HK65 comments on "LLMs can do anything" except make positive cashflow.

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[–] HK65@sopuli.xyz 19 points 4 days ago (3 children)

Okay but the world had enough money to bankroll Spotify for 20 years. It doesn't have the kind of money OpenAI needs.

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[–] LodeMike@lemmy.today 4 points 4 days ago (1 child)

And Spotify was barely making a loss AND had a lot of revenue. They were just putting more capital into infrastructure, etc. instead of profits.

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[–] Atomic@sh.itjust.works 1 point 3 days ago

Excuse me? From 2017 to 2022. Spotify lost an average of ~430 million euro per year. And they weren't profitable from 2008 to 2016 either... -0.43 billion per year is not "barely making a loss". But investors saw potential and they kept funding.

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[–] Atomic@sh.itjust.works 1 point 3 days ago

When it comes to technology that nations consider existential to their existence. There is always enough money.

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