News for hackers. Stuff that matters.
Re:I deeply regret my participation in the board's actions by anonylizard on Monday November 20, 2023 @09:11AM (#38348413)
OpenAI was guaranteed to be profitable, extremely so, if they just continued down the path Sam layed out like a week ago.

Now its guaranteed to generate 0 profits, so all that 'profit share/pseudoequity' is worth nothing.

Re:I deeply regret my participation in the board's actions by qwebfdzsh on Monday November 20, 2023 @09:26AM (#38348707)
> OpenAI was guaranteed to be profitable, extremely so,

Was it though? I'd agree that it was almost guaranteed to have a very high valuation. However profitability is a slightly different matter.

Depending on their arrangements/licensing agreements/etc much of those potential profits could've just went to MS/Azure directly.

Re:I deeply regret my participation in the board's actions by edgyquant on Monday November 20, 2023 @09:18AM (#38348546)
> Now its guaranteed to generate 0 profit

Literal fan fiction

Re:I deeply regret my participation in the board's actions by acjohnson55 on Monday November 20, 2023 @11:01AM (#38349787)
Developing, training, and running AI models is not cheap, and it's very much an open question of whether the money users are willing to pay covers the cost.