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OpenAI Just Admitted Something Utterly Damning
Where’s the money, Altman?
It’s Sunday morning; the burnt orange dawn pierces through the clouds, and the smell of fresh coffee fills the air. I settle down, the coffee gently reviving me as my dog wraps himself around my feet. Pure bliss. Stupidly, I decide this would be a great time to read the news, and my mini-nirvana is crushed. Amidst the background noise of the usual devastating Trump and Musk idiocracy that would make anyone with even a shred of empathy weep, one story stood out to me as being incredulously deceptive and damaging. OpenAI’s CFO gleefully announced that the company has a chance of reaching $11 billion in revenue this year. This implies that their catastrophic $3.7 billion revenue and $5 billion loss of 2024 and subsequent $6 billion investor bail-out won’t repeat itself again this year (read more here), right? Well, no! This all but proves that OpenAI is a fundamentally broken company that is doomed to fail. Allow me to explain.
This prediction seems to be based on OpenAI’s ballooning number of users, given that they now have 400 million weekly users, up from 300 million in December 2024. However, let’s not forget that DeepSeek’s market-breaking free-to-use R1 model forced OpenAI to unleash their latest o3-mini model for free to compete. Many users have switched from their paid plans to this, and…
