What a silly article. 700,000 per day is ~256 million a year. Thats peanuts compared to the 10 billion they got from MS. With no new funding they could run for about a decade & this is one of the most promising new technologies in years. MS would never let the company fail due to lack of funding, its basically MS’s LLM play at this point.
When you get articles like this, the first thing you should ask is “Who the fuck is Firstpost?”
Yeah where the hell do these posters find these articles anyway? It’s always from blogs that repost stuff from somewhere else
The difference is in who gets the ad money.
Openai biggest spending is infrastructure, Whis is rented from… Microsoft. Even if the company fold, they will have given back to Microsoft most of the money invested
MS is basically getting a ton of equity in exchange for cloud credits. That’s a ridiculously good deal for MS.
While title is click bite, they do say right at the beginning:
*Right now, it is pulling through only because of Microsoft’s $10 billion funding *
Pretty hard to miss, and than they go to explain their point, which might be wrong, but still stands. 700k i only one model, there are others and making new ones and running the company. It is easy over 1B a year without making profit. Still not significant since people will pour money into it even after those 10B.
Almost every company uses either Google or Microsoft Office products and we already know that they’re working on an AI offering/solution for O365 integration, they can see the writing on the wall here and are going to profit massively as they include it in their E5 license structure or invent a new one that includes AI. Then they’ll recoup that investment in months.
I mean apart from the fact it’s not sourced or whatever, it’s standard practice for these tech companies to run a massive loss for years while basically giving their product away for free (which is why you can use openAI with minimal if any costs, even at scale).
Once everyone’s using your product over competitors who couldn’t afford to outlast your own venture capitalists, you can turn the price up and rake in cash since you’re the biggest player in the market.
It’s just Uber’s business model.
Speaking of Uber, I believe it turned a profit the first time this year. That is, it never made any profit since its creation in whenever it was created.
All it’s every done is rob from it’s employees so it can give money to stockholders. Just like every corporation.
The difference is that the VC bubble has mostly ended. There isn’t “free money” to keep throwing at a problem post-pan. That’s why there’s an increased focus on Uber (and others) making a profit.
If AI was so great, it would find a solution to operate at fraction of the cost it does now
Wait, has anybody bothered to ask AI how to fix itself? How much Avocado testing does it do? Can AI pull itself up by its own boot partition, or does it expect the administrator to just give it everything?
Really says something that none of your responses yet seem to have caught that this was a joke.
The upvotes vs comments shows the vocal minority is just doing vocal minority things.
I asked Bard how ChatGPT can fix itself, here’s what it said:
ChatGPT can fix itself in a number of ways, including:
Retraining on a larger dataset. ChatGPT is trained on a massive dataset of text and code, but it can always be retrained on a larger dataset. This would help ChatGPT to learn new things and improve its performance.
Using a different algorithm. ChatGPT is currently trained using the GPT-3 algorithm, but there are other algorithms that could be used. For example, ChatGPT could be trained using the Megatron-Turing NLG algorithm, which is one of the most powerful language models in the world.
Using a combination of algorithms. ChatGPT could also be trained using a combination of algorithms. This would allow ChatGPT to benefit from the strengths of different algorithms.
Using a feedback loop. ChatGPT could be used to generate text, and then this text could be used to train ChatGPT. This would allow ChatGPT to learn from its own mistakes and improve its performance over time.
Using human feedback. ChatGPT could also be used to generate text, and then this text could be reviewed by humans. The human feedback could then be used to improve ChatGPT’s performance.
“Using a feedback loop. ChatGPT could be used to generate text, and then this text could be used to train ChatGPT. This would allow ChatGPT to learn from its own mistakes and improve its performance over time.”
So basically create its own Fox News and see how that goes.
this is widely known to very quickly destroy your model
The feedback loop is already happening, and is called model collapse.
It’s not a good thing.
It’s working on it. It’s just a pretty difficult task to be better than 50 years of optimization by human computer scientists https://www.nature.com/articles/d41586-023-01883-4
It doesn’t “know” anything. It can’t solve that problem. It’s trained on humans so it’s limited to what we have written down.
I love ChatGPT but if it’s creative it’s because you asked it the right questions and found an oblique answer yourself.
Deepmind is actually working on an AI that improve performances of low level programs. It started with improving sorting algorithm.
It’s an RL algorithm.
Main issue is that everything takes time, and expectations on current AI are artificially inflated.
It will reach the point most are discussing now, it’ll simply take a bit longer than people expect
Indian newpapers publish anything without any sort of verification. From reddit videos to whatsapp forwards. More than news, they are like an old chinese whispers game which is run infinitely. So take this with a huge grain of salt.
huh, so with the 10bn from Microsoft they should be good for… just over 30 years!
