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> we always burn investor money to corner the market and then tech usually catches up This is most R&D. You research, build a prototype, bring it to market, an
by dehrmann 2y ago
> we always burn investor money to corner the market and then tech usually catches up
This is most R&D. You research, build a prototype, bring it to market, and it only hits profitability at volume.
- skywhopper 2y agoSam Altman’s admission that ChatGPT Pro loses money was about operating profits, not including the R&D that went into it.