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Shortly after ChatGPT hit the scene, everyone said "Google invented this technology, how could they fall so far behind in commercializing it, haha they're IBM n
by DebtDeflation 2y ago
Shortly after ChatGPT hit the scene, everyone said "Google invented this technology, how could they fall so far behind in commercializing it, haha they're IBM now".
Maybe they didn't fall behind in anything, maybe they just did an analysis of what it would cost to train transformer models with hundreds of billions of parameters, to run inferencing on them, and then decided that there was no way to actually be profitable doing this.
- amelius 2y agoNot with an ad-based monetization model. But what if consumers opened their wallets?
- discreteevent 2y agoThere is no what if. The consumers haven't opened their wallets (in time for these companies to survive).
- rchaud 2y agoAd revenue dwarfs any number that consumer dollars could put up. ChatGPT has been a household name for years, Copilot bloatware is shoved into every Office subscription on earth, and it still runs deep in the red. Ads are the only way.
- DebtDeflation 2y agoWhat if they considered that and determined that at typical consumer SaaS pricing of low tens of dollars per user per month it's "still impossible to make money"? What if they went a step further and looked at typical Enterprise SaaS pricing (low hundreds of dollars per seat per month) and determined "still can't make money"?