No, Open AI will not earn their valuation, except by hype-paper, but I think that paper mache ship sailed and sank already. Uber managed to IPO without a cent of profits, and with no business plan to ever be profitable. But that is rare, and I don't think it will be repeated. Operating costs of "AI" are too high. Once IPO happens, if the…
No, Open AI will not earn their valuation, except by hype-paper, but I think that paper mache ship sailed and sank already. Uber managed to IPO without a cent of profits, and with no business plan to ever be profitable. But that is rare, and I don't think it will be repeated. Operating costs of "AI" are too high. Once IPO happens, if the company can keep paying hefty salaries to its executives, it will keep going, even if it loses money the whole time.
No, Open AI will not earn their valuation, except by hype-paper, but I think that paper mache ship sailed and sank already. Uber managed to IPO without a cent of profits, and with no business plan to ever be profitable. But that is rare, and I don't think it will be repeated. Operating costs of "AI" are too high. Once IPO happens, if the company can keep paying hefty salaries to its executives, it will keep going, even if it loses money the whole time.