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not sure if they are very profitable and have no need for additional money, or they are highly unprofitable and require an end to their money bleeding.
by hathym 3y ago
not sure if they are very profitable and have no need for additional money, or they are highly unprofitable and require an end to their money bleeding.
- seydor 3y agoa saddle point
- baz00 3y agoBased on Microsoft's apparent losses on CoPilot, I suspect the latter. My initial research on ML usage suggested the thing wasn't profitable when commoditised which it well and truly is now hence why I've avoided investing in it (wisely so far). The energy cost versus capital cost versus actual utility makes it a net negative ROI for the technology supplier. The industry is currently living on some vain hope that hardware improvements will decrease cost enough for it to be profitable. With die and process shrinks starting to get problematic (3nm isn't going as well as people want it to) and increasing energy costs, cost reductions are unrealistic.
- spiffytech 3y agoGithub has denied the reports that Copilot is losing money: https://nitter.net/simonw/status/1712165081327480892 https://nitter.net/simonw/status/1712165081327480892
- comboy 3y agoIt seems that people would be willing to pay even more for the service for the value they are getting. And I think in near future such services will diversify. Some becoming very expensive and providing high value. Which will further increase the power of money. This time also connecting it with access to knowledge. For now, public knowledge, but a deal where say Amazon AI has access to all digitized books and provides spotify-like earnings - yes in multiple meanings of that phrase - seems like a possibility.
- siva7 3y agoI'm pretty sure money isn't the reason they halted. Suitable datacenters don't grow on trees.
- latexr 3y ago> not sure if they are very profitable and have no need for additional money You’re going to make someone choke on their drink. The idea that a US tech mogul, and Sam Altman at that¹, would decide “you know what, I think I have enough money” is the realm of bad science fiction. ¹ Sam used to be the president of Y Combinator (i.e. a startup accelerator) and founded the Worldcoin cryptocurrency scam: https://www.buzzfeednews.com/article/richardnieva/worldcoin-crypto-eyeball-scanning-orb-problems https://www.buzzfeednews.com/article/richardnieva/worldcoin-...
- toyg 3y ago"a startup accelerator" that created and operates this very site, dude.
- latexr 3y agoThis account is six years old and posts frequently. Do you honestly believe I would know what Y Combinator is but not that it runs Hacker News? It changes nothing about the argument that Y Combinator’s goal is to make ever more money.
- toyg 3y agoI'm just saying that there is no need to describe YC to posters here.
- catchnear4321 3y agothere is less of a need to say there is no need, as it assumes to know for all.
- dorkwood 3y agoI'm not sure that people who post here necessarily know what YC is. I was on the site for about a year before I learned who Paul Graham was.
- 3y ago