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postflopclarity 3 hours ago

very clever! I hadn't seen anybody make this point before in any of these threads /s

obviously the nature of OpenAIs revenue is very different than selling $1 for $0.2 because their customers are buying an actual service, not anything with resale value or obviously fungible for $

runako 2 hours ago | parent [-]

FWIW the selling $1 for $0.2 is widely applied to any business that is selling goods below cost.

For example: free shipping at Amazon does not have resale value and is not obviously fungible, but everyone understands they are eating a cost that otherwise would be borne by their customers. The suggestion is that OpenAI is doing similar, though it is harder to tease out because their books are opaque.