4 ms·
>It is worth $20 a month to have one UI on one service that does everything. competition will drive profit margins and prices down to nothing because the numbe
by Barrin92 4y ago
>It is worth $20 a month to have one UI on one service that does everything.
competition will drive profit margins and prices down to nothing because the number of companies that can spin up an UI is unlimited. Markets don't pay you what something is worth, they pay what the cheapest participant is willing to sell it for.
- com2kid 4y ago> competition will drive profit margins and prices down to nothing I strongly suspect the profit margin on ChatGPT is already pretty low! > Markets don't pay you what something is worth, they pay what the cheapest participant is willing to sell it for. Correction: Markets pay what companies are able to convince consumers to pay. Some products bring negative value to the buyer, but are still sold for hundreds of millions of dollars (see: enterprise sales and integrations, which oftentime fail).
- bryanrasmussen 4y ago>Markets don't pay you what something is worth, they pay what the cheapest participant is willing to sell it for. I believe 'what something is worth' is defined as what the market is willing to pay. And sometimes the customer will pay for something that isn't the cheapest of something, which is why I'm writing this on a mac.
- birdyrooster 4y agoThat last argument is a tautology btw