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OpenAI might torch $14 billion in 2026, hitting bankruptcy by next year (www.windowscentral.com)
submitted 9 months ago by to c/technology@beehaw.org
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I've been an AI realist from the start. What can the models actually do? What are the limitations? Ultimately, I think there is a place in the market for them - for people who understand the limitations of them and know when they're spewing BS.

I am not shocked at all that OpenAI (and Microsoft being one of it's largest shareholders) is burning cash and suddenly is realizing it may not be able to make good on it's promises. AI reality vs AI hype. Us actual tech people have known since the beginning this was all hype, now finance people are starting to notice (about time).

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[–] 8 points 9 months ago*

b-b-bbut, but it's not a bubble! It's just four megacorps cycling money around between them while they tell everyone the profits will happen any day now! Just as soon as those dumb users start paying for a product we're giving away for free right now... yea, it's all those dumb users' faults! If they would pay dollars for every question, we'd already be in the black! If everyone would just keep giving us money with no tangible returns, we'd already be in the black! Ugh, it's everyone else's fault!

(ok kinda' screwed that up being from a finance bro's perspective but the sentiment is similar...)

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