- What if Google didn't have more money than god, and couldn't afford to bankroll Waymo ~10b?
- Would TSMC have gotten as far if Apple couldn't reliably buy out months of capacity on the next node, bankrolling TSMC's tech development?
- Would we even have >10B-param LLMs at all?
There is something to be said for the concentration of resources, such that they can be deployed on projects with payoffs years or decades later. The same could be said for all the tech that came out of Bell Labs or PARC. Advocating for smaller businesses is advocating for shorttermism to some degree; even startups today are funded based on the premise that they could potentially capture an entire market in a few years.
- Would TSMC have gotten as far if Apple couldn't reliably buy out months of capacity on the next node, bankrolling TSMC's tech development?
- Would we even have >10B-param LLMs at all?
There is something to be said for the concentration of resources, such that they can be deployed on projects with payoffs years or decades later. The same could be said for all the tech that came out of Bell Labs or PARC. Advocating for smaller businesses is advocating for shorttermism to some degree; even startups today are funded based on the premise that they could potentially capture an entire market in a few years.