Nathan Lambert@natolambertNathan Lambert对前沿AI实验室估值持中间立场，认为它们不会立即价值30T，但最终会成为最大公司之一。引用推文指出，实验室持续亏损且被迫投入巨资训练下一代模型，因为竞争使暂停开发即失去市场价值。估值依赖“AI智能体将带来爆发式增长”的假设，但能力增长可能更慢、更受限，实验室难以长期亏损运营。
I'm somewhere in between this post and RSI， where the current valuations hold up， but the frontier labs don't immediately become worth 30T， rather have some challenging financial years and then end up being some of the biggest companies today.
Nathan Lambert对前沿AI实验室估值持中间立场，认为它们不会立即价值30T，但最终会成为最大公司之一。引用推文指出，实验室持续亏损且被迫投入巨资训练下一代模型，因为竞争使暂停开发即失去市场价值。估值依赖“AI智能体将带来爆发式增长”的假设，但能力增长可能更慢、更受限，实验室难以长期亏损运营。
I'm somewhere in between this post and RSI， where the current valuations hold up， but the frontier labs don't immediately become worth 30T， rather have some challenging financial years and then end up being some of the biggest companies today.