OpenAI Still Can’t Turn A Profit Until “At Least” 2030 Despite $121b AI Spending In 2028
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Guys. I’ve worked it out. I’ve solved the problem guys. It’s so OBVIOUS.
Look, it’s a well known thing now that OpenAI just doesn’t make money and has been struggling to find out how to capitalize off their insanely costly technology.
But guys. That’s the point. They can’t make a profit off ChatGPT because they’re a non-profit. It all makes sense now! They can’t legally make money because they exist for the good of humanity. Of course! It’s so OBVIOUS now! Those defense contracts were a charitable endeavor!
Wait, what’s that? OpenAI is still technically a non-profit but it’s a shell company that manages a for-profit company within that non-profit? …oh. Well. ok. I mean, that doesn’t sound shady at all…
So what’s the actual headline? Oh yeah. I couldn’t actually find this headline outside of a tweet, but I buy it. AI can’t make money, but people keep spending on it. $121 billion sounds small even.
Does it mean there’s a bubble? Well, yes, but that doesn’t mean it’s going to pop any time soon nor does it mean that AI has no utility.
I for one use AI to supplement my personal human social relationships.
Will I ever pay for that service? Fuck no.
And that’s part of the problem, right? Everything’s free now so everyone expects everything for free which means no one wants to pay and we need another revenue stream and all anyone’s ever been able to think of is advertising so adverts are literally everywhere now and everything is unusable.
Can’t wait for ChatGPT to go the same way.
Oh the other model is selling data to the advert companies. OpenAI’s doing that too.
OH but there’s a secret third option if you don’t mind going evil and that’s defense contracts. Yeah, if consumers refuse to pay you any money then force them to through taxes and get your friends to agree to funnel that money into your face.
Easy. Peasey.
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