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Surprise! Companies eventually need to make some money.
by mikae1 2y ago
Surprise! Companies eventually need to make some money.
- amelius 2y agoBut why do they need to choose the shittiest monetization model?
- jsheard 2y agoIf you have a better idea for making AI chatbots profitable then I'm sure all the AI chatbot companies which are losing staggering amounts of money would love to hear it. The first step is to find any business model that works, shittily or unshittily.
- amelius 2y agoBurning money is part of the plan. Winner takes all, etc. Need I explain more?
- relativ575 2y agoSo anyway, what is your idea of a less shitty business model that can sustain their business? Paid tier? they already have it.
- tomjen3 2y agoThat's a great strategy in normal times. But in this case, you are in a technology race that would be considered essential for the national security of both the US and China. Which means that whomever each state picks as their champion will have approximately infinite amount of money to support them. Good luck winning that!
- oarsinsync 2y agoDeepseek appears to be running profitably, by being more efficient in how they train their models, being more efficient in how they run their models, and charging a modest profit margin on each API call. (Source: linked article / interview with the CEO of Deepseek from https://news.ycombinator.com/item?id=42557586 https://news.ycombinator.com/item?id=42557586)
- sagarm 2y agoBut how do their business customers make money off providing this tech to end users?
- relativ575 2y agoIt's a Chinese company in a wild hot technology field that China want to compete in. I bet that they are very well supported by the state. Similar to Llama with Meta's money.
- bigtex 2y agoShouldn’t they just be asking their AI chat bot what’s the best way to make money and then do that?
- teddyh 2y agoMaybe they did.
- Aeolun 2y agoCharge me for usage like they’re already doing?
- qudat 2y agoIt’s a proven model and it’ll make them oodles of money.
- jsheard 2y agoTrue! More money means more taxes though, they should consider using Intuit™ TurboTax™ to make them easy! (disclaimer: responses may include paid product placement)
- Modified3019 2y agoThis inspired some consideration of what it would be like if there ad companies that somehow found it viable to pay consumers to inject advertisements in all their interactions with businesses, such that support would start having to implement ad blocking. What a fever dream.
- chgs 2y agoAdd in dreams? Sounds a reasonable next step.
- behnamoh 2y agoperplexity already has a subscription plan...
- jsheard 2y agoSo does OpenAI, but they're still burning billions of dollars every year. Ads are another way to stem the bleeding.
- tomrod 2y agoAds are myopic and signal lack of ability by a company to be viable.
- lmm 2y agoGoogle is the world's fourth most valuable company.
- asdff 2y agoAnd phillip morris was one of the best performing stocks for nearly a century. past performance in the market is not always indicative of strong collective benefits.
- relativ575 2y agoGoogle's revenue for 2023 was $307.394B, a 8.68% increase from 2022. 2022 was $282.836B, a 9.78% increase from 2021. 2021 was $257.637B, a 41.15% increase from 2020. Doesn't sound like just past glory. https://www.macrotrends.net/stocks/charts/GOOG/alphabet/revenue https://www.macrotrends.net/stocks/charts/GOOG/alphabet/reve...
- lmm 2y agoI'm not saying they're a force for good. But they're more than viable as a company.
- deleted 2y ago[deleted]
- hiddencost 2y agoWhich is why it's nice when there's governments to provide services or regulate industries...
- cudgy 2y agoIf consumers aren’t willing to pay for something, doesn’t that say something about the true value of the product to the consumer?
- lupire 2y agoYes, we know that individual consumers in general are not economically rational. The modern economy is built on this thesis.
- moralestapia 2y agoWhat!? Revenue!? No! https://www.youtube.com/watch?v=BzAdXyPYKQo https://www.youtube.com/watch?v=BzAdXyPYKQo
- bandrami 2y agoIt's crazy how much of the 2010s was both companies and consumers ignoring this, like Wile E. Coyote not noticing he's already off the edge of the cliff.