cm0002@lemmy.world to Technology@lemmy.worldEnglish · 14 days agoOpenAI announces plan to transform into a for-profit companywww.theverge.comexternal-linkmessage-square60fedilinkarrow-up125arrow-down10
arrow-up125arrow-down1external-linkOpenAI announces plan to transform into a for-profit companywww.theverge.comcm0002@lemmy.world to Technology@lemmy.worldEnglish · 14 days agomessage-square60fedilink
minus-squareconfusedbytheBasics@lemmy.worldlinkfedilinkEnglisharrow-up2·14 days agoHow fast are they burning money right now?
minus-squarecurbstickle@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·14 days agoBased on their funding rounds, $10 billion lasts about 18 months. So about $555 million per month.
minus-squarethemurphy@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down2·14 days agoThey don’t care if they earn money the next 5-7 years. And they will hit the point of a great model doing human work for less than a monthly salary. It’s just a matter of time.
minus-squarefine_sandy_bottom@lemmy.federate.cclinkfedilinkEnglisharrow-up3·14 days agoI’m incredulous. There was that thread asking what people are using LLMs for and it pretty much came down to “softening language in emails”. For most jobs LLMs can provide a small productivity bump. IMO if an LLM can do most of your job then you’re not producing much value anyway.
minus-squarepurrtastic@lemmy.nzlinkfedilinkEnglisharrow-up0·14 days agoLLMs are not advancing enough any more. There just isn’t any more useful human generated text to train new models on. The net is already full of AI generated slop. OpenAI currently spends 2.35 USD to make 1 USD. It’s fundamentally unsustainable.
minus-squarethemurphy@lemmy.mllinkfedilinkEnglisharrow-up1·14 days agoIt costs 1 billion dollars to develop solar cells before they even sell the first product. The costed 100.000 dollars when starting to sell. They go for under 10 bucks per square today. And it’s like that for any technology ever invented.
How fast are they burning money right now?
Based on their funding rounds, $10 billion lasts about 18 months.
So about $555 million per month.
They don’t care if they earn money the next 5-7 years.
And they will hit the point of a great model doing human work for less than a monthly salary. It’s just a matter of time.
I’m incredulous.
There was that thread asking what people are using LLMs for and it pretty much came down to “softening language in emails”.
For most jobs LLMs can provide a small productivity bump.
IMO if an LLM can do most of your job then you’re not producing much value anyway.
LLMs are not advancing enough any more. There just isn’t any more useful human generated text to train new models on. The net is already full of AI generated slop. OpenAI currently spends 2.35 USD to make 1 USD. It’s fundamentally unsustainable.
It costs 1 billion dollars to develop solar cells before they even sell the first product.
The costed 100.000 dollars when starting to sell.
They go for under 10 bucks per square today.
And it’s like that for any technology ever invented.