OpenAI Won’t Make Money Until 2030 Unless It Finds $207b Fast
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Of course it won’t. It’s a ‘non-profit’. Do you even know what that means? Are you dumb?
HSBC, the world’s local bank, has just released a report saying that OpenAI is a little bit screwed, actually, but what do they know? Are they financial analysts? Oh, they are, oh, ok…
So HSBC’s Global Investment Research (or ‘girrrrr’ for short) estimates that OpenAI won’t be profitable until 2030, which sounds like a long time but that’s only four years away. Where does the time go?
The numbers don’t really add up given how massive and important OpenAI is. Hell, I don’t know about you guys but without ChatGPT I’m basically illiterate. And by 2030, husbucuh anticipates that 44% of the population will be using one of the alt man’s products. So it’s a real shame for them that they still don’t really know how to monetize this thing.
OpenAI? More like, struggling to pay the bills…
They’re trying different things, sure. You’ve got the new web browser. You’ve got ads in your ChatGPT, fine. But none of these make it enough of a product to justify the inordinate costs of running this thing. OpenAI’s business model is based entirely on growth which is fine, so long as that growth is exactly what you expect, the moment it dips below, well then, phhhff, you know what that means…
…please, tell me because I have no idea.
The Happy Sappy Banking Company also said that to keep up with its estimated growth plans, OpenAI will need to raise about $207 billion in funds by 2030. And I know that sounds like a lot, but that’s because it is.
Who knows, maybe OpenAI will go for profit sooner than we thought, and we’ll start seeing ChatGPT spin off breakfast cereal before the decade’s out. …Hey, you gotta make money somehow.
You want more on this story? Firstly, what is wrong with you? Secondly, click here: OpenAI’s Money Problem: Why the Government Might Have To Bail Them Out With Public Funds
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