> What is the point - exactly - of profit?
replyIt's what attracts capital investment, which businesses need
OpenAI seems to do reasonably well at attracting capital investment without profits.
replyAs did Amazon, Google, Meta etc etc.
OpenAI is great at attracting people who say "yeah, sure, I'll give you capital at some point in the future" who then never actually give them the capital (or at least haven't yet).
replyThey seem to be spending lot of cash too...
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replyIf I remember correctly, Facebook took 10 years raising money before going ipo.
replyCould be wrong though.
What's the point - exactly - of a company being sustainable?
replyBeing profitable isn't the same as sustainable.
replyEven a simple shop isn't profitable for months if it needs to buy stock up front, and run some ads to let people know about it. The money for that comes from the shop owners as an investment.
This is the same thing but on a slightly bigger scale, over a longer time frame.
If your shop is unprofitable for years with no chance to recoup any of the costs, you close it, as your investments run out, and investors and banks stop giving you money as you keep losing them.
replyUS tech companies just continue operating because "revenue and growth".
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