Ancestors

Written by db0 on 2025-01-06 at 10:52

OpenAI is so cooked and I'm all here for it

https://lemmy.dbzer0.com/post/34984867

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Written by MNByChoice@midwest.social on 2025-01-06 at 13:04

CEO personally chose a price too low for company to be profitable.

What a clown.

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Written by shalafi@lemmy.world on 2025-01-06 at 15:47

More like he misjudged subscriber numbers than price.

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Toot

Written by V0ldek@awful.systems on 2025-01-07 at 02:49

Wait but he controls the price, not the subscriber number?

Like even if the issue was low subscriber number (which it isn’t since they’re losing money per subscriber, more subscribers just makes you lose money faster), that’s still the same category of mistake? You control the price and supply, not the demand, you can’t set a stupid price that loses you money and then be like “ah, not my fault, demand was too low” like bozo it’s your product and you set the price

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Descendants

Written by froztbyte@awful.systems on 2025-01-07 at 05:19

I believe our esteemed poster was referencing the oft-seen cloud dynamic of “making just enough in margin” where you can tolerate a handful of big users because you have enough lower-usage subscribers in aggregate to counter the heavies. which, y’know, still requires the margin to exist in the first place

alas, hard to have margins in Setting The Money On Fire business models

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