[igtt]

The reality is given how much OAI has raised, they have to get to a place where they are doing insane revenues…

We’re talking on the level of meta, google and probably more if they keep raising money.

They really went all in with hubris and they’re gonna get punished eventually.

[fragmede]

Just like Uber did?

[rchaud]

Uber doesn't have to convert hundreds of millions of users to a paid plan - it was paid to begin with. Much easier to raise prices from a low base than to raise them from $0. When push came to shove, Uber also cut payments to drivers and replaced them with a tip screen. Is Nvidia going to accept tip annuities on ChatGPT responses instead of full payment on its chips?

Most importantly, Uber did not have fast-depreciating cars on its balance sheet - OAI meanwhile is planning to spend the GDP of a mid-size nation on owning fast-depreciating datacenters, which they deem necessary to cope with the demand for their services.