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Are there any examples of companies turning a GAAP profit using generative models that aren’t selling the shovels, but actually using them to dig?
by callalex 3y ago
Are there any examples of companies turning a GAAP profit using generative models that aren’t selling the shovels, but actually using them to dig?
- jerrygenser 3y agoAdobe is already incorporated genAI into core product and will start pricing for compute units. This is part of their core product, not a tool being sold to other people to build genAI products
- callalex 3y agoI think that’s a great example of a company who is trying to make a profit, and they are certainly investing in the future under the assumption that it will pay off. But I don’t see how that’s currently profitable, which is the point brought up by GP about still very much being in Act One.
- __loam 3y agoShoving a gen ai tool into another tool doesn't really tell us anything about the market dynamics of the Gen ai stuff.
- whimsicalism 3y agoUh... everywhere? I forget how far from industry HN can be sometimes.
- callalex 3y agoWow, thanks, I learned a lot from your examples.
- whimsicalism 3y agoYou can generate advertisements at Google with GAI.
- phillipcarter 3y agoProbably. My company has seen a genai feature turn into increased product activation rates (the feature is 100% free), which correlates strongly with increased revenue.