OpenAI wants you to believe that by 2030, it’ll be raking in $100 billion a year just from ads alone - even though it’s currently struggling to reach just $1 billion.
For most companies, this would be a fireable offense. But that’s yesterday’s thinking.
Good. Die faster and take Oracle with you.
I want to punch both Larry Ellison and Sam Altman in the face so bad. Clearly neither of them have ever been punched in the face, and their time is due.
Oracle might go first, their credit rating was downgraded again to BBB-. So banks are even less likely to loan anything to them
They haven’t turned ads fully on yet lol. This site just want you to click and think you’re winning.
Burn baby burn!
When growing up, if people needed or wanted a new product that was offered, they would purchase it. Nowadays it is forced upon you.
Tangentially, is there a single picture of Altman that doesn’t instantly read as “insane sack of shit”?
This would get you blacklisted in any other industry
90% isn’t ‘falling short’. It’s ‘barely starting’.
It’s “get a new business model”
these AI companies are looking for the suckers and loser retailers and other industry to hold the bag.
nearing 1 of 100 is 99% short, is it not?
The 100 bn is “by 2030”. I guess their interim target for this year is much less than 100. Maybe the target is $10 billion and they achieved $1 billion.
Yeah this whole thing is missing some crucial information.
The paragraph quoted in the post makes it sound like they are near $1b in revenue but i think they’re just speaking rhetorically, “you want 100? You can’t even get 1!”
In 2026, Emarketer projects that the combination of OpenAI, Microsoft, Google, and Amazon will bring in under $1 billion in ad revenue. For context, OpenAI had projected that its AI ad revenue alone would hit $2.5 billion by the end of this year.
This makes it sound like openai is projected to make $250m this year, if they’re 90% short of revenue projections for this year. That’s a full 25% of the $1b total ad revenue that OpenAI, Microsoft, Google, and Amazon make combined. Which is reasonable, but it does make their projections seem absolutely farcical. At least to me, but i don’t know finances.
It would be good to check rhe original analysis the article cites but it’s paywalled and begins with the same misleading comparison of 2030 to now.
a ponzi scheme worst than the crypto one.
Between Altman and Bankman-Fried, these scammers are giving Sams a bad name.
Name a good Sam to balance it out
You love to see it. Bravo Scam Altman, bravo.
I read this in Ed Zitron’s voice
Damn and I was really pulling for em too. Oh well. Guess I’ll have to find another champion to root for. In the mean time y’all ought to close it down for awhile until you figure your shit out. We can wait 50 more years or so. It could save you a lot of money if you’ll just listen.
