Comment on OpenAI Is A Bad Business

fubarx@lemmy.ml ⁨2⁩ ⁨months⁩ ago

Ed is getting good at lobbing these darts at hype bubbles.

The thing that this writeup ignores is that the object isn’t to show short-term revenue, but to put all competitors out of business, be the last one standing, and create a monopoly. Either that or get bought out so the investors can move on to the next thing. But at $150B valuation, only MSFT or Nvidia can afford to buy them outright.

Google, Meta, and Amazon burned through cash for years, but they eventually outran all competition and then monetized the users who had nowhere else to go.

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