It says a lot about the current economy that consumers have no money. Will companies just stop making consumer products?
Yes. I have noticed that is close to impossible to get good deals on flights, hotels, or even good discounts on-line. Sellers have all the information from consumers that they need to maximize their profit and extract the maximum amount from consumers. Dynamic pricing is making it a personalized experience, so I personally pay the maximum I possible can.
No room to get a fair price anymore.
Let’s be real: OpenAI is circling the drain.
The company with the fraudster serial liar CEO who said he was gonna spend a trillion dollars can’t keep a video service alive right after signing a $1 billion dollar with Disney?
What kind of a joke is that?
This is a company that has blown its opportunity twiddling around with zero product. They still just run a plain chatbot interface with zero moat and zero stickiness.
There’s no “pivot” for a company that is in this deep.
I'm no fan of Altman or OpenAI, it's a pretty shady company and I am suspicious of their books, but this was a great demonstration of the uselessness of boards and how out of touch they are with the business they are supposed to be supervising. It's really rare to find an effective board, primarily they sit like a House of Lords enjoying ceremonial perks and a stipend in exchange for holding a few meetings a year.