Everyone is actually underestimating stickiness. The near billion users OpenAI has is actually a real moat and might translate into decent chunk of revenue.
My wife, for example, uses ChatGPT on a daily basis, but has found no reason to try anything else. There are no network effects for sure, but people have hundreds and thousands on conversation on these apps that can't be easily moved elsewhere. Understandable that it would be hard to get majority of these free users to pay for anything, and hence, advertising seems a good bet. You couldn't have thought of a more contextual way of plugging in a paid product.
I think OpenAI has better chance to winning on the consumer side than everyone else. Of course, would that much up against hundreds of billions of dollars in capex remains to be seen.
My wife, for example, uses ChatGPT on a daily basis, but has found no reason to try anything else. There are no network effects for sure, but people have hundreds and thousands on conversation on these apps that can't be easily moved elsewhere. Understandable that it would be hard to get majority of these free users to pay for anything, and hence, advertising seems a good bet. You couldn't have thought of a more contextual way of plugging in a paid product.
I think OpenAI has better chance to winning on the consumer side than everyone else. Of course, would that much up against hundreds of billions of dollars in capex remains to be seen.