What a silly article. 700,000 per day is ~256 million a year. Thats peanuts compared to the 10 billion they got from MS. With no new funding they could run for about a decade & this is one of the most promising new technologies in years. MS would never let the company fail due to lack of funding, its basically MS's LLM play at this point.
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When you get articles like this, the first thing you should ask is "Who the fuck is Firstpost?"
Yeah where the hell do these posters find these articles anyway? It's always from blogs that repost stuff from somewhere else
The difference is in who gets the ad money.
Openai biggest spending is infrastructure, Whis is rented from... Microsoft. Even if the company fold, they will have given back to Microsoft most of the money invested
MS is basically getting a ton of equity in exchange for cloud credits. That's a ridiculously good deal for MS.
While title is click bite, they do say right at the beginning:
*Right now, it is pulling through only because of Microsoft's $10 billion funding *
Pretty hard to miss, and than they go to explain their point, which might be wrong, but still stands. 700k i only one model, there are others and making new ones and running the company. It is easy over 1B a year without making profit. Still not significant since people will pour money into it even after those 10B.
I mean, you're correct in the sense Microsoft basically owns their ass at this point, and that Microsoft doesn't care if they make a loss because it's sitting on a mountain of cash. So one way or another Microsoft is getting something cool out of it. But at the same time it's still true that OpenAI's business plan was unsustainable hyped hogwash.
Their business plan got Microsoft to drop 10 billion dollars on them.
None of my shitty plans have pulled that off.
There's no way Microsoft is going to let it go bankrupt.
That's $260 million .There are 360 million paid seats of MS360. So they'd have to raise their prices $0.73 per year to cover the cost.
That would explain why ChatGPT started regurgitating cookie-cutter garbage responses more often than usual a few months after launch. It really started feeling more like a chatbot lately, it almost felt talking to a human 6 months ago.
I don't think it does. I doubt it is purely a cost issue. Microsoft is going to throw billions at OpenAI, no problem.
What has happened, based on the info we get from the company, is that they keep tweaking their algorithms in response to how people use them. ChatGPT was amazing at first. But it would also easily tell you how to murder someone and get away with it, create a plausible sounding weapon of mass destruction, coerce you into weird relationships, and basically anything else it wasn't supposed to do.
I've noticed it has become worse at rubber ducking non-trivial coding prompts. I've noticed that my juniors have a hell of a time functioning without access to it, and they'd rather ask questions of seniors rather than try to find information our solutions themselves, replacing chatbots with Sr devs essentially.
A good tool for getting people on ramped if they've never coded before, and maybe for rubber ducking in my experience. But far too volatile for consistent work. Especially with a Blackbox of a company constantly hampering its outputs.
As a Sr. Dev, I'm always floored by stories of people trying to integrate chatGPT into their development workflow.
It's not a truth machine. It has no conception of correctness. It's designed to make responses that look correct.
Would you hire a dev with no comprehension of the task, who can not reliably communicate what their code does, can not be tasked with finding and fixing their own bugs, is incapable of having accountibility, can not be reliably coached, is often wrong and refuses to accept or admit it, can not comprehend PR feedback, and who requires significantly greater scrutiny of their work because it is by explicit design created to look correct?
ChatGPT is by pretty much every metric the exact opposite of what I want from a dev in an enterprise development setting.
Search engines aren't truth machines either. StackOverflow reputation is not a truth machine either. These are all tools to use. Blind trust in any of them is incorrect. I get your point, I really do, but it's just as foolish as believing everyone using StackOverflow just copies and pastes the top rated answer into their code and commits it without testing then calls it a day. Part of mentoring junior devs is enabling them to be good problem solvers, not just solving their problems. Showing them how to properly use these tools and how to validate things is what you should be doing, not just giving them a solution.
Don't underestimate C levels who read a Bloomberg article about AI to try and run their entire company off of it...then wonder why everything is on fire.
Copilot is pretty amazing for day to day coding, although I wonder if a junior dev might get led astray with some of its bad ideas, or too dependent on it in general.
Edit: shit, maybe I’m too dependent on it.
But what did they expect would happen, that more people would subscribe to pro? In the beginning I thought they just wanted to survey-farm usage to figure out what the most popular use cases were and then sell that information or repackage use-cases as an individual added-value service.
If AI was so great, it would find a solution to operate at fraction of the cost it does now
Wait, has anybody bothered to ask AI how to fix itself? How much Avocado testing does it do? Can AI pull itself up by its own boot partition, or does it expect the administrator to just give it everything?
Really says something that none of your responses yet seem to have caught that this was a joke.
Deepmind is actually working on an AI that improve performances of low level programs. It started with improving sorting algorithm.
It's an RL algorithm.
Main issue is that everything takes time, and expectations on current AI are artificially inflated.
It will reach the point most are discussing now, it'll simply take a bit longer than people expect
Clickbait crap.
It's Firstpost, their Kremlin-bootlicking YouTube videos are even worse. Just below Forbes Breaking News trash.
huh, so with the 10bn from Microsoft they should be good for... just over 30 years!
ChatGPT has the potential to make Bing relevant and unseat Google. No way Microsoft pulls funding. Sure, they might screw it up, but they'll absolutely keep throwing cash at it.
This article has been flagged on HN for being clickbait garbage.
It is clearly no sense. But it satisfies the irrational needs of the masses to hate on AI.
Tbf I have no idea why. Why do people hate a extremely clever family of mathematical methods, which highlights the brilliance of human minds. But here we are. Casually shitting on one of the highest peak humanity has ever reached
Indian newpapers publish anything without any sort of verification. From reddit videos to whatsapp forwards. More than news, they are like an old chinese whispers game which is run infinitely. So take this with a huge grain of salt.
Pretty sure Microsoft will be happy to come save the day and just buy out the company.
it feels like, that was the plan all along
A couple of my coworkers will have to write their own code again and start reading documentation
This article is dumb as shit
No sources and even given their numbers they could continue running chatgpt for another 30 years. I doubt they're anywhere near a net profit but they're far from bankruptcy.
Right!? I believe it has the hallmark repetitive blandness indicating AI wrote it (because oroboros)
This is alarming...
One of the things companies have started doing lately is signaling "we could do bankrupt", then jumping ahead a stage on enshittification
A company that just raised $10b from Microsoft is struggling with $260m a year? That's almost 40 years of runway.
They are choosing to spend that much. That doesn't suggest that they expect financial problems.
Of course it will, all these companies are funded by tech giants and venture capitalist firms. They don't make money they cost money.
Good riddance.
Well, I was happily paying them to lewd up the chatbots, but then they emailed me telling me to stop. I guess they don't want my money.