72 pointsby bryanrasmussenApr 18, 2026

12 Comments

ameliusApr 18, 2026
Also nobody will ever have a moat, so the graph of investor stupidity is going through the roof.
aspenmartinApr 18, 2026
Of course they will. Tokens are valuable, you can always spend a finite budget on specialized tokens or fewer and higher quality tokens, size of user base and engagement gives you a flywheel moat that is difficult for newcomers to compete with. The market is complex and easy to oversimplify.
bryanrasmussenApr 18, 2026
My new startup tokencoin will blah blah blah exchange rate, (something AI writes here), 3. profit (more AI), benefiting all human kind and helping our users scale up their productive intelligence!
bryanlarsenApr 18, 2026
It's hard and complex to enter any mature market. The vast majority of firms that attempt to enter a new market fail. LLM's have no more than this normal moat.
aspenmartinApr 18, 2026
Well yes that’s my point: AI does not suddenly do away with the market.
SilverElfinApr 18, 2026
Isn’t capital and momentum a moat? Sure Chinese models use distillation but I don’t see them training models from scratch. At least not today. But maybe as chips get cheaper and they have Chinese made ones?
swiftcoderApr 18, 2026
> Isn’t capital and momentum a moat?

Apparently not much of one. There are, what, 5 or more companies with frontier models? And open weights models like MiniMax are snapping at their heels

SilverElfinApr 18, 2026
I’m not technically familiar but I remember someone saying that models like MiniMax basically skip the cost of training by using distillation to basically “steal” the models from OpenAI or Anthropic, and that these companies now have various defenses against this. What happens when MiniMax has to do the full work themselves?
lelanthranApr 18, 2026
Why would they have to do it themselves?
NevermarkApr 18, 2026
There are many markets where open source has been nipping at heels for a long time.

Obviously product areas differ for reasons structural and happenstance. But there is definitely a pattern that occurs, where open source fast follows commercial advances, benefiting from having a clear target to develop for.

Which is of course, a great service. Even if it never unseats the commercial version, it forces the owners to reinvest more in improvements, by undermining their moats. As well as providing a much better value alternative version for many people.

ameliusApr 18, 2026
And it does not even consider that e.g. the EU might one day decide that AI should be for everyone, thus releasing a heavily subsidized open source model.

Or that at some point AI is good enough, and so at that point any model will do.

bossyTeacherApr 18, 2026
>Chinese models use distillation but I don’t see them training models from scratch

Maybe because they don't have to. If someone is doing the heavy work and they can take output of that, it's a win for them.

hydrocompleteApr 18, 2026
I still don't understand the State of AI in 2026.
bix6Apr 18, 2026
China’s robotics lead holy cow.
alex43578Apr 18, 2026
China’s manufacturing lead in a graph
ranger_dangerApr 18, 2026
Don't they have ten times more people than the next highest country (Japan) though?
xnxApr 18, 2026
It striking, but says nothing about AI.
kronaApr 18, 2026
The graph says "new industrial robots installed", which is a bit misleading. For example the newest BYD factories are still stuffed with German/Japanese robots.
TeeverApr 18, 2026
What's worse is that this the predictable result of a choice that America made decades ago and continues to make.

Outsourcing manufacturing capacity to China and letting domestic manufacturing skills atrophy and institutional knowledge die out was a choice that many people opposed but were ultimately helpless to stop because the people making the decisions ignored them and did it anyways for personal gain is how we got here.

You'd think that the supply chain shocks that we saw during COVID would be a wake up call that would have jolted people into action.

You'd think that Ukraine-Russia war would have been a wake up call that would have jolted people into action.

You'd think that the recent failures by the US military in Iran and the depletion of years of missile stockpiles would have been a wake up call that would have jolted people into action.

I'm at a loss to explain it. It's like the American oligarchs want to weaken America, or at least are willing to do so if it means that they have greater control over it. Maybe they don't care about manufacturing capacity because they know that America is ultimately a nuclear protected island and that even if things continue to decline they'll be safe to rule it like a king?

TanocApr 18, 2026
> It's like the American oligarchs want to weaken America, or at least are willing to do so if it means that they have greater control over it.

The capital holders want it under their control. The fact that it harms the state is a consequence they ignore, or worse, believe that other people will deal with. There is not thought given to how much harm will be caused, because the harm is seen as part of the process used to acquire that control. It's the sort of thinking that aligns with beating a dog to teach it not to bark and then ignoring the cataracts that form from the repeated blows.

bszaApr 18, 2026
They also lead the world in EV production on paper, but in practice a large portion of those numbers might be driven by government pressure, not actual demand [1].

I’d personally take this data with a big grain of Goodhart’s law.

[1]: https://www.bloomberg.com/features/2023-china-ev-graveyards/

signatoremoApr 18, 2026
That's the lead in industrial robot installed. That lead is understandable because of manufacturing concentration in China. Here are 10 top robot makers, none of them are Chinese (*), and five are Japanese:

https://manufacturingdigital.com/top10/top-10-industrial-rob...

