YEPPP... and I'm kind of shocked at how many people can't do simple math.
Let's put it context. Google's annual revenue seems to be north of $400B. So if OpenAI suddenly had Google's revenue, it would still be insufficient to recover their investment.
and it's a ticking time bomb because $1T in servers, CPUs, GPUs and memory is going to be worth $200B in 5 years. You can say they can keep using what they've got. Sure. But they're also not going to stop spending on new hardware. And the competitor that comes along in 5 years and spends $1T doing the exact same thing is going to have a huge advantage.
OpenAI at this point reminds me very much of the Russ Henneman pre-money hype cycle.
Let's put it context. Google's annual revenue seems to be north of $400B. So if OpenAI suddenly had Google's revenue, it would still be insufficient to recover their investment.
and it's a ticking time bomb because $1T in servers, CPUs, GPUs and memory is going to be worth $200B in 5 years. You can say they can keep using what they've got. Sure. But they're also not going to stop spending on new hardware. And the competitor that comes along in 5 years and spends $1T doing the exact same thing is going to have a huge advantage.
OpenAI at this point reminds me very much of the Russ Henneman pre-money hype cycle.