Rohan Paul@rohanpaul_ai · XAI 摘要
David Sacks 称 AI 价值已从芯片、超大规模云服务商转移至 OpenAI 等模型公司，下一阶段看应用公司（如 Palantir）能否捕获价值。Brad Gerstner 指出，自有算力使成本固定，OpenAI 算力利润率从 35% 升至 70%，Anthropic 从 -94% 转正至 40%，物理电力成主要瓶颈。
David Sacks： AI first drove value to chips， then hyperscalers， then model companies like OpenAI. Now the real question is if next gains go to application firms or get absorbed by model makers. Palantir shows what AI can do for app companies.
Brad Gerstner (@altcap): AI economics flipped: firms with owned compute keep infra costs fixed while revenue scales. OpenAI's compute margins rose from 35% to 7...