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> Riddle me this. If all these people are "getting value", why are all these companies losing horrendous amounts of money? Why has nobody figured out how to be
by jncfhnb 2y ago
> Riddle me this. If all these people are "getting value", why are all these companies losing horrendous amounts of money? Why has nobody figured out how to be profitable?
While I agree that LLMs are not currently working great for most envisioned use cases; this premise here is not a good argument. Large LLM providers are not trying to be profitable at the moment. They’re trying to grow and that’s pretty sensible.
Uber was the poster child of this, and for all its mockery, Uber is now an unqualified profitable company.
- __loam 2y agoI'm not sure I would call incinerating 11b dollars a year to the point where you need to do one of the biggest raises ever and it doesn't even buy you a year of runway sensible.
- jncfhnb 2y agoBased on their forecasts it’s still pretty sensible. I don’t personally believe the forecasts are sensible. But that’s besides the point.