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swiftcoder 3 hours ago

Amazon was pretty famous for never actually posting a profit for their first ~10 years of operation

lelanthran an hour ago | parent | next [-]

> Amazon was pretty famous for never actually posting a profit for their first ~10 years of operation

They were spending the profit from each user, not making a loss on each user.

It's a big difference.

To turn a profit all AMZN had to do was stop spending (and the consumers would not have been affected by the halting of spending).

For the AI providers, to turn a profit they have to raise the price.

xboxnolifes 2 hours ago | parent | prev [-]

Because they were constantly reinvesting profits...