But when you think Google did ~$265B in ad revenue last year (a large portion of their ~$350B in total revenue) - I think $500B is probably about right for OpenAI.
ChatGPT has 800 million users today. Not crazy to bet on that being 1B within the next couple years. If they turned on ads for that product alone the advertising revenue would be immense. They also have so many other avenues to find and generate revenue from (partnerships, FDEs, their PaaS).
I can see why investors are still piling in at $500B. The bets are 1) The costs will come down 2) they will start to capture a lot of revenue from their products and services 3) their consumer products will continue to grow.
None of these seem crazy to me. OpenAI could well be a legit $1T+ company (based on revenue + growth) in the not too distant future.
I also believe someone could build/replace a product with 100% LLM written code - I just don't believe the effort involved in the building/maintenance of it is so low that it's worth doing.
I'm curious with the latest trend of AI CEOs/hypsters talking about the "end of SaaS" and non-technical people replacing software tools with their own "vibe-coded" software... are people on here doing that already? If so, what specifically did you replace/build?I think HN is good litmus test as a lot of people here are at least somewhat technical.I'd describe myself as a decent mid-level-ish...
We're building an M&A deal management platform currently targeted towards small-medium sized firms in the US.
We're using LLMs/RAG to build some super exciting features that are genuinely boosting the productivity of our customers!
Super early stage, we've just closed a pre-seed round and are looking to hire our first engineer!
Our stack is Go, Postgres, Graphql, React & Typescript.
Email me (dan@) with a quick intro + LinkedIn/Github etc.
I'm curious to hear what people think the next 10 years of the tech industry looks like given the recent rapid advancements in AI.Will there be mass redundancies?What would a programmer's job look like, if there's a need for programmers at all?What skills do you think would be in high demand?
Android Developer with 3+ years experience. Can work with Kotlin or Java. I also have experience with Rails and Django.
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