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> 2) the dot com companies were mostly not profitable with small revenues, while the big players here are either profitable (google, Facebook), backed by big pl
by KaiserPro 1y ago
> 2) the dot com companies were mostly not profitable with small revenues, while the big players here are either profitable (google, Facebook), backed by big players, and/or have massive revenues and user bases. And growing. 3)
OpenAI is losing 4x its income from operating expenses.
Facebook is pouring tens of billions into it
Google, fuck knows.
These are all loss leaders, looking to make the others fold, rather than say a geared company that is profitable but geared to expand.
better AI costs much much more to make and run, and there isn't much brand loyalty.