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So news about OpenAI demise is real. They can’t sustain themselves without ads.
by didip 5mo ago
So news about OpenAI demise is real. They can’t sustain themselves without ads.
- boringg 5mo agoNever in any world were any of the top AI labs not going to sustain themselves with ads. It has always been a timing issue. Even a cut on every sale on site + sub rev not close.
- saghm 5mo agoEven if it wasn't necessary for their survival, it's hard to imagine a world where they wouldn't try to do it anyways. I'm not someone who buys into the idea that companies are obligated to maximize profits at the expense of all else, but I do think that in the absence of other factors (e.g. regulation) it's where pretty much every company will end up.
- chrisweekly 5mo ago"the idea that companies are obligated to maximize profits at the expense of all else" !! That is literally the definition of legally-binding fiduciary resonsibility for publicly-traded corporations. There are exceptions (PBCs, B-Corps) but they're rare.
- hattmall 5mo agoIt's really not though.
- mafuy 5mo agoThis is a completely stupid take and I have no idea why so many people repeat it. This responsibility just means you have to have to document your work understandably and have a somewhat sensible reason for decisions. It does not at all force you to greed.
- saghm 5mo agoPlease cite your source for this. Everything I've ever read on the topic indicates that this is a vast oversimplification.
- sayYayToLife 5mo ago[dead]
- SubjectToChange 5mo agoThey can’t be hemorrhaging cash when they IPO.