Earlier quoted context omitted.
> each model is roughly 2x profitable on its own, but each next model costs 10x the last. The whole thing only works if scaling keeps delivering. This is a decent argument, but it's not the death knell you think. Models are getting 99% more efficient every 3 years - to get the same amount of output, combined with hardware and (mostly) software upgrades - you can use 99% less power. The number of applications where AI…
We said all the same shit about VR, dude. Even had a global pandemic show up to boost everyone's interest in the key market of telepresence. Turns out the merry go round can stop abruptly.
OpenAI raises $110B on $730B pre-money valuation
441–450 of 620 posts
Re: OpenAI raises $110B on $730B pre-money valuation
#442Earlier quoted context omitted.
How are ~1B active users not "moat"? Might have to pull out the "Haters gonna hate" like it's 2007
How is it a moat? Myspace had 300M active users on an early internet. If market share is a moat, IBM should still be the biggest tech company.
Re: OpenAI raises $110B on $730B pre-money valuation
#443Re: OpenAI raises $110B on $730B pre-money valuation
#444Hopefully this will allow them to continue to provide me unreasonable amounts of compute for €20/month. Enjoying it while it lasts…
Welcome to Claude Code; 200 USD at Claude, versus 3000 USD (literally) at Gemini. Well, then it will be Claude. If tomorrow Claude is 5000 USD, well, then it will be Gemini.
This is what is called the drug dealer tactic. Once you need AI they will all cartel and you will pay half your salary (or your boss does) for it.
Re: OpenAI raises $110B on $730B pre-money valuation
#445Re: OpenAI raises $110B on $730B pre-money valuation
#446Without circular investments and valuations what would Open AI be worth? 100B? 300B? Entirely on revenue alone it seems like 20B. Current valuation appears to be two orders of magnitude off.
Re: OpenAI raises $110B on $730B pre-money valuation
#447Re: OpenAI raises $110B on $730B pre-money valuation
#448Earlier quoted context omitted.
How many of those users are paying? Where is the profit? How many users will be willing to use ChatGPT if they had to pay? Might have to pull out the questions like its 2026.
> How many of those users are paying? About 5% according to a news article a few months ago. Will the other 95% stick around once ads or payments are required?
Re: OpenAI raises $110B on $730B pre-money valuation
#449Depressing to see trillions sloshing around, and yet no jobs to be found.
The jobs are going to be mining coal, mining rare earth, building nuclear reactors, building data centres etc. You may need to move to asia to get the job.
I wish I could’ve lived and died one or two decades ago. Or better yet never even been.