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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day
(www.firstpost.com)
this post was submitted on 13 Aug 2023
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It's definitely become a part of a lot of people's workflows. I don't think OpenAI can die. But the need of the hour is to find a way to improve efficiency multifold. This will make it cheaper, more powerful and more accessible
I think they're just trying to get people hooked, and then they'll start charging for it. It even says at the bottom of the page when you're in a chat:
I don’t think it’s at all clear that that’s a viable business strategy in a market where that kind of sleight of hand is as well known as it is right now
Except for the fact that they've said for the entire existence of chatgpt that it's a free research preview.
At a $250mm/yr burn rate and a revenue of… a lot less than that, they can die pretty quickly
Agreed. But it will be a significant loss for a big chunk of people since other LLMs aren’t nearly as good as GPT-4.
That’s fine, I don’t care that there is a good LLM