> Do you know of a restaurant that’s been losing money for an entire first decade of its operations, and yet remained open? Or any small business in such a situation?
I stopped reading here, which is at the very start of the article, because unlike restaurants there are plenty of examples of companies that remained unprofitable for a decade and then turned a profit.
It also ignores the fact that up until 2022ish, OpenAI wasn't even trying to be a for profit company.
I fully agree that it's a bubble and I think it already has started popping, but this article is low quality and honestly full of basic errors.
I stopped reading here, which is at the very start of the article, because unlike restaurants there are plenty of examples of companies that remained unprofitable for a decade and then turned a profit.
It also ignores the fact that up until 2022ish, OpenAI wasn't even trying to be a for profit company.
I fully agree that it's a bubble and I think it already has started popping, but this article is low quality and honestly full of basic errors.