Sort of? Google and YT (which was google soon enough) had something called a “business plan” where they grew after they got new business - enough to “justify” growth.
Also, it was easy to see how they could turn a profit and how the pricing would work, which made it like every other business in the world.
With open AI, they set a price based on “feels” and it’s far too low to pay for the computing costs. Then they offered it free to everyone. And they only burn money, there’s not enough money coming in to pay anyone.
Also the fact people in general who aren’t right wingers who would be fascinated by flashing lights absolutely hate AI and the way it’s being shoved into everything.
The thing is… uh… NO ONE LIKES AI. Regular people don’t like when a technology is shoved in their face over and over and over without their consent so they’re forced to use it. Google and Youtube were actually compelling things for the consumer and had real world usage. AI has very little actual real world usage because it’s a text prediction algorithm that does not do anything that other things today wouldn’t be able to.
The only people that like AI are TESCREAL-supporting billionaires who genuinely think LLMs will achieve AGI and thus replace humanity (refer to this video to know how absolutely INSANE those idiots are) and their right wing simps. Pretty much everyone in the creative, educational, and programming field that have actual coding experience hate it because it’s literally making people dumber AND taking away jobs from artists AND creating programmers with no actual coding experience.
No, this is not a car vs horse thing. It’s more like trying to replace a horse with a car that randomly steers off the road in the opposite direction AND explodes if you sneeze on it.
Yeah? First, it hasn’t been that long. Second, I’m not vibing when I do real work. I’m being very targeted and reviewing and preventing slop. When used this way, it’s not that different from using Stack Overflow.
I agree with most those things. But it’s not only tech billionaires and right wing. This here is an echochamber of AI hate (which I’m a part of), and that is fine. A lot of people in a lot of countries are using it for a lot of different things. It doesn’t matter how much it works, if it did a lot of products wouldn’t be on the market today.
The business strategy and politics is what matters in the end. Even to a bubble.
They are making money, they just burn a lot more money (tens of billions of usd a year) and they don’t even plan on becoming profitable till 2030, which is insane for almost any other non-ai bubble or gov. funded company on the planet.
Why are people saying OpenAI isn’t making money? I couldn’t find anything related to that, what’s happening?
It costs vastly more money to run OpenAI than it does any gross income they’re receiving.
It was the same for google and youtube for a long time.
They need to get people/businesses addicted to it first.
Edit: Does this comment make it seem like I like AI? Am I wrong about Google and YT’s business strategy?
Sort of? Google and YT (which was google soon enough) had something called a “business plan” where they grew after they got new business - enough to “justify” growth.
Also, it was easy to see how they could turn a profit and how the pricing would work, which made it like every other business in the world.
With open AI, they set a price based on “feels” and it’s far too low to pay for the computing costs. Then they offered it free to everyone. And they only burn money, there’s not enough money coming in to pay anyone.
Also the fact people in general who aren’t right wingers who would be fascinated by flashing lights absolutely hate AI and the way it’s being shoved into everything.
we have a whole push about it at work. i just uninstalled copilot anyway. it feels like cheating (i don’t fucking care, fuck ai)
Not even like cheating - it’s like cheating but half of the answers are wrong.
The thing is… uh… NO ONE LIKES AI. Regular people don’t like when a technology is shoved in their face over and over and over without their consent so they’re forced to use it. Google and Youtube were actually compelling things for the consumer and had real world usage. AI has very little actual real world usage because it’s a text prediction algorithm that does not do anything that other things today wouldn’t be able to.
The only people that like AI are TESCREAL-supporting billionaires who genuinely think LLMs will achieve AGI and thus replace humanity (refer to this video to know how absolutely INSANE those idiots are) and their right wing simps. Pretty much everyone in the creative, educational, and programming field that have actual coding experience hate it because it’s literally making people dumber AND taking away jobs from artists AND creating programmers with no actual coding experience.
AI is absolutely useful. Speaking as a developer, it has definitely changed my profession.
This is more like the dotcom bubble. There’s a seed of truth in there, but it’s buried in overhype, nonsense, and chaff.
Many developers do not use any “AI” and continue to write code by hand.
Many drivers refuse cars and still use horse and buggy.
No, this is not a car vs horse thing. It’s more like trying to replace a horse with a car that randomly steers off the road in the opposite direction AND explodes if you sneeze on it.
It’s a car vs horse thing and the execs want the car to be driverless.
I’m so surprised, because I’ve never heard anyone ever use that analogy before ever. 🙃
Can you program without any LLM now, tho?
Yeah? First, it hasn’t been that long. Second, I’m not vibing when I do real work. I’m being very targeted and reviewing and preventing slop. When used this way, it’s not that different from using Stack Overflow.
I agree with most those things. But it’s not only tech billionaires and right wing. This here is an echochamber of AI hate (which I’m a part of), and that is fine. A lot of people in a lot of countries are using it for a lot of different things. It doesn’t matter how much it works, if it did a lot of products wouldn’t be on the market today.
The business strategy and politics is what matters in the end. Even to a bubble.
https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances
There’s this report circling around indicating that OpenAI is about to run out of money. AI is not profitable, and it’s uncertain it ever will be.
If you have the time (an hour to read) or interest, Ed Zitron explains it fairly well.
It’s a ball and cup game. IIRC Nvidia is investing a bunch in Open AI, but Open AI is their biggest customer kind of idea.
They are making money, they just burn a lot more money (tens of billions of usd a year) and they don’t even plan on becoming profitable till 2030, which is insane for almost any other non-ai bubble or gov. funded company on the planet.