Lobsters went down a VC financing rabbit hole the other day (thanks to me and @dgerard) and a user horked up this absolutely bonkers defense of OpenAI losing a galactic sum of money:
https://lobste.rs/s/wjb9ox/minio_removes_web_ui_features_from#c_rgatzz
(reproduced below in case it is removed in shame)
OpenAI is very different. They mainly lose money on ChatGPT, but it’s not really lost money, because they in turn accumulate fresh daha to further train their models. Data that none of their competitors have access to.
OpenAI is also different because AI is a major geopolitical factor at the moment and unless you’ve been living in a cave lately, you must have noticed that geopolitics is much more important than money these days. ChatGPT is an incredible intelligence gathering channel and cutting access to AI APIs would make US sanctions hurt that much more. The only other country that can compete with US companies when it comes to bulk training data access is China, via their social media alternatives like TikTok and RedNote. You can imagine the geopolitical implications of that too.