ChatGPT has the potential to make Bing relevant and unseat Google. No way Microsoft pulls funding. Sure, they might screw it up, but they’ll absolutely keep throwing cash at it.
They seems to be killing Cortana… So I expect a new assistant at least based partially on this tbh.
Clickbait crap.
It’s Firstpost, their Kremlin-bootlicking YouTube videos are even worse. Just below Forbes Breaking News trash.
Glad I’m not there only one to think that
Yup. Uber was burning 10x of it
This article has been flagged on HN for being clickbait garbage.
It is clearly no sense. But it satisfies the irrational needs of the masses to hate on AI.
Tbf I have no idea why. Why do people hate a extremely clever family of mathematical methods, which highlights the brilliance of human minds. But here we are. Casually shitting on one of the highest peak humanity has ever reached
Because it’s just the same as autocomplete on your phone lol so whatevs.
/s
I probably sound like I hate it, but I’m just giving my annual “this new tech isn’t the miracle it’s being sold as” warning, before I go back to charging folks good money to clean up the mess they made going “all in” on the last one.
People are scared because it will make consolidation of power much easier, and make many of the comfyer jobs irrelevant. You can’t strike for better wages when your employer is already trying to get rid of you.
The idealist solution is UBI but that will never work in a country where corporations have a stranglehold on the means of production.
Hunger shouldn’t be a problem in a world where we produce more food with less labor than anytime in history, but it still is, because everything must have a monetary value, and not everyone can pay enough to be worth feeding.
I agree with this. People should fight to democratize AI, public model, public data, public fair research. And should fight misuse of it from business schools’ type of guys.
Flagged where?
Hacker News
I was also curious about that, chatgpt says hacker news and that makes sense to me.
deleted by creator
Company go bankrupt, biggest investors take assets and IP at discount. Win.
A couple of my coworkers will have to write their own code again and start reading documentation
75% of that code must not work lol
It works if you ask it for small specific components, the bigger the scope of the request, the less likely it will give you anything worthwhile.
So basically you still need to know what you’re doing and how to design a script/program anyway, and you’re just using chatgpt to figure out the syntax.
It’s a bit of time-saver at times but it’s not replacing anyone in the immediate future.
I’ve tried using it myself and the responses I get, no matter how I phrase them, are too vague in most places to be useful. I have yet to get anything better than what I’ve found in documentation.
My experience is different, the response I get is not perfect but it’s good enough to be a start for any decent dev to refactor and build upon with lesser effort than from scratch. Maybe it depends on what language or framework you’re asking for.
Does it feel like these “game changing” techs have lives that are accelerating? Like there’s the dot com bubble of a decade or so, the NFT craze that lasted a few years, and now AI that’s not been a year.
The Internet is concentrating and getting worse because of it, inundated with ads and bots and bots who make ads and ads for bots, and being existentially threatened by Google’s DRM scheme. NFTs have become a joke, and the vast majority of crypto is not far behind. How long can we play with this new toy? Its lead paint is already peeling.
And don’t forget the metaverse!
I read an article about the bot collapse. Basically companies use bot to buy add space on websties. Google uses a bot to match adds to websites. Now we have a massive influx of AI made pages. Literally pages of bs just to make more add space that a bot will sell to another not. It is bots all the way down.
I wouldn’t put nfts in the same boat as the dotcom bust. The dotcom thing was way bigger. Most people didn’t do anything with nfts. Crypto seems in between. The AI thing seems similar though.
This article is dumb as shit
No sources and even given their numbers they could continue running chatgpt for another 30 years. I doubt they’re anywhere near a net profit but they’re far from bankruptcy.
Right!? I believe it has the hallmark repetitive blandness indicating AI wrote it (because oroboros)
The flow of the writing style felt kinda off, like someone was speaking really fast spewing random trivia and leaving
A company that just raised $10b from Microsoft is struggling with $260m a year? That’s almost 40 years of runway.
Of course it will, all these companies are funded by tech giants and venture capitalist firms. They don’t make money they cost money.
They are choosing to spend that much. That doesn’t suggest that they expect financial problems.
True. They could close it off to the public at any time and only offer a subscription service.
However, they are probably afraid to do that for fear that they will lose out to competitors. Offering the service for free was the key to their popularity and bringing AI technology into the hands the average users. If they cut that off, someone else will quickly take their place.
I’d guess it’s one of those “make people dependent on our free/cheap product then increase the price later” kind of deal
Good riddance.
