OpenAI Is Just Another Boring, Desperate AI Startup
SMRTR summary
OpenAI has leaked plans to enter numerous markets including social media, workplace productivity, hiring platforms, advertising, cloud computing, semiconductor design, consumer hardware, and web browsers, creating confusion about its actual strategy. Despite these ambitious promises requiring over $1 trillion in funding over five years, OpenAI remains essentially a subscription business making most revenue from ChatGPT users while losing massive amounts of money and spending 150% of its revenue on research and development.
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