Your local grocery store is more profitable than OpenAI. In fact you are more profitable than OpenAI.

OpenAI owes hundreds of billions of dollars, with a revenue a fraction of that. They will never become profitable.

So you’re saying we should be pumping all our savings and pension money in WinRar?

I was finally starting to save up money in a 401k for retirement. Then I got fired. Now the AI bubble is going to burst and nuke what little money is in my 401k. FML.

Tech companies are expected to be run at a loss for quite some time before they start being profitable.

They were founded in 2015 and “officially” launched GPT in 2022 to the public. If they make profits by 2032, that would be in line with how other tech companies established themselves.

For example, Spotify wasn’t profitable until 2024. They launched in 2008.

So, I don’t know why them not being profitable is what everyone is talking about. They’re not expected to be profitable until 2030 at the earliest. And every serious investor know this.

Yes I’m very fun at parties. But it seems that a lot of people just do not understand the expected timelines of tech companies.

I’m one of the seeming few who paid to register it back in the Win9x days. Turned out that the key also works for the non-free Linux version (think I only ever bothered to set that up once). These days gzipped tarballs or squashfs with zstd are my go-tos. The former for speed with source trees or such, and the latter for filesystem backups or larger directories, because loop mounting it is so fast and convenient.