4 ms·
Billions of USD in debt, a business model bleeding cash with no profit in perspective, high-competition environnement, a sub-par product, free-to-use offline mo
by rvnx 7mo ago
Billions of USD in debt, a business model bleeding cash with no profit in perspective, high-competition environnement, a sub-par product, free-to-use offline models taking off, potential regulatory issues, some investor commitments pulling out... tricky.
But let's not cry for the founders, they managed to get away with tons of money. The problem is for the fools holding the bag.
- AstroBen 7mo agoUnfortunately the fools holding the bag are going to be those who own index funds when these companies are inserted into them.
- mike_hearn 7mo agoHow is it a subpar product? I've been very happy with GPT 5.4 and the Codex CLI tooling, as well as ChatGPT web. I'd say product is one of their strengths.
- throwatdem12311 7mo agoWill you be as happy when your $1000/mo of inference you’ve been getting for $30/mo is gonna cost $1000/mo?
- mike_hearn 7mo agoI don't use anywhere near $1000/mo of inference. But yes, the question of what to do when prices go up a lot does concern me. However, with respect to product alone, Codex is still very good.
- surgical_fire 7mo agoIt's heavily subsidized. I pay for it, but I don't think it's worth much more than the 20 bucks a month I have been paying. Once they start charging something that makes sense, I doubt it will be as good.