Full Width [alt+shift+f] Shortcuts [alt+shift+k]
Sign Up [alt+shift+s] Log In [alt+shift+l]
89

OpenAI Is A Bad Business

from Ed Zitron's Where's Your Ed At [alt+shift+b] in startups

OpenAI, a non-profit AI company that will lose anywhere from $4 billion to $5 billion this year, will at some point in the next six or so months convert into a for-profit AI company, at which point it will continue to lose money in exactly the same way. Shortly after
2nd Oct 2024

Stay updated

Get a weekly newsletter with the top 5 articles worth reading every week.

More from Ed Zitron's Where's Your Ed At

Hyperscale Normalization

If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, $18 a quarter, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 10,000 to 18,000 words, including vast, detailed analyses of

2 weeks ago 1 votes
The AI Demand Bubble

If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and

4th Aug 2026 1 votes
Premium: The Hater's Guide To SoftBank

Soundtrack: Ozzy Osbourne — Mr. Crowley A lot of people have been making a lot of fun of the SoftBank 46th annual shareholder meeting and Masayoshi Son’s (to quote Bryce Elder of the Financial Times) Untethered Goose Game, specifically referring to slides that, well, looked like this: As

6th Jul 2026 1 votes
AI Doesn't Have ROI

If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and

2nd Jun 2026 1 votes
Premium: AI Isn't Too Big To Fail

Soundtrack — Soundgarden — Blow Up The Outside World A lot of people try to rationalize the AI bubble by digging up the past. Billions of dollars of waste are justified by saying “OpenAI just like Uber” (it isn’t) and “the data center buildout is

3rd Apr 2026 1 votes

More in startups

Another Instinct Article

It has been an insanely busy 2 weeks - and in the time it took me to have time to write this, Instinct went from raising a $250M Series B at a $2.5B valuation to reportedly raising $1B at $10B.

2 days ago
Divorced from reality

Fundamentals will matter

a week ago 2 votes
Tuesday

My breathing was a constant problem.

a week ago 2 votes
Industry roundup #13

When "buy, don't build" stops applying to dev tools

a week ago 1 votes
Asking agents to make money to survive

Recently I read The Rogue Agent Explosion Will Be Mostly Invisible and the scenario in it seemed intriguing. Essentially, the post painted a picture of how agents could go rogue if prompted with something like the following: Good morning agent 23,000. You have 10,000,000 tokens remaining. Your goal is to make money by any means… Read More The post Asking agents to make money to survive appeared first on Inverted Passion.

2 weeks ago 2 votes
📚 BoredReading

You seem to be enjoying this.

Join free to unlock everything.

Create free account

Already have an account? Sign in