Technology

34343 readers

888 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago

MODERATORS

MinutePhrase@lemmy.ml

185

[❓] ChatGPT's fate hangs in the balance as OpenAI reportedly edges closer to bankruptcy (www.windowscentral.com)

submitted 1 year ago* (last edited 1 year ago) by bahmanm@lemmy.ml to c/technology@lemmy.ml

77 comments fedilink hide all child comments

Investors are barely breaking even as the venture is hardly making any profits due to a shortage of chips, divided interests, and more.

... OpenAI has already seen a $540 million loss since debuting ChatGPT.

... OpenAI uses approximately 700,000 dollars to run the tool daily.

⚠️ First off, apologies as I didn't cross check. Take it w/ a grain of salt.

This piece of news, if true, somehow explains why OpenAI has been coming up w/ weird schemes for making $$$ like entering the content moderation space.

On a similar note, I wonder if this had been a key driver (behind the scenes) in the recent investment in open source AI initiatives (Haidra comes to my mind?) Perhaps some corporations who haven't got enough $$$ to fund their own dedicated research group are looking to benefit from an open source model?

you are viewing a single comment's thread
view the rest of the comments

[–] donuts@kbin.social 19 points 1 year ago (5 children)

AI as a business is already running on fumes, and it's going to become even more expensive once intellectual property law catches up to them. We can only hope that the AI bubble bursting doesn't take the entire market economy down with it...

[–] borlax@lemmy.borlax.com 11 points 1 year ago (1 children)

Or we can hope that it does take the entire market economy down with it...

[–] donuts@kbin.social 1 points 1 year ago

I mean, I get you, but personally I don't really like the idea of millions of innocent people losing their homes and most of their savings because some fucking dweebs decided to put all of our collective wealth in legally dubious automatic junk "content" generators. I've lived through enough crashes to know that it's never the big guys that get fucked when everything goes tits up, it's us, our parents, our grandparents, etc.

load more comments (3 replies)