Gary Marcus: Without Government Bailout, OpenAI and Anthropic Might Collapse

Golden Finance reports that renowned AI expert and cognitive scientist Gary Marcus has once again expressed skepticism about OpenAI and Anthropic. He stated that without government intervention, there is a "high probability" that both companies "might collapse." If they cannot achieve stable profitability, taxpayers are under no obligation to bail them out. This is not the first time Marcus has made a similar prediction. As early as 2024, he forecasted that the generative AI bubble was about to burst, though his prediction about the timing of the collapse has yet to materialize. This time, Marcus attributed the pressure to the rise of Chinese models, companies beginning to control token consumption, and the difficulty both companies face in justifying valuations nearing a trillion dollars with their current profitability. His concerns are not unfounded. OpenAI reported $5.7 billion in revenue in the first quarter but burned through $3.7 billion in cash. Meanwhile, Chinese models like Kimi K3 are approaching the performance of top-tier U.S. closed-source models at significantly lower prices.