Comment by borski

All of which is more theory. Of course nobody can predict the future. Your argument is essentially “they have enough money and enough ability to attract more that they’ll figure it out,” just like Amazon did, who were also famously unprofitable but could “turn it on at any time.”

FT’s argument is, essentially, “we’re in a bubble and OpenAI raised too much and may not make it out.”

Neither of us knows which is more correct. But it is certainly at least a very real possibility that the FT is more correct. Just like the Internet was a great “game changer” and “bubble maker,” so are LLMs/AI.

I think it’s quite obvious we’re in a bubble right now. At some point, those pop.

The question becomes: is OpenAI AOL? Or Yahoo? Or is it Google?

I don’t think anybody is arguing it’s Pets.com.