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Why OpenAI Is A Terrible Business (omny.fm)

submitted 9 months ago by z3rOR0ne@lemmy.ml to c/fuck_ai@lemmy.world

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As of last week, OpenAI is now worth $157 billion - yet below the hood is a far darker story. In this episode, Ed Zitron explains the cold, hard truth - that OpenAI is a terrible business that burns billions of dollars, and its failure to scale its cloud business tells a dark tale about the wider generative AI industry.

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[–] Crewman@sopuli.xyz 9 points 9 months ago (2 children)

One of the points I find concerningis that businesses built on the current price point for the different models are going to get wiped out when they have to raise prices to keep the lights on.

[–] vrighter@discuss.tchncs.de 12 points 9 months ago (1 children)

none of them can say they haven't been warned. It's common knowledge that they're haemhorraging money, it's only a matter of time before the investors start wanting some sort of return

[–] FlyingSquid@lemmy.world 3 points 9 months ago

I just want to know what's going to happen to all the data centers being built to handle all of this needless LLM shit that almost no one wants.