The problem is that OpenAI will have to keep doing this basically indefinitely, as otherwise open-source commodity models will catch up with them and offer an equivalent product at a much lower cost. If the company is reliant on having to keep paying more than it's making on its current model to train new models, I don't see how it can ever become a sustainable business.

This claim that if they stopped training new models wouldn’t the old ones become stale as things are updated? Not sure how quickly that would occur but it does seem likely as the world moves fast

I would think that logic only works if opensource models like llama don't catch up? In other words the models don't become a commodity.

Future profit? Isn't that what every company in the red claims?

Ofcourse in the 21st century none of this actually matters people just want to buy low sell high.

I can’t help but feel their push to go public is driven by their having milked the private markets dry.

[dead]

The duration of this hype-cycle/bubble has exceeded my expectations.

Also most of it is from ads, not from their AI or cloud products. I wonder when OpenAI will start to serve ads as much as Google does, they certainly have people's attention a lot of times throughout the day looking at how people around me use their services.