If you put any faith in claims made by OpenAI's "Head of Strategic Futures," then it's hard to believe these models are just the result of distillation.
if they are cautious, what would make them invest in newer bigger models without the expected return? generosity?
So much money has been invested in Anthropic and OpenAI at this point that to declare it a loss and walk away could potentially destroy a lot of VC firms, and a non-trivial chunk of the US Economy.
do you know how ROIC is calculated?
Good luck hiding your huge sunk cost of bilions and billions in there bro. I wish people who had zero understanding of actual finance would never comment about it.
Moreover if they declare their existing assets are bunk, the valuation is marked down, especially after now pricing in failure risk - this is catastrophic for VC's.
Again, bro, just be quiet.
Outside of future choices, what in the world is sunk cost fallacy in fact relevant to? Do you understand words?