• ℍ𝕂-𝟞𝟝@sopuli.xyz
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    3 days ago

    Okay but the world had enough money to bankroll Spotify for 20 years. It doesn’t have the kind of money OpenAI needs.

    • Kairos@lemmy.today
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      3 days ago

      And Spotify was barely making a loss AND had a lot of revenue. They were just putting more capital into infrastructure, etc. instead of profits.

      • Atomic@sh.itjust.works
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        2 days ago

        Excuse me? From 2017 to 2022. Spotify lost an average of ~430 million euro per year. And they weren’t profitable from 2008 to 2016 either… -0.43 billion per year is not “barely making a loss”. But investors saw potential and they kept funding.

    • Atomic@sh.itjust.works
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      2 days ago

      When it comes to technology that nations consider existential to their existence. There is always enough money.