3 ms·
> OpenAI is reported to have done over $3 bill in revenue LTM. 1. revenue doesn't mean much, afaik they still lose money on every query. 2. I think you are us
by apwell23 2y ago
> OpenAI is reported to have done over $3 bill in revenue LTM.
1. revenue doesn't mean much, afaik they still lose money on every query.
2. I think you are using that as a proxy for utility . Companies buying licenses en-masse hoping it will boost productivity is an unproven thesis. Don't see any profit boost in their qtrly reports from chatgpt licenses that they bought.
I use chatgpt and use it daily for coding. it isn't that its completly useless but uses are limited and certainly not worth hundereds of billions of dollars used to literally boil oceans. If someone took away chatgpt from me it not a big deal for me, to be honest. its dumb as rocks for coding, doesn't do even a tiny bit of high level thinking and almost half of it responses are hallucinating garbage.
- danielmarkbruce 2y agoRevenue = people are paying to use the product. You use it daily for work. In engineering. How much time does it save you every day? 15 mins? 1 hr? That's a lot at your hourly rate.
- deleted 2y ago[deleted]