Super helpful read, thanks for another awesome writeup!
I'd love to hear your thoughts on the "lower cost of ownership" angle played forward. Running these models is expensive (Ex. ChatGPT is likely ~$100k/day https://twitter.com/tomgoldsteincs/status/1600196995389366274?s=20) so it seems plausible that the providers will need to turn the pricing dial up soon (even as the cost of compute continues to fall, it'd be a multi-year timeline before it makes LLMs super cheap).
How do you think the companies built on these FMs should plan for those increases? Is it a case of creating enough value for a vertical where your customers are ok paying up down the line?
Very insightful content. As an entrepreneur in the same space, this article was really helpful in understanding the current rapid progress and trends across industries in generative AI space. Looking forward to more such content. Cheers.
Super helpful read, thanks for another awesome writeup!
I'd love to hear your thoughts on the "lower cost of ownership" angle played forward. Running these models is expensive (Ex. ChatGPT is likely ~$100k/day https://twitter.com/tomgoldsteincs/status/1600196995389366274?s=20) so it seems plausible that the providers will need to turn the pricing dial up soon (even as the cost of compute continues to fall, it'd be a multi-year timeline before it makes LLMs super cheap).
How do you think the companies built on these FMs should plan for those increases? Is it a case of creating enough value for a vertical where your customers are ok paying up down the line?
Very insightful content. As an entrepreneur in the same space, this article was really helpful in understanding the current rapid progress and trends across industries in generative AI space. Looking forward to more such content. Cheers.
where'd you source $100B in saas spend?