OpenAI could be on the brink of bankruptcy in under 12 months, with projections of $5 billion in losses

Have they tried replacing their workers with AI to save money?

Now that capital has integrated them into their system they will not be allowed to fail. At least for now.

Good, please take the entire fake industry with you

No offense to the AI researchers here (actually maybe only one person lol), but the people who lead/make profit off of/fundraise off of your efforts now are demons

Inshallah

I hate when people say 'LLMs have legitimate uses but...'. NO! THEY DONT! Its entirely a platform for building scams! It should be burnt to the ground entirely

1 trillion more parameters just a trillion more parameters bro i swear we'll be profitable then bro

Lol

As far as "AI" goes, it's here to stay. As for OpenAI they will probably be bought off by one of the big ones, as is usually the case with these companies.

Nature is healing.

and nothing of value is at risk of being lost

good

big holders with insider information change to short positions to make money during the crash by putting their shares up as collateral to investment banks in exchange for loans, the bubble bursts, smaller investors lose money, the government steps in and bails them out because they're "too big to fail" the torment nexus continues humming along

Is this because AI LLMs don't do anything good or useful? They get very simple questions wrong, will fabricate nonsense out of thin air, and even at their most useful they're a conversational version of a Google search. I haven't seen a single thing they do that a person would need or want.

Maybe it could be neat in some kind of procedurally generated video game? But even that would be worse than something written by human writers. What is an LLM even for?

it's because chatgpt didn't say enough slurs

I think a solution could be to make it burn even more fossil fuels per query

The thing that isn't really mentioned here is that the largest OpenAI investor is Microsoft, and most of the money OpenAI spends is on Microsoft cloud services. So basically OpenAI is an internal Microsoft capital investment. They won't let it fail, but they might kill it if it loses money for long enough.

I like how it mentions Nvidia and Microsoft as if this shit is an anomaly and it's actually profitable for the other guys and won't collapse we promise

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Microsoft won't let them fail, it would be too emberassing.

Startups having 12 months of runway before insolvency is pretty normal. OpenAI's valuation and burn rate might be a problem since they'll need to do a bigger round, but I doubt it. They are basically the hottest startup on the planet right now. I think this article is interesting but ultimately doesn't mean anything.

But then who will build the torment nexus?!

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Lol, lmao

Wow so the tech industry overhyped something to boost stocks. Unbelievable

I think the effect that generative AI has had on the ability to steal from hardworking content creators is worth more than $5 billion to these demons.

Dot com bust incoming?

Good! Great even!