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OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman
  • Docker fired 80% of their staff and went almost bankrupt, they were literally dead company and they make like 100 millions a year right now after 13 years. Docker inc was founded in Oct 2011. They got $435.9M founding according to crunchbase so they were valued at around 4 billions.
    https://sacra.com/research/docker-plg-pivot/
    https://www.crunchbase.com/organization/docker

    Open AI wants like a magnitude higher 6.5 billion for a year. They are valued at around 100 billions but they are nowhere where docker was when they were receiving big money. They want to be a consumer product and docker wanted to be consumer product and it failed. Github wanted to be consumer product and they got acquired by microsoft before they went bankrupt.

    Just from this month they trying to sell it as much as they can.

    OpenAI COO Says ChatGPT Passed 11 Million Paying users.
    https://www.theinformation.com/articles/openai-coo-says-chatgpt-passed-11-million-paying-subscribers
    OpenAI hits more than 1 million paid business users.
    https://www.reuters.com/technology/artificial-intelligence/openai-considers-pricier-subscriptions-its-chatbot-ai-information-reports-2024-09-05/

    6.5 billion they seeking divided by 11 million customers it's 590 dollars per year and they charge 20 bucks per month that's 240 dollars per year before taxes. They are loosing roughly 350 dollars per customer so they need at least double number of customers next year. Who is willing to pay 240 dollars per yer for technology that tells them what to do ? If I'm told what to do it's called job and actually my employer is paying me for that not other thing around.

    This is just another corporate product nobody wants so corporate will buy it and they will need to pay like what 6500 dollars per year to use it, given adoption of 1 million corporate users. Who is willing to pay 6500 per year per user for technology that needs such computing power to stay relevant that microsoft needs to revive power plant to cut costs.
    https://www.msn.com/en-us/money/other/microsoft-wants-three-mile-island-to-fuel-its-ai-power-needs/ar-AA1qUc5g

    This won't survive.

  • OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman
  • But their operation cost is 5 billions per year, they plan to raise 6.5 billions from microsoft, apple and nvidia this year and they have not raised it yet. If their model fail next year and sales not happen will shareholders of big 3 pay 6.5 billions in 2026. There were couple companies that raised such amount of money at start like for example Docker Inc. Where is Docker now in enterprise ? They needed to change licensing model to even survive and their operation cost is just storage of docker containers. I doubt openai will survive this decade. Sam Altman is just preparing for Microsoft takeover before the ship is sunk.

  • #StopKillingGames Update: Germany becomes 4th county to hit threshold
  • I live that long that I know that anybody can sue anyone for anything if they have enough time and / or money. It's just a matter of incorporating company in a country of imaginary victim and convincing court that you have rights to do something. Nothing new, that's how globalisation works.

  • #StopKillingGames Update: Germany becomes 4th county to hit threshold
  • I see you're straight to the point, they will put big banner on box version of the game next to the pegi stamp that says it can harm you if you buy it - just like on alcohol and tobacco to prevent you from unconsciously using this bad game. That's what gonna happen and I will laugh like I laughted from cookie and GDPR popups.

  • #StopKillingGames Update: Germany becomes 4th county to hit threshold
  • You look like a person who knows exactly how EU legislation works, how much we need lawyers and gaming industry experts from biggest gaming companies telling us how gaming should look like because law won't write by itself.

    Funny how biggest problem in gaming is people spending money on product that stopped working after 10 years from release.

    Let's bring government standards from other industries into gaming so people could complain more.

    Let's ruin gaming together ! Teach me because I know nothing about life.

  • #StopKillingGames Update: Germany becomes 4th county to hit threshold
  • Because gaming like any other industry needs regulation and politics instead of educating people to think and make conscious decisions. I just can't wait for governments start taking care of gaming. I can't say that the goal isn't noble but it will result with taxes and billion dollars funds that will double the prices of games and regulate market so only corporate will be able to afford to publish and make games. Good Luck. I'm to old for this shit.

  • Jeff's magic money machine
  • Just buy some commercial property, island, luxury house that is worth 100M, it can be done in less then a week. 3 weeks left to think and organize how to spend 1 billion in 1 day.

  • French artists, DJs and musicians unite to fight threat of far-right government
  • Let's watch poor people fight each other for one last time before civilisation collapse, in the name of art because rich people can't use religion and authority anymore to keep their positions. Is this the real life ?

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    vane @lemmy.world
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