this post was submitted on 13 Aug 2023
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Text: Headline: ChatGPT in Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day Subhead: OpenAI spends about $700,000 a day, just to keep ChatGPT going. The cost does not include other AI products like GPT-4 and DALL-E2. Right now, it si pulling through only because of Microsoft's $10 billion funding.

Sorry, folks, pull harder, you're obviously not putting EVERYTHING YOU HAVE into creating me.

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[–] maol@awful.systems 1 points 1 year ago

Same business model of every tech startups of the late 20 years - use investor cash to pull through years of making no money until you either crash & burn or eliminate all traditional competition and can start charging customers bullshit prices