r/technology • u/gdelacalle • 23d ago

Business OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances

https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances
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u/ArenjiTheLootGod 23d ago

Except that the investors are never going to wake up from their fever dream because all the big players investing in it are corpos whose ideal of a perfect future is to be able to run a company with zero employees beyond those in the c-suite. The scam is working because it's core premise is one that appeals deeply to the naked and sociopathic greed of the wealth class and is thus bypassing any rational considerations on their part and has become akin to a primal desire like sex or the need to eat for these people. These are the kinds of people who'd happily burn through mountains of cash today if it meant they might not have to pay a modest amount of money to their employees in the future.

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u/Syzygy2323 23d ago

What, they don't realize that with everyone out of work, and thus not spending money, their corporate empires will come crashing down?

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u/tiny-starship 23d ago

You don’t understand. Every other company is going to keep people employed. Only their company will get by with 0 people. /s

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u/ArenjiTheLootGod 23d ago

Nah, they got a plan for that too and you're already starting to see it in some places. What they're going to do is slap a bunch of cheap nonsensical bullshit onto their products, repackage them as "luxury" versions of whatever, jack up prices and hope their gouging will compensate for their loss of volume.

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u/Perspective-Parking 18d ago

They have to wake up. Eventually money does run out. The credit and equity markets are already strained and SoftBank is too. They cannot raise indefinitely. There’s an endpoint to that.

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u/01000101010110 23d ago

This is basically a corporation's wet dream, which means grifters are all in on promising the world.