According to Ed Zitron, OpenAI needs roughly $1 Trillion over the next four years to honor their current commitments and run the business. For perspective, the projected supply of US venture capital at the end of 2025 is $164B, and the top 10 PE funds combined represent $477B in liquidity.
I’m not sure there’s anything “theoretically” scary about what they’re doing.
If it were not for all the competition, I could see them getting multiple hundreds of billions in revenue each year worldwide. As a business expence, $200/seat/month is alredy worth it in a lot of cases, but it's borderline if there's the ~100e6 such cases they'd need for $1e12 in 4 years.
But there is competition driving down profit margins, and my first paragraph said "revenue" not "profit".
According to Ed Zitron, OpenAI needs roughly $1 Trillion over the next four years to honor their current commitments and run the business. For perspective, the projected supply of US venture capital at the end of 2025 is $164B, and the top 10 PE funds combined represent $477B in liquidity.
I’m not sure there’s anything “theoretically” scary about what they’re doing.
https://www.wheresyoured.at/openai-onetrillion/
If it were not for all the competition, I could see them getting multiple hundreds of billions in revenue each year worldwide. As a business expence, $200/seat/month is alredy worth it in a lot of cases, but it's borderline if there's the ~100e6 such cases they'd need for $1e12 in 4 years.
But there is competition driving down profit margins, and my first paragraph said "revenue" not "profit".
VC has an antitrust problem