Earlier quoted context omitted.
Midjourney is the most popular discord channel by far with 19.5M+ members, $200M in revenue in 2023 with 0 external investments and only 40 employees. The problem has nothing to do with commercializing image gen AI and all to do with Emad/Stability having seemingly 0 sensible business plans. Seriously this seemed to be the plan: Step 1: Release SD for free Step 2: ??? Step 3: Profit The vast majority of users couldn'…
>The vast majority of users couldn't be bothered to take the steps necessary to get it running locally so I don't even think the open sourcing philosophy would have been a serious hurdle to wider commercial adoption. The more I think about the AI space the more I realize that open sourcing large models is pointless now. Until you can reasonably buy a rig to run the model there is simply no point in doing this. It's n…
You get all the benefits of academics and open source folks pushing your model forward, and a vastly improved hiring pool.
But it doesn't stop you launching a commercial offering, because 99.99% of the world's population doesn't have 48GB+ of VRAM.