That’s ominous.
Comment on OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round
Blue_Morpho@lemmy.world 4 weeks agoIPO after becoming a monopoly has been a thing for a while. Amazon ran negative revenue for an extremely long time to run all competition out of business.
sentient_loom@sh.itjust.works 4 weeks ago
JustTesting@lemmy.hogru.ch 4 weeks ago
But in this case they don’t really have a moat, any invention is copied or surpassed by the competition within weeks/a few months, and there’s no monopoly in sight. And they’re all running negative revenue following the same scheme, high chance that if some start failing, it will scare investors, which in turn makes the negative revenue thing harder to do for the ones still in business
Blue_Morpho@lemmy.world 4 weeks ago
You don’t necessarily need tech to monopolize an industry. Amazon is warehouses with delivery service.