Earlier quoted context omitted.
Stablecoins is a weird topic to randomly insert there. You want to elaborate on why all stablecoins will fail? This is a pretty ...novel take.
Stable coins fail when there's a run on the bank. Crypto is a wild west of unregulated banking. They have essentially become tools for money laundering and scam enablers, so it might take a while. But eventually the general public will say "no thanks" to a pain in the ass version of regular money. When the rush to the exits happen, the ~7 txn/s limit of Bitcoin will become painful.
Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
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Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#722The second I suspect the advice I'm getting is designed to steer me toward an advertiser rather than the best answer - I'm out.
You'll be back.
The danger is we'll get to where we are with Smart TVs where they all kinda have seemed to have embraced an openly user-hostile ads-filled UI and there is nowhere to hide. In which case, yeah you either go with the least bad or hopefully the OSS models are comparable or I just pay a la carte to use the API.
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#723All of these "farewell ChatGPT then!" and "they have no moat anyway" comments here are very strange. Does anyway even remember when Google used to not have ads? The introduction of ads was seen as crazy, yet nobody stopped using Google. People who say there's no moat should spend 5 minutes on social media. A big meme going around is "sure, show my wife or even the general public my most personal and intimate chats an…
Really?! Startpage, DDG, Brave, Ublock, NextDNS, Proton, Mulvad, and all those similar companies and OSS exist literally because people were infuriated at the Big Tech bait-and-switch tactics.
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#724Earlier quoted context omitted.
Stable coins fail when there's a run on the bank. Crypto is a wild west of unregulated banking. They have essentially become tools for money laundering and scam enablers, so it might take a while. But eventually the general public will say "no thanks" to a pain in the ass version of regular money. When the rush to the exits happen, the ~7 txn/s limit of Bitcoin will become painful.
What in the world are you talking about? What stablecoins are you talking about operating at 7tx/s? Why do stablecoins fail when there's a 'run on the bank'? You're mixing so many metaphors here that I'm not sure you know what you're talking about at all. This is a stablecoin: https://en.wikipedia.org/wiki/Dai_(cryptocurrency) . If it isn't permissionless it's not a 'stablecoin' it's an IOU.
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#725Earlier quoted context omitted.
this is one of those HN style comments where business acumen and pertinent sarcasm are wholly indistinguishable .
Poe's Law notwithstanding, I find it hard to believe that anyone would think I was making a good faith business acumen observation. If Optimus walks you to the kitchen to get a coke, what's Tesla's business model? Charge by the nanosecond for compute time?
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#726Earlier quoted context omitted.
> IMO pivoting to ads is a sign of core weakness for OpenAI. Yeah, I've had the same thought for a while now. You don't sell investors on an endeavor for 10s of billions of dollars with the endgame being "sell ads". If that was the endgame then there are a lot less resource and capital intensive ways to get to it. Given all of the discourse of "you need this new tech in your life to continue to participate in society…
> You don't sell investors on an endeavor for 10s of billions of dollars with the endgame being "sell ads". Google is a multi trillion dollar ads company. So is meta. Don’t underestimate ads.
> If that was the endgame then there are a lot less resource and capital intensive ways to get to it.
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#727Earlier quoted context omitted.
Yet, somehow I've been paying $20/month to ChatGPT for years now and I don't use Claude or Gemini even when they're free or have slightly better models.
Oh well if YOU do something then that's that
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#728- ~1 billion users in just 3 years - Extremely personal data on users - Novel way of introducing and learning more about sponsored products - Strong branding for non-techie people (most normal people don't know what Claude or Gemini are) - An app that is getting more and more addictive/indispensable I think OpenAI is going to kill it in ads eventually. This is why Meta and Google went all in on AI. Their lucrative di…
> All free LLM chat apps will need to support ads or they will eventually die due That’s the issue OpenAI has: Gemini is “free” with google search and other google services. If Apple get their act together they can provide a “privacy respecting” AI free with every iPhone. I’ve recently switched from OpenAI as my daily ‘helper’ chatbot to Gemini (I’ve done it with Claude in the past and still use that for coding) and…
Re: Leak confirms OpenAI is preparing ads on ChatGPT for public roll out
#729- ~1 billion users in just 3 years - Extremely personal data on users - Novel way of introducing and learning more about sponsored products - Strong branding for non-techie people (most normal people don't know what Claude or Gemini are) - An app that is getting more and more addictive/indispensable I think OpenAI is going to kill it in ads eventually. This is why Meta and Google went all in on AI. Their lucrative di…
Matt Levine once wrote about OpenAI's business model: ------------------------------------ There’s a famous Sam Altman interview from 2019 in which he explained OpenAI’s revenue model [1] : > The honest answer is we have no idea. We have never made any revenue. We have no current plans to make revenue. We have no idea how we may one day generate revenue. We have made a soft promise to investors that once we’ve built…
Note that the second paragraph about god was the author's opinion. It seems like Matt Levine was wrong to make fun of Altman here.