There's No Money in The Banana Stand, Michael cover art

There's No Money in The Banana Stand, Michael

There's No Money in The Banana Stand, Michael

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 In this episode, RazedHunter explains how DALL E image generation and applications using ChatGPT APIs don't make OpenAI any money. In fact, they lose money each time someone "prompts" a Gen AI application to output something. In a capitalist world, a business needs to charge at least a little bit more money for a product or service than it costs to produce it. Is Altman a genius playing 4D chess understanding these "services" will pay off eventually, like when Amazon ran at a loss for a few years to expand their business? No signs of 4D chess playing can be found... It's one thing to kill the planet and destroy people's livelihoods if the corporation was making a lot of money in doing so, then there'd at least be a capitalist logic behind it. https://www.google.com/amp/s/www.cnbc.com/amp/2024/09/27/openai-sees-5-billion-loss-this-year-on-3point7-billion-in-revenue.html https://www.ynetnews.com/business/article/bkiagmekxx https://www.theinformation.com/articles/openai-projections-imply-losses-tripling-to-14-billion-in-2026 https://www.reuters.com/technology/openai-annualized-revenue-tops-16-billion-information-2023-12-30/ https://www.windowscentral.com/software-apps/openai-may-endure-massive-usd44-billion-losses-before-seeing-profit-in-2029-partly-due-to-microsoft-tie-up-the-partnership-with-microsoft-might-mean-openai-earns-less-from-each-dollar-of-revenue https://techcrunch.com/2025/01/05/openai-is-losing-money-on-its-pricey-chatgpt-pro-plan-ceo-sam-altman-says/ https://au.finance.yahoo.com/news/costs-much-run-chatgpt-openai-222310434.html https://www.cnbc.com/2025/03/31/openai-funding-could-be-cut-by-10-billion-if-for-profit-move-lags.html?ref=wheresyoured.at https://archive.is/20230320192412/https://www.ft.com/content/951f7a93-92e1-4d74-bdf0-9c461b98e4a2 https://edition.cnn.com/2025/05/05/tech/openai-nonprofit-altman-restructuring https://en.tmtpost.com/post/7279715 https://www.finextra.com/blogposting/25863/the-realities-of-ai-from-hype-to-profitability https://pivot-to-ai.com/2025/01/06/sam-altman-ai-agents-will-totally-replace-your-employees-any-year-now-also-chatgpt-pro-is-losing-money/ https://www.wsj.com/tech/ai/openai-and-microsoft-tensions-are-reaching-a-boiling-point-4981c44f https://web.archive.org/web/20240621100046/https://www.washingtonpost.com/business/2024/06/21/artificial-intelligence-nuclear-fusion-climate/ https://www.google.com/amp/s/m.economictimes.com/news/international/us/openais-sam-altman-limits-chatgpts-ghibli-image-generation-as-gpus-struggle-to-keep-up-with-demandcan-ai-handle-the-viral-craze-or-is-it-too-much-to-sustain/amp_articleshow/119610852.cms https://www.techinasia.com/news/openais-new-reasoning-models-see-rise-in-hallucination-rates
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