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> 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
by com2kid 3y 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).