• sp3tr4l@lemmy.zip
    link
    fedilink
    English
    arrow-up
    32
    ·
    6 days ago

    Not sure if you are joking but… it does not appear to be making anywhere near the amount of money that has been invested in it.

    It costs a stupendous amount of money to develop the models, to train them, to rent out or just buy the hardware needed to do this, to pay for the electrical power to do this.

    • ddplf@szmer.info
      link
      fedilink
      English
      arrow-up
      25
      ·
      6 days ago

      Not joking, I’m just underinformed

      Now that I think of it, yeah, it makes absolute sense. It’s not a stable income OpenAI is based on, but rather the endless wagons of money from hyped up sponsors. Very much unsustainable.

      • The Assman@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        7
        ·
        6 days ago

        the endless wagons of money from hyped up sponsors

        For the record, that describes almost every big software company in the last 30 years.

    • cygnus@lemmy.ca
      link
      fedilink
      English
      arrow-up
      9
      ·
      edit-2
      6 days ago

      It isn’t even close to making a profit. They are bleeding billions per year with no obvious path to breaking even, let alone profiting enough to justify their enormous valuation. It’s very much a bubble and I look forward to the day it pops.

      Edit: if you want a lengthy read on the subject https://www.wheresyoured.at/oai-business/

      • Trainguyrom@reddthat.com
        link
        fedilink
        English
        arrow-up
        1
        ·
        6 days ago

        To be fair, if I had an option to effectively invest in Google circa 2004 in 2024 I would toss some spare money at it, and that’s basically what OpenAI is offering at this moment. They’ve established themselves, shown strong leadership and established strong relationships with major companies. They’re a leader in a particular product segment and while they could falter and fail, there’s enough momentum that they’re more likely to be acquired than to actually fail, plus they’re swimming in extremely uncharted waters so there’s plenty of opportunities for them to both greatly improve ongoing operational efficiency and to create new products with new markets, much like where Google was in 2004