Comment on The AI bubble is so big it's propping up the US economy (for now)
drmoose@lemmy.world 2 months agoAbsolute delusion right here
Comment on The AI bubble is so big it's propping up the US economy (for now)
drmoose@lemmy.world 2 months agoAbsolute delusion right here
EncryptKeeper@lemmy.world 2 months ago
Delusion? Ok let’s get it straight from the horse’s mouth then. I’ve asked ChatGPT if OpenAI is profitable, and to explain its financial outlook. What you see below, emphasis and emojis, are generated by ChatGPT:
OpenAI is not currently profitable. Despite its rapid growth, the company continues to operate at a substantial loss.
📊 Financial Snapshot
Annual recurring revenue (ARR) was reported at approximately $12 billion as of July 2025, implying around $1 billion per month in revenue YouTube+2Hacker News+2Ed Zitron’s Where’s Your Ed At+4Reuters+4PYMNTS.com+4.
Projected total revenue for 2025 is $12.7 billion, up from roughly $3.7 billion in 2024 Tap Twice DigitalSaaStr.
However, OpenAI’s cash burn has increased, with projected operational losses around $8 billion in 2025 alone
drmoose@lemmy.world 2 months ago
You use one company thats is spearheading the entire industry as your example that no AI company is profitable. Either you are argueing in extremely bad faith or you’re invredibly stupid I’m sorry.
EncryptKeeper@lemmy.world 2 months ago
Of course I used the company that is the market leader in AI as an example that AI companies are not profitable… that’s how that works.
They’re not the only AI company that’s not profitable, like I said none of them are. You can take your pick of you don’t like OpenAI as an example.
drmoose@lemmy.world 2 months ago
Thats like saying ride hailing and food delivery is not profitable because Uber is not profitable in the US.
I work in a profitable AI company and can list you a hundred more. I’m not sure what’s the point of this delusional lie?
No startup is profitable - thats by design because profit seeking is not what makes your company successful. No wonder average American struggles financially with this poor understanding of basic financing.