Is $879 for an extra 20 horsepower even worth it?

I’m amazed that these lawyers are using things like ChatGPT, when better solutions exist for the legal industry. The big legal databases (like LexisNexis) have their own AI tools that will give you actual useful results, since they’re trained on caselaw from the database rather than just using a generic model, and link to the relevant cases so you can verify them yourself.

This doesn’t sound any easier than using Ctrl+X to cut files and Ctrl+V to paste them wherever you want to?

A lot of apps still use legacy Windows APIs that don’t understand very long paths. Those APIs have been deprecated for maybe 15 years or more, but developers are lazy. Microsoft can’t add support for long paths to the old APIs because they use a fixed buffer size (which means that only a certain amount of memory space is available for the path, and increasing it would break the apps that rely on that). They can’t totally remove the old APIs because every app that uses them would break.

What is a spring-loaded folder?

Especially younger people. They’re used to files just… being there on their phone. Photo albums? Nah, just scroll though every photo you’ve ever taken to find the right one.

That, and having powerful search functionality + tagging has made perfect folder structures less of a requirement. I’ve never had trouble finding documents in paperless-ngx just by searching, for example.

Revenue is increasing, but according to their own estimates, it has to increase 10x in order for them to become profitable.

In the end, it still means their losses are greater than their profits.

They’ve still got taxes they need to pay, too - things like payroll taxes, real estate taxes, etc.

Thanks! This makes sense, however OpenAI are not yet profitable. It’s definitely possible that they’re losing less money with the new models, though.

OpenAI are not profitable today, and don’t estimate they’ll be profitable until 2029, so it’s almost guaranteed that they’re selling their services at a loss. Of course, that’s impossible to verify - since they’re a private company, they don’t have to release financial statements.

that make it sound bad and unprofitable

It is unprofitable, though.

OpenAI recently hit $10 billion in ARR and are likely to hit $12.7b by the end of the year, but they’re still losing a lot of money. They don’t think they’ll make a profit until 2029, and only if they hit their target of $125 billion revenue. That’s a huge amount of growth - 10x in 4 years - so I’m interested as to if they’ll actually hit it.

Their point is that those API prices might not match reality, and the prices may be artificially low to build hype and undercut competitors. We don’t know how much it costs OpenAI, however we do know that they’re not making a profit.

How does OpenAI getting less money (with a cheaper model) mean more profit? Am I missing something?