News for hackers. Stuff that matters.
Re:Google “We Have No Moat, and Neither Does OpenAI” by deelowe on Thursday May 04, 2023 @01:02PM (#35818648)
It seems the plan is to be a loss leader until scale is sufficient to reach near AGI levels of capability.
Re:Google “We Have No Moat, and Neither Does OpenAI” by nirav72 on Thursday May 04, 2023 @01:11PM (#35818787)
There was some indication recently that OpenAI was spending over $500k/day to keep it running. Not sure how long thats going to last. AGI is still a pipe dream. Sooner or later , they’re going to have to make money.
Re:Google “We Have No Moat, and Neither Does OpenAI” by blihp on Thursday May 04, 2023 @01:29PM (#35819091)
Oh no, they're going belly up in 20,000 days! (i.e. $10B / 500k) Compute is going to keep getting cheaper and they're going to keep optimizing it to reduce how much compute it needs. I'm more curious about their next steps rather than how they're going to keep the lights on for ChatGPT.
Re:Google “We Have No Moat, and Neither Does OpenAI” by adrianmonk on Thursday May 04, 2023 @02:05PM (#35819636)
Re:Google “We Have No Moat, and Neither Does OpenAI” by cmelbye on Thursday May 04, 2023 @01:24PM (#35819012)
Assuming you're talking about the free ChatGPT product, it's important to consider the value of the training data that users are giving them.

Beyond that, they are making a lot of money from their enterprise offerings (API products, custom partnerships, etc.) with more to come soon, like ChatGPT for Business.

Re:Google “We Have No Moat, and Neither Does OpenAI” by phatfish on Thursday May 04, 2023 @03:52PM (#35821173)
I know there are use cases out there, so it's not a dig. I'm curious how many enterprises are actually spending money with OpenAI right now to do internal development. Have they released any figures?
Re:Google “We Have No Moat, and Neither Does OpenAI” by Workaccount2 on Thursday May 04, 2023 @02:27PM (#35819967)
$500k/day for a large tech company is absolutely peanuts. Open.AI could probably even get away with justifying $5M/day right now.