alt Hacker NewsThe worst are the ones who say things like “OpenAI only has 5% paying users!” As if that’s a really bad number. That is the same ratio YouTube, the world’s largest media company, has. And ChatGPT has like 800m users after only a few years of existence.
And “once they sell ads, they’ll lose all their users!” As if that happened to FB, Google, YouTube, or Instagram…
Some people are really rooting for the downfall of OpenAI that will simply not happen, and their rage makes them utterly unreasonable.
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> And “once they sell ads, they’ll lose all their users!” As if that happened to FB, Google, YouTube, or Instagram…
Enshittification only works for the middleman in a two-sided market, which is what those things are. LLMs are a commodity, so their path to monopoly profit is very different.
> And “once they sell ads, they’ll lose all their users!” As if that happened to FB, Google, YouTube, or Instagram…
Don't all those examples have network effects as a moat? As in, once the userbase is in, they lose quite a lot of value by switching to a competitor.
What value does a ChatGPT user lose by switching to a competitor?