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The AI that we'll have after AI (Doctorow)
(pluralistic.net)
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this post was submitted on 16 Oct 2025
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Venture capital drying up.
Here's the thing... No LLM provider's business is making a profit. None of them. Not OpenAI. Not Anthropic. Not even Google (they're profitable in other areas, obviously). OpenAI optimistically believes it might start being profitable in 2029.
What's keeping them afloat? Venture capital. And what happens when those investors decide to stop throwing good money after bad?
BOOM.