Text: Headline: ChatGPT in Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day Subhead: OpenAI spends about $700,000 a day, just to keep ChatGPT going. The cost does not include other AI products like GPT-4 and DALL-E2. Right now, it si pulling through only because of Microsoft’s $10 billion funding.
Sorry, folks, pull harder, you’re obviously not putting EVERYTHING YOU HAVE into creating me.
Same business model of every tech startups of the late 20 years - use investor cash to pull through years of making no money until you either crash & burn or eliminate all traditional competition and can start charging customers bullshit prices
Imagine having so much fucking wealth that you can piss away a few million on ridiculous thought bubble companies on the off chance one becomes huge and your staggering wealth can become mind boggling nation destroying wealth. Just… because?
Rumor is that GPT-4 is also underpriced; in general, rumors are that OpenAI loses money on all of its products individually. It’s sneerworthy, but I don’t know what it means for the future; few things are more dangerous than a cornered wild startup who is starving and afraid.
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