this post was submitted on 06 Jan 2025
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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[–] ramble81@lemm.ee 27 points 3 days ago

Never offer unlimited on a utility model without guardrails. That’s just business 101.

[–] Commiunism@beehaw.org 16 points 3 days ago (3 children)

Wonder what their financials are actually, usually with cloud capital ventures like these they usually still magically keep raking it in even though they're "losing money".

For instance, Amazon during the pandemic paid zero corporate tax even though they had record sales because they "didn't make any profit", Tesla too who didn't make profit during 2020 yet their share price went 10x and they had plenty of shares to sell if they wanted.

[–] Soyweiser@awful.systems 4 points 2 days ago

Wonder what their financials are actually

If they have a publicly traded part (iirc openai ownership was weird, but dont think they have a publicly traded part (yet)) they should do financial statements, before that doubt anybody can really tell.

Not that those statements are easy to read.

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