On: Goldman Sachs says the return on investment for AI...

[llm_trw]

The question is if their holdings will melt faster than they can develop the capability to use the new AI better than the small fries going after them.

So far this year the main thing slowing down development for us has been the SEC seizing our development boxes for insider trading once a month or so. Which given that each cost $50,000 has been something of a sore point.

[RandomLensman → llm_trw]

Some of the "small fry" might get big, but similarly some of the big players will stay big - even pre-AI there have been sizable shifts in AUM.