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US tech giants announce AI plan worth up to $500bn
(www.bbc.co.uk)
Not a small amount of money.
Will OpenAI ever make a dime in profit? At every turn, open-source matches it, but for free. It's competitors aren't fools, part of the push to open-source is to bleed out competitors. I'll be surprised if their isn't a major stock market correction during Trump's term. A lot of this AI investor money could go up in smoke.
I don't think it was ever the plan for OpenAI to make a profit.
True. Like Bitcoin, when something is hyped to the moon this much, its to feed the casino and get the price higher to take profits before it all crashes.
If you can't make a buck from the market, take it from investors.
this post was submitted on 22 Jan 2025
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