4 ms·

> What is the point - exactly - of profit? It's what attracts capital investment, which businesses need

• nl 7mo ago
  OpenAI seems to do reasonably well at attracting capital investment without profits. As did Amazon, Google, Meta etc etc.
  • bandrami 7mo ago
    OpenAI is great at attracting people who say "yeah, sure, I'll give you capital at some point in the future" who then never actually give them the capital (or at least haven't yet).
    • deleted 7mo ago
      [deleted]
    • nl 7mo ago
      They seem to be spending lot of cash too...
  • ngold 7mo ago
    If I remember correctly, Facebook took 10 years raising money before going ipo. Could be wrong though.