>Which means Microsoft (9% of the Nasdaq 100), is using its cash and services to power an AI company which touched $1.6billion in ARR for 2023 but is raising mo

>Which means Microsoft (9% of the Nasdaq 100), is using its cash and services to power an AI company which touched $1.6billion in ARR for 2023 but is raising money at a $100 billion valuation.. (raising money at >50X non-profitable sales) I've been saying it for quite some time. The end game of ChatGPT (and similar) services is: 1- Get people used to them so much they can't function without them (without massive drop in productivity, inconvenience etc) 2- Raise the price 3 orders of magnitude 3 -Profit This only works if open source models are so far behind to be essentially unusable as a replacement and traditional internet search becomes completely useless(it has been heading in that direction for a while by now).