| ▲ | yalogin 8 hours ago |
| This makes sense. OpenAI correctly realized overindexong on consumer where there isn’t money is not the right way. By not focusing on enterprise they ceded the market to Claude. Now they are rethinking and pivoting |
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| ▲ | Frieren 8 hours ago | parent | next [-] |
| > OpenAI correctly realized overindexong on consumer where there isn’t money is not the right way. It says a lot about the current economy that consumers have no money. Will companies just stop making consumer products? |
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| ▲ | yalogin 7 hours ago | parent | next [-] | | Consumers have always paid with data not money. That is just how we are groomed. In fact that is more valuable to companies as it turns out. Sora though doesn’t work that way, it costs the company a lot with no useful data for them. It was always a vehicle to raise the company’s image and nothing else. The only way it’s useful for them is to show the user count to investors in their next funding round. Served no other purpose, but the market changed around them. | | |
| ▲ | Frieren 39 minutes ago | parent | next [-] | | > is more valuable to companies as it turns out Yes. I have noticed that is close to impossible to get good deals on flights, hotels, or even good discounts on-line. Sellers have all the information from consumers that they need to maximize their profit and extract the maximum amount from consumers. Dynamic pricing is making it a personalized experience, so I personally pay the maximum I possible can. No room to get a fair price anymore. | |
| ▲ | solid_fuel 7 hours ago | parent | prev [-] | | "always" is doing a lot of work here. Just 20 years ago I think consumers largely paid with money, not personal data. | | |
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| ▲ | techgnosis 8 hours ago | parent | prev [-] | | Consumers never pay for stuff on the internet. FB, Insta, TikTok, Google products, Reddit, Snapchat. This is not a new realization that OpenAI is having. |
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| ▲ | dangus 8 hours ago | parent | prev [-] |
| Something about your phrasing is such hilarious techbrained spin. Let’s be real: OpenAI is circling the drain. The company with the fraudster serial liar CEO who said he was gonna spend a trillion dollars can’t keep a video service alive right after signing a $1 billion dollar with Disney? What kind of a joke is that? This is a company that has blown its opportunity twiddling around with zero product. They still just run a plain chatbot interface with zero moat and zero stickiness. There’s no “pivot” for a company that is in this deep. |
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| ▲ | k3k3 6 hours ago | parent [-] | | Why was Sam brought back? Swear it's all gone downhill for them since that debacle re. firing him. | | |
| ▲ | pjc50 25 minutes ago | parent | next [-] | | Because he's a charismatic liar. Extremely effective and useful for a company that is burning money to secure more investments. | |
| ▲ | carefree-bob 6 hours ago | parent | prev [-] | | Sam was brought back because there was no one to replace him. The non-profit types on the board were living in a consensus bubble that didn't extend far beyond a small inner circle, and they discovered that they didn't have sufficient support from the engineers who had lots of other employment options and threatened to quit if Altman wasn't reinstated. Altman himself had no problem finding a replacement job in a matter of hours, and the board was looking at a business drained of talent in a cut-throat tech race. I'm no fan of Altman or OpenAI, it's a pretty shady company and I am suspicious of their books, but this was a great demonstration of the uselessness of boards and how out of touch they are with the business they are supposed to be supervising. It's really rare to find an effective board, primarily they sit like a House of Lords enjoying ceremonial perks and a stipend in exchange for holding a few meetings a year. |
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