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that’s what they’ve been doing and they’re all out of ideas chatgpt can come up with.
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It’s just gonna end up with a huge price increase, and the short sighted people who built their business or their workflow on it will have to either eat that cost or get their heads out of their asses.
Please bro, trust me bro, just a few more billion. AGI is just around the corner bro
Please bro, trust me bro, just a few more [dozen] billion. AGI is just around the corner bro
It’s almost like their product consumes enormous amounts of energy to produce an output that isn’t actually worth much at all.
That doesn’t seem to bother OpenAI insiders, though, who hope to be bringing in $125 billion in annual revenue by 2029.
To hit that kind of revenue they would need to convince 5% of the world’s population to spend $20 a month on a chatbot. Netflix has barely managed to reach about two thirds of that subscriber number, and they offer a whole-ass streaming service. Obviously OpenAI can supplement consumer sales with enterprise and API access, but so far they’re doing a very bad job of that.
But even if they did hit those numbers, they’d still be running at a loss. By their own admission their product isn’t even profitable at $200 a month. More customers won’t make you more money when everything you sell is a loss leader.
There probably are people who consider $200 a month for an AI to be worthwhile, or their employer does, but I doubt there are enough to keep multiple AI companies running.
At that insane rate, it would be much more cost effective to just buy really good hardware and run open weight models locally.
I’m now playing a violin which measures several nanometers across.
I think this has been true since the start. They have never not been in hot water financially.
We can only hope.
I can’t wait for the bubble to pop.
