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I though openAI has plenty of investors/users? Are they really that much in debt/trouble?
by bunnybomb2 4mo ago
I though openAI has plenty of investors/users?
Are they really that much in debt/trouble?
- efficax 4mo agothey raised a ton of money but they spend it almost as fast as they can raise it. in any case they need real revenue if they want to ipo
- arm32 4mo agoThe difference between investors/users and new-investors/paying-users is so large and wide that I could both walk AND roll around on it.
- bunnybomb2 4mo agoWhat if they just forced everyone to pay $5 to use chatgpt? No free tier (I have no MBA)
- bstsb 4mo agothen every casual user would switch instantly to Gemini, or the most convenient alternative
- deleted 4mo ago[deleted]
- tom_ 4mo agoYou misunderstand. They are going to force everybody to pay $5, then force everybody to use chatgpt. 8 billion times 5 isn't much money, but the advertisers will surely pay a lot for that many captive eyeballs! (I have no MBA either)
- smugglerFlynn 4mo agoAt this point why forcing people to use the service, if you can forcefully extract these eyeballs and then sell them directly to advertisers in large enough jars?
- vovavili 4mo agoThis kills their sales funnel.
- Marsymars 4mo agoMy jurisdiction just legalized sports betting (or something similar, I don't care all that much about what specifically got legalized), and there's been an immediate explosion in gambling ads across various media formats. A very common refrain is "these ads are terrible, but I refuse to consider paying for any ad-free subscriptions."
- deleted 4mo ago[deleted]
- slekker 4mo agoThey are simply spending more money than they are making, burning cash like crazy and they got investments to try and prop up their chest, but this tells me they are desperate
- kimjune01 4mo agothe investors want their money to make more money
- slashdave 4mo agoEach user costs them money
- layer8 4mo agoMost of OpenAI‘s users are using the free tier, and have little incentive to change that.
- dbbk 4mo agoThey lose billions a month