This is a most excellent place for technology news and articles.
Of course it will, all these companies are funded by tech giants and venture capitalist firms. They don't make money they cost money.
Good riddance.
Well, I was happily paying them to lewd up the chatbots, but then they emailed me telling me to stop. I guess they don't want my money.
I've heard it's not as good, but I think NovelAI works pretty well, and explicitly allows that.
That’s a lot of crypto coins to sell
If ChatGPT only costs $700k to run per day and they have a $10b war-chest, assuming there were no other overhead/development costs, OpenAI could run ChatGPT for 39 years. I'm not saying the premise of the article is flawed, but seeing as those are the only 2 relevant data points that they presented in this (honestly poorly written) article, I'm more than a little dubious.
But, as a thought experiment, let's say there's some truth to the claim that they're burning through their stack of money in just one year. If things get too dire, Microsoft will just buy 51% or more of OpenAI (they're going to be at 49% anyway after the $10b deal), take controlling interest, and figure out a way to make it profitable.
What's most likely going to happen is OpenAI is going to continue finding ways to cut costs like caching common query responses for free users (and possibly even entire conversations, assuming they get some common follow-up responses). They'll likely iterate on their infrastructure and cut costs for running new queries. Then they'll charge enough for their APIs to start making a lot of money. Needless to say, I do not see OpenAI going bankrupt next year. I think they're going to be profitable within 5-10 years. Microsoft is not dumb and they will not let OpenAI fail.
Details of the 10b aren't public, but we know it's a multi year deal, so it's possible that OpenAI doesn't actually have the full amount in cash now, and they could go bankrupt before they unlock the full amount. In the event of a bankruptcy, Microsoft could be in a position to acquire their assets for themselves on the cheap.
Good
The thing about all GPT models is that they’re based on the frequency of the word to determine its usage. Which means the only way to get good results is if it's running on cutting edge equipment designed specifically for that job, while being almost a TB in size. Meanwhile, Diffusion models are only GB and run on the GPU but still produce masterpieces because they already know what that word is associated with.
It's definitely become a part of a lot of people's workflows. I don't think OpenAI can die. But the need of the hour is to find a way to improve efficiency multifold. This will make it cheaper, more powerful and more accessible
I think they're just trying to get people hooked, and then they'll start charging for it. It even says at the bottom of the page when you're in a chat:
Free Research Preview. ChatGPT may produce inaccurate information about people, places, or facts. ChatGPT August 3 Version
At a $250mm/yr burn rate and a revenue of… a lot less than that, they can die pretty quickly
