Spotify didn’t start seeing yearly profits until 2024.
Twitter didn’t see profits in a single quarter until 12 years after they started. And only went 2 years with actual profits from inception until they were bought out.
Took YouTube 9 years before they saw any profits.
Point being. It’s very normal for big tech companies to not make money for quite some time. OpenAI isn’t alone. It’s the rule rather than the exception.
Will they go tits up? I don’t know. Time will tell. But my guess is that investors will keep pumping in money for at least another 10 years.
Spotify didn’t start seeing yearly profits until 2024.
Twitter didn’t see profits in a single quarter until 12 years after they started. And only went 2 years with actual profits from inception until they were bought out.
Took YouTube 9 years before they saw any profits.
Point being. It’s very normal for big tech companies to not make money for quite some time. OpenAI isn’t alone. It’s the rule rather than the exception.
Will they go tits up? I don’t know. Time will tell. But my guess is that investors will keep pumping in money for at least another 10 years.