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OpenAI was guaranteed to be profitable, extremely so, if they just continued down the path Sam layed out like a week ago. Now its guaranteed to generate 0 prof
by anonylizard 3y ago
OpenAI was guaranteed to be profitable, extremely so, if they just continued down the path Sam layed out like a week ago.
Now its guaranteed to generate 0 profits, so all that 'profit share/pseudoequity' is worth nothing.
- edgyquant 3y ago> Now its guaranteed to generate 0 profit Literal fan fiction
- qwebfdzsh 3y ago> OpenAI was guaranteed to be profitable, extremely so, Was it though? I'd agree that it was almost guaranteed to have a very high valuation. However profitability is a slightly different matter. Depending on their arrangements/licensing agreements/etc much of those potential profits could've just went to MS/Azure directly.
- acjohnson55 3y agoDeveloping, training, and running AI models is not cheap, and it's very much an open question of whether the money users are willing to pay covers the cost.