| ▲ | 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... | ||