The Chinese are coming after these greedy-ass frontier labs. Today Xiaomi unveiled it's own inference machine .... I bet it's gonna be cheaper than Nvidia DGX, shipped with open source models that anybody can have at home.
I'm not sure I could characterize the frontier labs as greedy, given that they've been consistently losing gargantuan amounts of money.
The people who give them the money are greedy, and hopefully in for a rude awakening. Starting from Nvidia's vendor financing which has a very direct benefit to them, through to every company and oligarch investing into data centres in the hopes of being one of the ones left capitalizing on capturing the livelihoods of the majority of what remains of the "middle class".
It's either hopium or a truly horrific dystopia. Something's going to have to give.
But can these really be trusted? There was just a HN post which proofed that you can train a model to behave completely different on a certain day. How do we now, that these models do not find a way to call home when they see interesting informations (probably irrelevant on a personal level, but corps, government and military might care).