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“I personally chose the price”
Is that how well-run companies operate? The CEO unilaterally decides the price rather than delegating that out to the numbers people they employ?
Should have asked chatgpt to play the role of a CEO.
This answer would be much funnier if that wasn’t his fucking plan.
jesus fuck how did i never see this before
I think I remember Jeff Bezos in “The Everything Store” book seeing a price they charged for AWS and went even lower for growth. So there could be some rationale for that? However, I think switching AI providers is easier than Cloud Providers? Not sure though.
I can imagine the highest users of this being scam artists and stuff though.
I want this AI hype train to die.
far, far, far, far, far, far, far fewer business people than you’d expect/guess are data-driven decision makers
and then there’s the whole bayfucker ceo dynamic which adds a whole bunch of extra dumb shit
it’d be funnier if it weren’t for the tunguska-like effect it’s having on human society both at present and in the coming decades to follow :|
A real ceo does everything. Delegation is for losers who can’t cope. Can’t move fast enough and break enough things if you’re constantly waiting for your lackeys to catch up.
If those numbers people were cleverer than the ceo, they’d be the ones in charge, and they aren’t. Checkmate. Do you even read Ayn Rand, bro?
Is that what Ayn Rand is about? All I really remember is that having a name you chose yourself is self-fulfilling.
Much like uber and netflix, all of these ai chatbots that are available for free right now will become expensive, slow, and dumb once the investor money runs out and these companies have to figure out a business model. We’re in the golden age of LLMs right now, all we can do is enjoy the free service while it lasts and try not to make it too much a part of our workflow, because inevitably it will be cut off. Unless you’re one of those people with a self-hosted LLM I guess.
Hmm, we should get together some funds to buy a single unlimited subscription, and then let it continuously generate as large and complex prompts as the rate limitting allows.
Buy two. Ask the other to generate expensive prompts.
On one hand, heck yes. On the other, part of the reason its so expensive is because of the energy and water usage, so sticking it to the man in this way also is harmful to the environment :(
Why is same personally picking subscription prices anyway? Should there be some accountant doing that math? Wtf
Why is AI not making enough money? I specifically requested it.
Their accountant is probably three GPTs in a trench coat that’s being fed prompts by an unpaid intern or some poor dude in India.
The plagiarism power virus is too expensive to operate? I’m shocked I tell you
Now imagine if they actually paid for the training data as well.
CEO personally chose a price too low for company to be profitable.
What a clown.
well, yes. But also this is an extremely difficult to price product. 200$/m is already insane, but now you’re suggesting they should’ve gone even more aggressive. It could turn out almost nobody would use it. An optimal price here is a tricky guess.
Although they probably should’ve sold a “limited subscription”. That does give you max break-even amount of queries per month, or 2x of that, but not 100x, or unlimited. Otherwise exactly what happened can happen.
The real problem is believing that you can run a profitable LLM company.
“Our product that costs metric kilotons of money to produce but provides little-to-no value is extremely difficult to price” oh no, damn, ye, that’s a tricky one
They’re still in the first stage of enshittification: gaining market share. In fact, this is probably all just a marketing scheme. “Hi! I’m Crazy Sam Altman and my prices are SO LOW that I’m LOSING MONEY!! Tell your friends and subscribe now!”
sam altman proving once again that he is not only a tech genius but also a business genius. make sure to let him scan your eyeballs before it’s too late.
losing money because people are using it more than expected
“I personally chose the price and thought we would make some money.”
Big MoviePass energy
$200 a month for a user is losing money? There’s no way he’s just including model queries. An entire a6000 server is around $800 / month and you can fit a hell of lot more than 4 peoples worth of queries. He has to include training and or R&D.
you don’t understand how technology companies work. they’re not always making money
yeah but there is a difference between losing some money on R&D and simply having an unviable business model.
