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"This is why AI doesn't sell." There are several AI companies now with billions in yearly revenue that didn't even exist a few years ago. Many more with many m
by zulban 5mo ago
"This is why AI doesn't sell."
There are several AI companies now with billions in yearly revenue that didn't even exist a few years ago. Many more with many millions in revenue. Saying AI doesn't sell is completely delusional. You're in an anti-AI bubble.
- eukara 5mo agotell me more about how all this revenue makes up for their lack of profit. economics 101.
- matwood 5mo agoWhether or not they are making a profit yet is a different question from whether they sell. The amount of revenue and growth clearly shows they sell. It remains to be seen if they end up like airlines - an industry providing enormous value, with the airlines themselves capturing only a fraction of that value.
- zulban 5mo agoWe're talking about revenue not profit. "AI doesn't sell" is nonsense. That's revenue.
- eukara 5mo agoinflating the numbers on revenue is pretty easy. it's why the phrase 'revenue is vanity, profit is sanity' exists. these companies have already done it (cloud partner billings), are still doing it. how much of that is consumer spending? presumably very little, it's why they want to integrate into _existing services_ (like healthcare apps) with already existing users. it can't stand on its own. case in point: Sora > After a splashy launch, Sora’s worldwide user count peaked at around a million and then collapsed to fewer than 500,000. Meanwhile, the app was burning through roughly $1 million every day — not because people loved it but because video generation is so costly to run.
- LAC-Tech 5mo agoAre any of them profitable? I suppose you said "AI Company", and not "AI Provider", but AFAIK there are none of the latter that are turning a profit.
- zulban 5mo agoWe're talking about revenue not profit. "AI doesn't sell" is nonsense. That's revenue.