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When corporations scrape academic papers, it's justified. When individuals do it, it's inexcusable. (lemmy.ml)
submitted 2 years ago by to c/piracy@lemmy.dbzer0.com
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[–] 2 points 2 years ago (15 children)

Wait, since when it had not been? Or are you telling me that vastly the fastest growing platform in history with multiple payment gates (subscriptions, pay per token, licensing etc.) was not profitable for some reason?

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  • [–] 32 points 2 years ago (4 children)

    Not sure if you are joking but... it does not appear to be making anywhere near the amount of money that has been invested in it.

    It costs a stupendous amount of money to develop the models, to train them, to rent out or just buy the hardware needed to do this, to pay for the electrical power to do this.

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  • [–] 25 points 2 years ago (1 child)

    Not joking, I'm just underinformed

    Now that I think of it, yeah, it makes absolute sense. It's not a stable income OpenAI is based on, but rather the endless wagons of money from hyped up sponsors. Very much unsustainable.

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  • [–] 9 points 2 years ago* (1 child)

    It isn't even close to making a profit. They are bleeding billions per year with no obvious path to breaking even, let alone profiting enough to justify their enormous valuation. It's very much a bubble and I look forward to the day it pops.

    Edit: if you want a lengthy read on the subject https://www.wheresyoured.at/oai-business/

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  • [–] 1 point 2 years ago

    To be fair, if I had an option to effectively invest in Google circa 2004 in 2024 I would toss some spare money at it, and that's basically what OpenAI is offering at this moment. They've established themselves, shown strong leadership and established strong relationships with major companies. They're a leader in a particular product segment and while they could falter and fail, there's enough momentum that they're more likely to be acquired than to actually fail, plus they're swimming in extremely uncharted waters so there's plenty of opportunities for them to both greatly improve ongoing operational efficiency and to create new products with new markets, much like where Google was in 2004

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  • [–] 15 points 2 years ago (3 children)

    Running those datacenters is extremely expensive.

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  • [–] 19 points 2 years ago* (2 children)

    The cost is to the whole world, because they consume enormous amounts of energy and produce essentially nothing. Like bitcoin miners.

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  • [–] 1 point 2 years ago

    AI at least provides a clear product that can be a helpful workforce multiplier, whereas Bitcoin provided an unprotected alternative to traditional markets with none of the safeguards nor legal precedents of traditional markets, so it's only led to illegal activities piled upon illegal activities

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  • [–] 10 points 2 years ago

    Or are you telling me that vastly the fastest growing platform in history with multiple payment gates (subscriptions, pay per token, licensing etc.) was not profitable

    Are you not aware that 99 times out of 100 if you see a tech company rapidly growing it's completely unprofitable and not even attempting to be profitable yet? It's called blitzscaling and is pretty clearly what openai is attempting. Like if you see a tech company quickly growing you should be assuming it's unprofitable until proven otherwise not the opposite lol.

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