Dylan Patel says Anthropic and OpenAI could control most of world compute by 2028

Dylan Patel argues that Anthropic and OpenAI are on track to control most of the world's usable compute by 2028, because they can monetize compute better and outbid others.

He estimates the labs grew from about 2 gigawatts each at the start of this year to above 5 gigawatts by year end. The discussion also covers whether roughly $10 trillion of AI capex could trigger a sovereign debt crisis through higher interest rates.