OpenAI Could Run Out Of Cash By 2027, Did The AI Bubble Just Get An Expiry Date?
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Anyone who says they can tell the future is a liar.
It’s arguable that we’ve been comparing the things. When we say bubble it might conjure thoughts of the dot-com boom or tulip mania, but those are two very different scenarios. Tulips were not the technological future of humanity, the internet was. There were significant winners to the dot com bubble, Google, Facebook, etc. and they are still with us to this day.
So when we say AI bubble, we might think it’s going to be like the tulips and it’s all going to pop and everyone will be pulled under, but what if it’s more like the dot com? What if AI is absolutely here to stay and although a pop is likely, it will leave in its wake a few winners who will dominate the AI-fuelled future.
Currently, it seems the fight is to be one of those last survivors, global infrastructure be damned. Right now it’s a sprint, not a marathon and so long as these companies put enough money into the problem, so long as they can just outlast everyone else, then they’ll be the ones left standing following the AI-economic-apocalypse that’s coming.
The question is, who has enough cash to survive this sprint? Well, because currently no one’s really making any money off AI, it looks like the only people able to fund this arms race are the mega-corps with more disposable cash from other revenue streams.
OpenAI on the other hand is pure AI and although it might be the industry leader, it’s still not found a way to make ChatGPT profitable.
In the AI-sprint it looks like being first off the starting block is actually a disadvantage.
So is OpenAI running off fumes? Well, it’s still raking in billions of dollars in investments, and yeah this one NVT opinion columnist says it’s going to run out of cash in 18 months, but as far as I can tell, that’s pure speculation.
The only mention of this headline-grabbing detail is: “My bet is that over the next 18 months, OpenAI runs out of money.” …you wanna back that up or…?
So who’s to know. Maybe, once the dust has settled, OpenAI will in fact emerge as the Google of the dotcom boom or maybe it’ll fold before its tulips have even started to bloom.
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