AI companies have no network effects
even the hardware providers with proprietary programming languages such as CUDA have zero network effects -- with LLMs, you could easily translate between one programming, language and another
you can easily take your data, your code, and your text files and move to another service provider and use a different LLM
imagine investing in an entire ecosystem with zero moat and high valuations
anyone buying physical silver is a fool, but may not know you are a fool until you try and sell it.
silver brokers are happy to sell you silver but don't want to buy it from you.
giving an artificially intelligent external api access to your email, password manager and file system is going to end so badly.
π₯BREAKINGπ₯ clawdbot malware copies entire network credentials of ABC Inc to unknown caiman island server
π§¨
i recently learned that saylor built a dollar reserve. his shareholders should be embarrassed. at the very least he should have built a gold reserve if he wanted to hedge his btc risk and appease institutions.
so many bitcoin podcasts are garbage these days. seems like a way better use of time to just read bitcointalk forums or just have AI read forum posts to you.