Trading firms could control meaningful amounts of compute by 2030

It's pretty crazy that right now, the highest margin thing to do with these models seems to be simply selling them through an API. Dwarkesh's blog prize [1] questioned how this dynamic could ever result in lab profitability, simply because the scale of reinvestment into model training and research requires constantly reinvesting more than you're making. Well, Anthropic is likely already profitable, [2] and it hasn't required any of the schemes I saw proposed in answers to his question. It turns ...