principled way. The distinctions are oftentimes quite arbitrary, I'm very sorry to say.
For what it's worth, there isn't even much agreement on what constitutes a genus or species among professional philosophers of science (i.e. academics who care about giving a principled definition for species/genus), even for those that share many of the same views otherwise (like ur-Platonists, Aristotelians, Thomists, Scotists, etc.).
This is a broader fundamental question which you are better off asking AI to give you an overview. It involves various techniques like;
1) Paleo genomics i.e. DNA study of any surviving material.
2) Statistical study of Human Morphology i.e. variation w.r.t. current day human (and close primates?) biological structures. Eg. Current-day human cranium sizes vary within known limits. So if we find a fossil cranium which is outside these limits then there is a high chance it might be a different species.
3) Fossil dating shows different species (w.r.t. above data) occupying the same geography and within overlapping time periods.
reply