c/fuck_ai · by technocrit@lemmy.dbzer0.com · 44d

OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances

https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances

150 points · 20 comments · view on lemmy.world

20 Comments

Tartufo@lemmy.world · 57 pts · 44d (2 replies)

Please let it bankrupt. And all the other genAI companies, too. The sooner the better.

JiveTurkey@lemmy.world · 28 pts · 44d (1 reply)

I think that's actually the plan and part of the cycle. Going bankrupt won't stop them, the infrastructure will just be sold, the American people will absorb the losses and the reckless shit heads who made this all possible will have unimaginable wealth and zero consequences.

NaibofTabr@infosec.pub · 1 pts · 41d

Too big to fail!

panda_abyss@lemmy.ca · 29 pts · 44d (3 replies)

I honestly think they deserve to go bankrupt after reserving 40% of all memory wafers and not having a plan for it.

Probably deserves jail time for fraud and anti competitive behaviour.

But I doubt they’ll go bankrupt.

kahjtheundedicated@lemmy.world · 21 pts · 44d (2 replies)

If the orange man is still in office I expect massive bailouts for AI companies. Because remember, government handouts are only for billionaires, otherwise it’s socialism

panda_abyss@lemmy.ca · 7 pts · 44d (1 reply)

Absolutely.

They let the military use their AI to kill brown people. No way they can fail.

ServantOfRa@lemmy.blahaj.zone · 2 pts · 44d

"National security"

thesdev@feddit.org · 14 pts · 44d

The article is from January by the way.

JeeBaiChow@lemmy.world · 9 pts · 44d

Just two more generations... trust us!

cyclonedusk@lemmy.blahaj.zone · 8 pts · 44d

Have a little more faith in them!

I for one believe that they will manage to run out of money even sooner. -_-

nadram@lemmy.world · 8 pts · 44d (1 reply)

Would it accelerate the process if i start frantically using chatgpt non-stop?

thesdev@feddit.org · 0 pts · 44d

That line of reasoning reminds me of this excerpt from 1984:

‘You are prepared to cheat, to forge, to blackmail, to corrupt the minds of children, to distribute habit-forming drugs, to encourage prostitution, to disseminate venereal diseases—to do anything which is likely to cause demoralization and weaken the power of the Party? If, for example, it would somehow serve our interests to throw sulphuric acid in a child’s face—are you prepared to do that?’

FoxAlive@lemmy.zip · 7 pts · 44d

Good

crusa187@lemmy.ml · 6 pts · 44d

Not if Trump leverages the US Treasury to buy a significant stake in the company. Hormuz is just a warmup act for torpedoing the petro dollar. Hold onto your butts, this guy can and will bankrupt anything.

thesdev@feddit.org · 4 pts · 44d (1 reply)

I don't believe so. That's when it's supposed to IPO, which tends to raise a lot of money.

lemmyman@lemmy.world · 2 pts · 44d

Right. OpenAI is (still) a (big) startup, and 1.5 years of runway (at the time of this article in January) isn't bad.

That said, fuck OpenAI

tanisnikana@lemmy.world · 4 pts · 44d

*popcorn munching*

honesthenery@thelemmy.club · 2 pts · 44d

These fucking whores are gonna be begging for a bail out. Planes get us places... AI is a stale fart

01189998819991197253@infosec.pub · 1 pts · 38d

I'm going to suggest something, and I want you to just hear me out... everyone should token max. Get that mid-2027 down to next month!

AllNewTypeFace@leminal.space · 0 pts · 44d

lol