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[quote=Anonymous][quote=Anonymous]If (gen) AI was this all conquering, all disruptive, workforce reducing thing, [b]why aren't the big players able to monetize?[/b]  Why are all these companies in the red?  Why do all of them obfuscate the usage/revenue metrics?  How much longer can companies like OpenAI/Anthropic continue to burn billions of investors money before being asked to actually make money, somehow?  Is it going to represent value to companies to reduce junior coders and replace them with 'virtual coders' that burn through many thousands of expensive api calls, once those calls are priced fairly?

These models/agents are not intelligent at all and there is no hint of such a breakthrough happening anytime soon.[/quote]

Monetize is different from profitability.  Open AI generated $3.7BN of revenue last year.

Look, this is no different than what happened in the dotcom era.  Facebook blew through billions until it was the dominant social network and now mints tons of profit.

Eventually, a couple will win and mint enormous profit, and the rest will hope to sell to a winner...and many will go bankrupt...but that's VC investment.[/quote]

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