retired football writer
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![While on one hand, Altman, Amodei, Musk, and the rest of them know that they can’t roll back the narrative and say “everyone, stop freaking out, it’s fine, it’s just cloud software,” they also know that they have to do something because everybody is pissing their pants, even if it’s about something that is only really scary as a direct result of their scaremongering. I’ve already seen a good amount of AI boosters trying to rein in Jacob Coxon’s scaremongering, or suggest that everybody calms down and remembers that AI is the biggest thing on the stock market. At this point, it would’ve been really nice if the industry was operating in lock-step, except, as ever, Sam Altman had to go and fuck everything up, telling Fortune the following when asked whether pauses would cost the company a lot of money: I’d [gladly go in front of my staff and investors and say] I am sorry. We, like, told you all along this moment might happen. We're still going to try to figure out a way to make you](https://pbs.twimg.com/media/HSMds5UXUAAmwMT.jpg?name=orig)
ALT While on one hand, Altman, Amodei, Musk, and the rest of them know that they can’t roll back the narrative and say “everyone, stop freaking out, it’s fine, it’s just cloud software,” they also know that they have to do something because everybody is pissing their pants, even if it’s about something that is only really scary as a direct result of their scaremongering. I’ve already seen a good amount of AI boosters trying to rein in Jacob Coxon’s scaremongering, or suggest that everybody calms down and remembers that AI is the biggest thing on the stock market. At this point, it would’ve been really nice if the industry was operating in lock-step, except, as ever, Sam Altman had to go and fuck everything up, telling Fortune the following when asked whether pauses would cost the company a lot of money: I’d [gladly go in front of my staff and investors and say] I am sorry. We, like, told you all along this moment might happen. We're still going to try to figure out a way to make you
ALT In fact, the very concept of a slowdown runs contrary to everything that the AI industry needs. If NVIDIA is to sell $670 billion or more GPUs in Fiscal Year 2028 or, per analyst expectations, Anthropic and OpenAI are to spend more than $444 across Google, Microsoft and Amazon in the next three years, or Broadcom is to sell nearly $600 billion in AI chips in the next three years, both Anthropic and OpenAI must keep and make their $1.3 trillion in compute commitments and support the development of 10GW or more of capacity, all of which requires them to continue accelerating at a dramatic pace. Softbank just raised $11.87bn in debt from around twenty banks — all to support its investment in OpenAI, and more than its target of $10bn — and that wouldn’t be possible if the model labs had collectively decided to temper the pace of model development. There is no way a “slow down” actually gels with the overall narrative of AI’s rapacious growth. As Anthropic and OpenAI represent 70% of hyp
