Subject: Re: Price to sales indicating sale!
Though I agree with your bullish outlook, I do expect their net margins to drift down over time, partly because of the huge ongoing costs of the new data centres to support the more compute intensive LLM-like services.

Hot Take: LLMs will follow an S-Curve; which is fine they will be "good enough" for many, while the cost to generate the models will fall dramatically.

tecmo
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