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>To me that sounds like a commercial success It isn't because it's not making them any money. Having users doesn't mean you have a business. If you sell two do
by Barrin92 2y ago
>To me that sounds like a commercial success
It isn't because it's not making them any money. Having users doesn't mean you have a business. If you sell two dollars for one dollar having more users is not a blessing financially. Of course you could slap ads on it, like Google, but unlike Google openAI has no moat and there's already ten competitors. Competition eliminates profit and AI is being commoditized faster than pretty much anything else.
- trhway 2y ago>unlike Google openAI has no moat what was Google moat? >and there's already ten potential competitors. Competition eliminates profit and AI is being commoditized faster than pretty much anything else. we're discussing NVDA. Where are its competitors? ChatGPT having 10 competitors only makes things better for NVDA. >Competition eliminates profit Competition weeds out bad/ineffective performers which is great. History of our industry is littered with competition taking out bad performers, and our industry is only better for that. Fast commoditization of AI is just great and fits the best patterns like say PC-revolution (and like it i think the AI-revolution wouldn't be just one app/user-case, it will be a tectonic shift instead).
- scarface_74 2y agoDo you think the cost won’t ever come down to make $20/month sustainable?
- Jensson 2y ago$20 a month does not warrant NVidias 3 trillion dollar valuation though.
- michaelscott 2y agoNVidia's not selling LLM subscriptions, they're selling shovels in the goldrush. I don't think 3 trillion is a reasonable valuation either, but NVidia's applications extend way beyond consumer and they've effectively become the chokepoint for any application of AI
- oldpersonintx 2y ago[dead]