110 billion more pumped into a company with no sustainable business model in sight
110 billion more pumped into a company with no sustainable business model in sight
110 billion more pumped into a company with no sustainable business model in sight š«§
OpenAI has made revenue.
It hasnāt made profit.
when someone says āthats never made a centā they dont mean revenue, they mean profit
No. The statement is ambiguous. I provided clarification.
A counter example to prove my point. No-one claims that Uber has never made a cent.
We are grateful for the support from our partners and have a lot of work to do to bring you the tools you deserve.
What about the ram and storage I deserve?
Exactly. Nobody asked for AI.
What we ask for is cheap storage and RAM.
They are taking away something we want, and replacing it with something we donāt want.
What we ask for is cheap storage and RAM.
eh, I look at as: we already paid for cheap storage and ram, but the AI buildouts are gobbling those markets up instead of creating their own supply chains.
Ballpark $100,000,000,000 and five years per factory.
Modern semiconductors are very complicated to produce.
A hundred billion? I donāt actually know, but that seems too high. Iāve worked as an automation engineer in a bunch of factories and know that you can get a fairly complex fairly large factory for 9 figures. I know semiconductors are complicated but so are a lot of things. Iād guess itās closer to a billion depending on scale/size/location.
5 years to start up a factory is fast, but doable.
This came from looking up how much people are currently spending to build a ram fab. Itās worth remembering that the tools used are very complex and are also impacted by the massive spike in semiconductor prices.
blackridgeresearch.com/ā¦/tsmc-arizona-fab-united-ā¦
eteknix.com/micron-begins-construction-of-its-masā¦
tomshardware.com/ā¦/intel-delays-usd100-billion-ohā¦
Theyāre quite literally making some of the most complicated and intricate things on the planet.
The vast majority of the cost is tools, and when the price of those spikes due to shortage the cost goes up insanely fast.
Cost estimates from even a just a few years ago have the cost being $10 to $20 billion.
Its not 110 billion up front. Its setup to hit 110 billion in basically 3 stages if they hit certain metrics like AGI or going public.
The first stage is something like 40 billion based on reports. Still a fuckton, but as usual altman is hyping sokething that hasent actually happened.
110
Billion
Dollars

Look, itās simple. In capitalism it works like this:
Money = more money
Society = money
You = society
More society = more money
Society = more money
Thank you for your attention to this matter.
the tools you deserve
What did we do wrong to deserve this?
Two large pieces of wood, and a few 9-inch nails.
Per billionaire.