And now OpenAI has Google as their competitor. Besides, Google established a search monopoly by side deals, Android and browser push but they still lost the Asian market. Now OpenAi's got to overcome not only Google, Amazon and Microsoft but also Baidu, Deepseek and the other Asian and European competitors because nobody wants to lose the "AI race" - it's too risky. Without a monopoly, there's no high profit.
Even if you want to give OpenAI the benefit of the doubt by comparing it to other software primos, they're doing terribly. Google, Facebook, Apple, Amazon, etc. were profitable almost immediately after their founding. In the cases where they accumulated losses it was a deliberate effort to capture as much of the market as possible. They could simple hit the brakes and become profitable at will.
In OpenAI's case, every week yet another little-known lab in China releases a 99% competitive LLM at a fraction of their costs.
It's not looking good at all now or in the long-term.