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ChatGPT's Financial Crisis | Logically Answered


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ChatGPT's Financial Crisis

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Over the past several months, ChatGPT has taken the world by storm growing to a hundred million users within a matter of weeks, and considering the implications, it’s no wonder why. ChatGPT essentially puts the power of generative AI in the hands of everyday people for free. But, while ChatGPT is no doubt a revolutionary invention, its finances are a lot more questionable. The bottom line is that creating, running, and scaling AI is just extremely expensive. We’ve become accustomed to startups needing hundreds of millions or even billions to get going but OpenAI will need much more like hundreds of billions. The reasoning is not rocket science. AI engineers often cost over a million dollars each not to mention all of the supercomputers and infrastructure needed to run an operation like ChatGPT. Now of course, if OpenAI is able to make it through the funding crunch and make it to the other side, they could make trillions but the path there is by no means easy. This video explains the complicated financial situation of OpenAI and explores if ChatGPT can actually afford to survive.

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Timestamps:

0:00The Cost Of ChatGPT
2:27Theoretical Revenue
5:19Very Real Costs
8:27Absolutely Unviable

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Seongjoon ChoBloomberg
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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.

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