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> it's not that different from Amazon and Google from 20 years ago I mean it is a little. Amazon didn't extend its losses while growing it's buisness. Yes it
by KaiserPro 2y ago
> it's not that different from Amazon and Google from 20 years ago
I mean it is a little.
Amazon didn't extend its losses while growing it's buisness. Yes it made losses (quite large ones for the time) but the underlying principle was pretty solid. They had a market that clearing going to be profitable, because the overheads were much less.
But openAI doesn't have that market. They offer something free that is comparable with the competitors. A paid for option that isn't much better than the free version, and isn't much different in capability from the competition.
Moreover, in order to remain competitive they need to spend _billions_.
Even if we ignore meta kneecaping them, anthorpic et al are yapping at their heels.
The market isn't actually that solid, there isnt anywhere enough cash to maintain the research spend.