top | item 43898986 (no title) BosunoB | 10 months ago Most of that 9 billion was spent on training new models and on staff. If they stopped spending money on R&D, they would already be profitable. discuss order hn newest JumpCrisscross|10 months ago > if they stopped spending money on R&D, they would already be profitableOpenAI has claimed this. But Altman is a pathological liar. There are lots of ways of disguising operating costs as capital costs or R&D. PUSH_AX|10 months ago In a space that moves this fast and is defined by research breakthroughs, they’d be profitable for about 5 minutes. ezekg|10 months ago Says literally every startup ever i.r.t. R&D/marketing/ad spend yet that's rarely reality. ahtihn|10 months ago > If they stopped spending money on R&D, they would already be profitable.The news that they did that would make them lose most of their revenue pretty fast. PeterStuer|10 months ago But only if everyone else stopped improving models as well.In this niche you can be irrellevant in months when your models drop behind.
JumpCrisscross|10 months ago > if they stopped spending money on R&D, they would already be profitableOpenAI has claimed this. But Altman is a pathological liar. There are lots of ways of disguising operating costs as capital costs or R&D.
PUSH_AX|10 months ago In a space that moves this fast and is defined by research breakthroughs, they’d be profitable for about 5 minutes.
ezekg|10 months ago Says literally every startup ever i.r.t. R&D/marketing/ad spend yet that's rarely reality.
ahtihn|10 months ago > If they stopped spending money on R&D, they would already be profitable.The news that they did that would make them lose most of their revenue pretty fast.
PeterStuer|10 months ago But only if everyone else stopped improving models as well.In this niche you can be irrellevant in months when your models drop behind.
JumpCrisscross|10 months ago
OpenAI has claimed this. But Altman is a pathological liar. There are lots of ways of disguising operating costs as capital costs or R&D.
PUSH_AX|10 months ago
ezekg|10 months ago
ahtihn|10 months ago
The news that they did that would make them lose most of their revenue pretty fast.
PeterStuer|10 months ago
In this niche you can be irrellevant in months when your models drop behind.