alt Hacker NewsHow does this benefit the regulated? I'd say it dooms the regulated:
* with the government requiring the regulated to obtain approval to add each customer, they're losing a massive number of their customers
* and even if a customer gets approved, every such customer now sees that access to the regulated can (and has been) shutoff with no notice if the gov doesn’t like the provider or customer - it's now a massive supply chain risk for any customer to use a regulated provider
* the regulated losing a massive part of their customer base for both of the above reasons means significant impairment of their revenue, as well as their valuation, and staying ahead of their competitors and open models requires massive ongoing investment
Open models are mere months behind.
> they're losing a massive number of their customers
Who are they losing them to? They're the only game in town.
> it's now a massive supply chain risk for any customer to use a regulated provider
But seeing as there is no alternative use them they will.
> the regulated losing a massive part of their customer base
But they aren't. Access to existing models isn't being pulled. It is only access to previously unreleased models that is being restricted going forward.
> Open models are mere months behind.
Presumably the government will strategically ease restrictions as open models gain ground.