I'm a little confused here. Cost of revenue is lower than revenue. That's good. R&D is the main contributor to losses here and this seems normal in an industry like this. For OpenAI specifically, I think this is problematic. They were the first movers but despite the large R&D they've lost so much ground to Anthropic despite Anthropic seemingly gifting them with weird PR self owns. But if we were to extrapolate this to the industry as a whole, this seems more positive than negative. Am I reading this incorrectly? Unless there's an assumption that R&D costs have to forever go up in order to increase revenue, I feel like this shows that the AI industry is actually on a path to profitability in the long term.
Whether it can physically be as all encompassing as it makes itself out to be or whether it will just be healthily profitable remains to be seen. Kind of like how Uber went from "We'll autonomously drive the world" to "Look, we deliver food, goods, and people to locations and we figured out how to do that in a way that makes profits. Also, ads".
Whether it can physically be as all encompassing as it makes itself out to be or whether it will just be healthily profitable remains to be seen. Kind of like how Uber went from "We'll autonomously drive the world" to "Look, we deliver food, goods, and people to locations and we figured out how to do that in a way that makes profits. Also, ads".