AI Bubble Burst Coming Soon 😱

Exactly a year ago, predictions ran thick and strong about OpenAI going bankrupt by the end of this year. It’s about time we reassessed the situation. 

Recent numbers suggest that OpenAI is expected to spend nearly $4 billion this year on Microsoft’s servers and almost $3 billion on training its models. With its workforce of around 1,500 employees, expenses could notch up to $1.5 billion. In total, operational costs may hit $8.5 billion, while the revenue stands at only $3.4 billion.

However, some believe otherwise. 

“As long as Sam Altman is the CEO, OpenAI will never go bankrupt. He will continue to drop mind-blowing demos and feature previews, and raise billions. I am not being sarcastic; it's the truth,” posted an AI influencer, Ashutosh Shrivastava, on X. 

Further, he added that with products like Sora, the voice engine, GPT-4’s voice feature, and now SearchGPT, anyone who thinks OpenAI will go bankrupt is simply underestimating Altman.