They are choosing to abstain from using artificial intelligence for environmental, ethical and personal reasons. Maybe they have a point, writes Guardian columnist Arwa Mahdawi
They do know how to monetize it. API access generated $1Billion in 2023. There’s also huge R&D potential in fields like genetic research and medicine.
Profitability is another question though. Likely we’re waiting for advances in cold fusion or late stage renewable development for energy costs to go down enough.
I know, I regularly sleep with one of the researchers involved with several similar pojects (aren’t I cool). Fascinating stuff though! Very much not comparable to commercial LLMs, though.
They do know how to monetize it. API access generated $1Billion in 2023. There’s also huge R&D potential in fields like genetic research and medicine.
Profitability is another question though. Likely we’re waiting for advances in cold fusion or late stage renewable development for energy costs to go down enough.
And all that $1B revenue cost them was a $5B loss! https://www.wheresyoured.at/howmuchmoney/
Yes my second paragraph alleged as much. Not that you read that far of course.
Ironically he could have asked AI to summarize it.
Thank you.
As much as I hate AI… I think I hate the people who hate AI more lol
AI having to wait on cold fusion for profitability is one of the funnier concepts I’ve heard today, thank you.
It’s being used to research fusion too
I know, I regularly sleep with one of the researchers involved with several similar pojects (aren’t I cool). Fascinating stuff though! Very much not comparable to commercial LLMs, though.
People pay for the “premium” because they believe the makers who said it can increase their profitability and make them money.
My employer keeps trying to shove it down our throats too.
They’re desperate to find anyway to make it reduce work, be cause they’ve already paid for it under the assumption it would let them cut staffing
Now they’re finding out they got swindled, do you think they’ll re-up on AI?
The AI companies offloaded how to monetize it to consumers and scared them into being left behind unless they discovered how to use it.
It’s a short term bubble.