ChatGPT-5 is out
- shoopa
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ChatGPT-5 is out
CNN has a write up on yesterday's launch of CHatGPT-5, and I have one question.
How does a company which has not made a profit get valued at $500 billion?
"New York —
Sam Altman, the artificial intelligence hype master, is in damage-control mode.
OpenAI’s latest version of its vaunted ChatGPT bot was supposed to be “PhD-level” smart. It was supposed to be the next great leap forward for a company that investors have poured billions of dollars into.
Instead, ChatGPT got a flatter, more terse personality that can’t reliably answer basic questions. The resulting public mockery has forced the company to make sweaty apologies while standing by its highfalutin claims about the bot’s capabilities.
In short: It’s a dud.
The misstep on the model, called GPT-5, is notable for a couple of reasons.
1. It highlighted the many existing shortcomings of generative AI that critics were quick to seize on (more on that in a moment, because they were quite funny).
2. It raised serious doubts about OpenAI’s ability to build and market consumer products that human beings are willing to pay for. That should be particularly concerning for investors, given OpenAI, which has never turned a profit, is reportedly worth $500 billion.
Let’s rewind a bit to last Thursday, when OpenAI finally released GPT-5 to the world — about a year behind schedule, according to the Wall Street Journal. Now, one thing this industry is really good at is hype, and on that metric, CEO Sam Altman delivered. "
https://www.cnn.com/2025/08/14/business ... t-problems
How does a company which has not made a profit get valued at $500 billion?
"New York —
Sam Altman, the artificial intelligence hype master, is in damage-control mode.
OpenAI’s latest version of its vaunted ChatGPT bot was supposed to be “PhD-level” smart. It was supposed to be the next great leap forward for a company that investors have poured billions of dollars into.
Instead, ChatGPT got a flatter, more terse personality that can’t reliably answer basic questions. The resulting public mockery has forced the company to make sweaty apologies while standing by its highfalutin claims about the bot’s capabilities.
In short: It’s a dud.
The misstep on the model, called GPT-5, is notable for a couple of reasons.
1. It highlighted the many existing shortcomings of generative AI that critics were quick to seize on (more on that in a moment, because they were quite funny).
2. It raised serious doubts about OpenAI’s ability to build and market consumer products that human beings are willing to pay for. That should be particularly concerning for investors, given OpenAI, which has never turned a profit, is reportedly worth $500 billion.
Let’s rewind a bit to last Thursday, when OpenAI finally released GPT-5 to the world — about a year behind schedule, according to the Wall Street Journal. Now, one thing this industry is really good at is hype, and on that metric, CEO Sam Altman delivered. "
https://www.cnn.com/2025/08/14/business ... t-problems
- bestfreeporn
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pussylover
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Every one is now a specialist in everything, anything you say they go let me ask ChatGPT wtf.
- killah
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It's evolving at a fast pace that's good
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When there is big money involved and to be made things move at. faster pace.
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shoopa wrote: ↑August 15th, 2025, 8:04 amCNN has a write up on yesterday's launch of CHatGPT-5, and I have one question.
How does a company which has not made a profit get valued at $500 billion?
"New York —
Sam Altman, the artificial intelligence hype master, is in damage-control mode.
OpenAI’s latest version of its vaunted ChatGPT bot was supposed to be “PhD-level” smart. It was supposed to be the next great leap forward for a company that investors have poured billions of dollars into.
Instead, ChatGPT got a flatter, more terse personality that can’t reliably answer basic questions. The resulting public mockery has forced the company to make sweaty apologies while standing by its highfalutin claims about the bot’s capabilities.
In short: It’s a dud.
The misstep on the model, called GPT-5, is notable for a couple of reasons.
1. It highlighted the many existing shortcomings of generative AI that critics were quick to seize on (more on that in a moment, because they were quite funny).
2. It raised serious doubts about OpenAI’s ability to build and market consumer products that human beings are willing to pay for. That should be particularly concerning for investors, given OpenAI, which has never turned a profit, is reportedly worth $500 billion.
Let’s rewind a bit to last Thursday, when OpenAI finally released GPT-5 to the world — about a year behind schedule, according to the Wall Street Journal. Now, one thing this industry is really good at is hype, and on that metric, CEO Sam Altman delivered. "
https://www.cnn.com/2025/08/14/business ... t-problems
People invest in companies on the future earnings potential, that is how my former boyfriend used to make his money.
- tacnet
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More and more market analysts are predicting that the AI bubble is about to burst https://www.telegraph.co.uk/business/20 ... ll-street/
The problem is, AI is a great tool but big tech has not worked out a way to make money from it. It's been 10 years since ChatGPT came out and, so far this year, American tech firms have invested over HALF A TRILLION DOLLARS in AI infrastructure. But the market is still only worth around $30-$40 billion (that's around the same size as the global smart watch industry !!)
There's no way in hell that a $40 billion global market is going to make sufficient returns on half a trillion dollars investment (and bear in mind, that's just in the first 6 months of this year). A LOT of people are going to loose a LOT of money
This is just like the dot com bubble in the late 90s. Everybody was throwing money at anything related to dot com which led to massively inflated market valuations. Then it all came crashing down in 2000/2001
The problem is, AI is a great tool but big tech has not worked out a way to make money from it. It's been 10 years since ChatGPT came out and, so far this year, American tech firms have invested over HALF A TRILLION DOLLARS in AI infrastructure. But the market is still only worth around $30-$40 billion (that's around the same size as the global smart watch industry !!)
There's no way in hell that a $40 billion global market is going to make sufficient returns on half a trillion dollars investment (and bear in mind, that's just in the first 6 months of this year). A LOT of people are going to loose a LOT of money
This is just like the dot com bubble in the late 90s. Everybody was throwing money at anything related to dot com which led to massively inflated market valuations. Then it all came crashing down in 2000/2001
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