this post was submitted on 27 Dec 2024
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OpenAI announces plan to transform into a for-profit company (www.theverge.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 week ago

It's also like that for nearly every technology that has failed. For every Amazon that ran in the red until it grabbed enough market share to make a profit, there are 1000 firms that went tits-up, never having turned a profit. (Actual constant may vary from 1000, but it's pretty damn big regardless).