[jacobr1]

One thing to consider, there is considerable asymmetry between the high training costs and the lower (relatively) operating costs.

> Perhaps ChatGPT is run with massive operating losses and its all VC subsidized.

I'm not in the know either, but the current access is providing both marketing awareness, and significant human training/feedback to be used for improvements on future commercial projects. It could certainly be the case that that benefits outweigh costs compared to the classic, dumber "get eyeballs now, monetize later" strategy.