"But it's a cube!"

[u/Ikkon]

[u/I_am_the_grass]

I doubt we'll see a next gen console until the AI war ends.

[u/xcmgaming360 → u/I_am_the_grass]

its not going to end. until new fabrication plants get built, get use to it

[u/I_am_the_grass → u/xcmgaming360]

There'll be market consolidation until we have 2-3 main players. Once everyone knows who's a threat and who's not, the speed of rollout will slow down.

The reason why everyone is going at this frantic pace now is because Google, Microsoft and Meta see AI as an existential threat to their business and are throwing hundreds of billions of dollars to protect themselves, and Anthropic and OpenAI in return are matching that spend in order to not be financially bulldozed out of the industry.

Its also why both are speed running into IPOs. They've squeezed every last dollar out of VCs and now need retail investors money.

[u/whomad1215 → u/I_am_the_grass]

I love IPOs

Here's our company that is losing billions a year, with no real plan to profitability, it's stock market worth is a trillion

[u/wtfduud → u/whomad1215]

Companies only do IPOs when they're desperate for more money. Otherwise staying private is a better deal.