2 ms·
There's definitely some value in undercutting minimum-wage outsourced call centres. But enough to justify these valuations? This is stuff that was already being
by lmm 2y ago
There's definitely some value in undercutting minimum-wage outsourced call centres. But enough to justify these valuations? This is stuff that was already being partially automated back in the '80s; I can see the argument that OpenAI is the next Autonomy, but when you're this heavily leveraged an incremental improvement is a failure.
- devbent 2y agoOpenAI is the platform everyone else is building on top of. Think Microsoft in the late 80s through the 90s. If you are charging for the platform, you can let thousands of other businesses try the risky hard to scale stuff and you'll get a cut of everything no matter who wins.
- lmm 2y agoMicrosoft wasn't taking any risks there though, they were a profitable business selling positive margin projects the whole time - that's more where NVidia is than where OpenAI is.