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