4 ms·
>make revenue from that $20 than the electricity and server costs needed to serve that customer Seems like a pretty dumb take. It’s like saying it only takes $
by what 8mo ago
>make revenue from that $20 than the electricity and server costs needed to serve that customer
Seems like a pretty dumb take. It’s like saying it only takes $X in electricity and raw materials to produce a widget that I sell for $Y. Since $Y is bigger than $X, I’m making money! Just ignore that I have to pay people to work the lines. Ignore that I had to pay huge amounts to build the factory. Ignore every other cost.
They can’t just fire everyone and stop training new models.
- simonw 8mo agoSee comment here: https://news.ycombinator.com/item?id=47057874 https://news.ycombinator.com/item?id=47057874
- ben_w 8mo agoAs I understand it: Gross profit = revenues - cost of goods sold Operating profit = Gross profit - operating expenses including depreciation & amortisation Net profit = Operating profit - net interest expense - taxes