alt Hacker News>Revenue... yes. Profit is still an open question.
could have said the same thing about most FAANG companies at one point or another.
Replies
jcranmer • yesterday at 4:43 AM
If I have the numbers right, OpenAI will burn more money this year alone than all of those prior companies did in their entire profitless phase of existence.
The problem for OpenAI and the difference with other FAANGs is that they don’t own the internet. Other companies are able to replicate their product, which prevents them from fully realizing profits.
Google doesn’t have this problem. They only run Google ads in their search results. Same thing for Facebook.