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ChatGPT In Trouble: OpenAI may go bankrupt by 2024, AI bot costs company $700,000 every day
(www.firstpost.com)
ChatGPT development, I feel it is completely possible
this post was submitted on 13 Aug 2023
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Technology
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The development of ChatGPT makes it even more comfortable for users. From there, more and more free chatgpt are born for new users to experience
LLM's are pricey to train and evaluate, much more so than compositional models.
But no, OpenAI aren't going bust due to this. Given that they have the most successful LLM on the market, it's safe to say that they probably know how much they cost, and can calculate roughly how much their yearly spend will be.
You make a good point.
But maybe they asked their AI model and it misplaced a decimal. /s
Not while Microsoft keeps pumping them with money.
They're gonna be in even bigger trouble when it's determined that AI training, especially for content generation, is not fair use and they have to pay each and every person whose data they've used.
And payment sharing will most likely be a percentage of revenue and right now their biggest hurdle is just scaling, and it's incredibly rare that a startup with huge demand completely fails because of scaling challenges. Once they scale their profit margin will be huge, they'd be able to do payouts and still profit. But don't get excited about payouts, it'll probably amount to pennies like it does on Spotify.
Ignoring the fact that training an AI is insanely transformative and definitely fair use, people would not get any kind of pay. The data is owned by websites and corporations.
If AI training was to be highly restricted, Microsoft and google would just pay each other for the data and pay the few websites they don't own (stack, GitHub, Reddit, Shutterstock, etc), a bit of money would go to publishing houses and record companies, not enough for the actual artist to get anything over a few dollars.
And they would happily do it, since they would be the only players in the game and could easily overcharge for a product that is eventually going to replace 30% of our workforce.
Your emotional short sighted response kills all open source and literally gives our economy to Google and Microsoft. They become the sole owners of AI tech. Don't be stupid, please. They want you to be mad, it literally only helps them.
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Good.