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Not even OpenAI's $200/mo ChatGPT Pro plan can turn a profit (www.theregister.com)
submitted 6 months ago by cm0002@lemmy.world to c/technology@lemmy.world
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[-] hark@lemmy.world 81 points 6 months ago

With OpenAI being at the center of the AI hype, I would've thought they'd be raking in the dough instead of losing $5 billion. So it's really just Nvidia making money on this bullshit, huh? It'll hurt when the hype dies down and Nvidia drops from the second top spot on the S&P 500. We're all going to feel that one.

[-] dustyData@lemmy.world 110 points 6 months ago

You know, to make money in a gold rush, don't dig, sell shovels.

[-] sugar_in_your_tea@sh.itjust.works 47 points 6 months ago

And Nvidia has really fancy shovels.

[-] brie@programming.dev 3 points 6 months ago

What is AI gold then?

[-] NotMyOldRedditName@lemmy.world 12 points 6 months ago

Autonomous vehicles, robotics, LLMs

[-] funkless_eck@sh.itjust.works 7 points 6 months ago

nah its whitelabelling AI credits. You build an API connector, charge 3x for a credit and sell it to a business.

[-] cmhe@lemmy.world 4 points 6 months ago

Obsolescence of human workers/employees.

[-] brie@programming.dev 1 points 6 months ago

Makes no sense given that 80% of jobs are bullshit jobs.

[-] cmhe@lemmy.world 1 points 6 months ago* (last edited 6 months ago)

Not sure you understood my point. The "Gold" that people search for when trying to push "AI" is that they have to pay less wages, because they need fewer employees. Wherever they find it, or not is irrelevant.

Automation was always heralded as a time saver, but do employees really need to work less to get the same amount of money? No, because automation is always used to give the top percentages more money for less work, not the workers or the broad public.

[-] whodatdair 56 points 6 months ago* (last edited 6 months ago)

Fuckin LLM bubble needs to burst already. I want some crazy compute cards to play with.

Also, who knew the only people who would pay 2400/yr for access would bebe the ones who plan to make hundreds of queries per day. What do like, people try to think about value for money before they buy stuff?! What are you all… like not filthy rich?! Ew.

[-] db2@lemmy.world 55 points 6 months ago

That's because the whole thing is stupid. Is made by stupids, marketed to stupids, paid by stupids, and for the most part used by stupids. Because they're stupid.

There's a pattern in there if you look closely.

[-] sepi@piefed.social 21 points 6 months ago

I feel like you're putting it down, but for the life of me, I am not picking it up. Can you please try explaining again, but slower? Use simple words. Like I'm stupid or something.

[-] CarbonatedPastaSauce@lemmy.world 4 points 6 months ago

I think he's trying to say it's marketing's fault.

[-] whostosay@lemmy.world 6 points 6 months ago

That's stupid

[-] babybus@sh.itjust.works 6 points 6 months ago

Or you're stupid because you can't use LLMs effectively, don't understand their value, and now you're angry because of that.

[-] ChowJeeBai@lemmy.world 4 points 6 months ago

The amount of money stupid gives to stupid, though. Makes my stomach churn. So much for so little.

[-] Nomad@infosec.pub 32 points 6 months ago

Strange coincidence right as they want to convert to a for-profit company structure. "Bro we are not even making profits, nothing to see here bro"

this post was submitted on 06 Jan 2025
236 points (100.0% liked)

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