Your local grocery store is more profitable than OpenAI. In fact you are more profitable than OpenAI.
OpenAI owes hundreds of billions of dollars, with a revenue a fraction of that. They will never become profitable.
Your local grocery store is more profitable than OpenAI. In fact you are more profitable than OpenAI.
OpenAI owes hundreds of billions of dollars, with a revenue a fraction of that. They will never become profitable.
So you're saying we should be pumping all our savings and pension money in WinRar?
It has more potential.
If they can get their sales into double digits, the sky's the limit!
Tech companies are expected to be run at a loss for quite some time before they start being profitable.
They were founded in 2015 and "officially" launched GPT in 2022 to the public. If they make profits by 2032, that would be in line with how other tech companies established themselves.
For example, Spotify wasn't profitable until 2024. They launched in 2008.
So, I don't know why them not being profitable is what everyone is talking about. They're not expected to be profitable until 2030 at the earliest. And every serious investor know this.
Yes I'm very fun at parties. But it seems that a lot of people just do not understand the expected timelines of tech companies.
Okay but the world had enough money to bankroll Spotify for 20 years. It doesn't have the kind of money OpenAI needs.
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.
When it comes to technology that nations consider existential to their existence. There is always enough money.
They have to at least have a plausible path to profitability. The serious investors have known for some time there isn't one with AI. Just because the AI companies will never be profitable long term doesn't mean there is no reason to invest in them short term. That's what a speculative bubble is. Everyone believes the line will keep going up long enough for them to turn around and sell to a greater fool in the near future. And for the most part they're right. The ultimate bag-holder ends up being the middle class worker and their auto-assigned 401k portfolio.
They have multiple plausible paths to profitability. To claims there's none is just stupid. If they succeed or not is another question. But it's absolutely plausible.
The product and profitability towards the average citizen of the world, is such a microscopic part of their goals. People using their product is nothing more than data to feed their model. When they're done. Their profits are not going to come from people. It's going to come from the US government and companies. The investments being poured into OpenAI isn't just disappearing into a black hole, lots of it remains in the hardware and digital infrastructure required for the project.
Even if their public worth drops to 0. They will still keep being funded. Because the research is too important to let go of.
Proprietary frontier LLMs in companies riddled with highly suspect business practices.
My local LLM setup has absolutely been making the equivalence of positive cashflow for me since gemma 4 and qwen 3.8: I need less total time for several groups of annoying (but necessary) tasks, which means my productivity is up and I can use the rest as my own free time.
I need less total time for several groups of annoying (but necessary) tasks
Such as? Just curious what people use LLMs for.
Stuff I can do myself perfectly well, but the results - after postprocessing - are indistinguishable from me having done so. Even when accounting for everything (including hallucinations) the time savings are real: Renewables-powered electricity is cheaper than my attention. By a lot.
Caveat: This only works if you're already a domain expert and if you do it exclusively for too long, you might be at risk of ceasing to be such an expert. Don't use it to try and do the thinking for you.
I was finally starting to save up money in a 401k for retirement. Then I got fired. Now the AI bubble is going to burst and nuke what little money is in my 401k. FML.
I’m trying to stick with it, and not pull a bunch of money out. If this is all just insider trading back and forth, my hope is it will recover over time and level out. (As that will be in the interest of the manipulators too.)
If it’s just a big crash, like 1929 style, then I figure we’re all fucked whether you have stocks or dollar bills or CDs or doubloons.
“I remember once my father and I were walking down Fifth Avenue and there was a homeless person sitting right outside of Trump Tower and I remember my father pointing to him and saying, ‘You know, that guy has $8 billion more than me,’ because he was in such extreme debt at that point, you know?”
~ Ivanka Trump
I refuse to believe that Trump is capable of such introspection.
Believe it or not, Trump's become dumber with age.
I like LLMs and also the research but I think we're at a point where one could make a pause, turn the models into silicon and sell them as hardware for people who are actually interested.
That would solve all privacy problems, eliminate many data centers, subscription fees, internet dependencies and allow for slower and more thoughtful upgrades (hardware isn't updated as often as software). That would be a pretty sovereign solution.
However, from a company perspective they can't force it on everyone anymore, don't get all the juicy data from all the users and can't sell subscriptions any more and change everything on their side.
turn the models into silicone
The models are data, and silicone is rubber. So... I don't know what you're proposing here.
I believe he is suggesting we turn them into very large breasts, or in some cases big booties, depending on your preference and what part of the world you're in.
at this rate Winamp might get more profitable than OpenAI and it is free.
But isn't OpenAI just burning billions of moneys already? In that case Winamp is already more profitable
And a more reliable product that returns the expected results every time.
I'm one of the seeming few who paid to register it back in the Win9x days. Turned out that the key also works for the non-free Linux version (think I only ever bothered to set that up once). These days gzipped tarballs or squashfs with zstd are my go-tos. The former for speed with source trees or such, and the latter for filesystem backups or larger directories, because loop mounting it is so fast and convenient.
These days gzipped tarballs or squashfs with zstd are my go-tos.
What the fuck did you just call me?
I wonder what will happen in 2027 when those repayments come due.
They will get an extension based on lies about ai genocide or something.
Capitalists: Noo its bad, see, it doesn't make profit
Communists: Free AI for everyone
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