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an0malousyesterday at 9:09 PM0 repliesview on HN

This entire year with the IPOs and now this is because there's a trillion dollars betting on AI and they all know they have no moat, there's no more training data and they're seeing diminishing returns on scaling anyway, and it's inevitable that smaller, open-source models will catch up and become competitive. It's a complete disaster, the tech industry is broken.