(*) Kuka was a top German maker who got acquired by Chinese company Midea recently

cloud-oakApr 18, 2026
> Training AI models can generate enormous carbon emissions

Sure, but what I'd really like to see is a graph for how much carbon is generated serving these models globally.

HelloMcFlyApr 18, 2026
Besides the lead in robotics for China, those Grok emissions charts are the thing that most leap off the page.
xnxApr 18, 2026
"These estimates should be interpreted with caution. In the case of Grok, they rely heavily on inferred inputs drawn from public reporting"

That chart doesn't really pass the sniff test.

jazzypantsApr 18, 2026
I don't know if I would want to do too much sniffing around the Methane power they are using over at xAI.

https://www.theguardian.com/us-news/2025/jul/03/elon-musk-xa...

xnxApr 18, 2026
That's definitely a very visible use of carbon generating fuel, but I'd choose methane over coal power plants all day.
jazzypantsApr 18, 2026
I agree 100% if those are the only two options. I guess my point is that it's fair to assume that Elon's crew is doing the bare minimum in terms of efficiency and pollutant mitigation-- at least when compared to other data centers who do legally compliant business with real power companies.
HelloMcFlyApr 18, 2026
The rest of the quote you began continues:

"On the other hand, Perrault noted that 'Epoch AI independently estimates Grok 4’s emissions to be significantly higher at approximately 140,000 tons of CO₂.'"

I realize these are still estimates, but when the other independent analysis nearly doubles the outcome I'm not left feeling optimistic. One could argue some numbers from others are underestimates... which of course just bums me out all the more!

xnxApr 18, 2026
The "China leads in robotics" seems to be unaffected by AI. The China line is basically on the same trajectory since 2012. The chart does no belong in the article.
fyrn_Apr 18, 2026
Worth calling out AI sentiment among young people is not nearly so rosy: https://news.gallup.com/poll/708224/gen-adoption-steady-skep...
BerislavLopacApr 18, 2026
That's temporary. They will adapt and find ways to use it to its full potential - just like it happened with every new technological shift in history.
free_bipApr 18, 2026
Would you mind asking your crystal ball some other questions - like what those ways of using it are exactly?
whateveracctApr 18, 2026
don't the young usually pick up new tech faster?
bigbugbagApr 18, 2026
roetlichApr 18, 2026
My Firefox doesn't accept your https cert. Maybe check that out?
gnabgibApr 18, 2026
There isn't a cert.. https://www.ssllabs.com/ssltest/analyze.html?d=coding2learn....

archive.today suggests, there's never been (The only https returns 403 in 2015, the 2013 links are http) https://archive.is/https://coding2learn.org/

The domain has been mentioned on HN before (without TLS), this account seems to be just messing up the links (replace https with http to see the page)

socoApr 19, 2026
Computers are old tech nowadays...
bigbugbagApr 18, 2026
when exactly did that happen ?

cause up until now I have observed the exact opposite which is coherent with expectations: https://coding2learn.org/blog/2013/07/29/kids-cant-use-compu...

claudiugApr 18, 2026
bullshit. you hear that you are not needed, you data is not yours. the AI lovers thinking: "humans also consume energy".
themafiaApr 18, 2026
Profits generated by AI: <not graphed>

The absence speaks volumes.

eulgroApr 18, 2026
> The report estimates that carbon emissions from models with the least efficient inference are over 10 times as high as those with the most efficient inference. DeepSeek’s V3 models were estimated to consume around 23 watts when responding to a “medium-length” prompt, while Claude 4 Opus was estimated to consume about 5 watts.

This makes absolutely no sense. I suppose they meant watt hours, and that's a weird way to explain carbon emissions...

i_love_retrosApr 18, 2026
Stating "Software engineers are all-in on AI" because of an increase in github projects being created is hilarious. I didn't realise creating a github repo made someone a software engineer. If only I had known this I wouldn't have bothered learning all the other stuff!
gregsadetskyApr 18, 2026
I agree with you on that metric being not great - I would have definitely swapped it for this:

"Claude Code GitHub Commits Over Time" https://newsletter.semianalysis.com/p/claude-code-is-the-inf...

Sure - also an imperfect metric. But less imperfect? And more indicative of... something? Not nothing?

tqiApr 18, 2026
> The report estimates that training the latest frontier large language models, such as xAI’s Grok 4, can generate over 72,000 tons of carbon-equivalent emissions.

That seems pretty trivial, relative to 38bn per year globally?

jeffbeeApr 18, 2026
Yeah it's basically nothing despite the fact that xAI seemed to intentionally crank up the carbon intensity for no reason.

Also, hilarious to select 2 major models from 2025 and they're both Grok, almost certainly the least useful, least used, and least interesting of that year.

azakaiApr 18, 2026
Another way to put it: if training a model cost 72,000 tons of carbon, and it then gets used by 100 million people (typical of major models), the cost per person is 0.00072 tons.

Per the article, the average human uses over 5 tons per year (Americans: 18). Adding 0.00072 to 5 is not really noticeable.

(There is also the cost of inference, of course.)