It is not losing money, the whole industry haven't figured out how to generate revenue yet.
it is the starting phase of LLM like we experienced in .com bubble.
Is it a bubble at this point? Yes. Can it generate revenue in the future? Yes.
Will openAI survive in this bubble? Maybe.
It is quite literally losing money at an unsustainable rate. They need a path to profitability otherwise this is a massive boondoggle for all of the investors
Yeah, financial bubble != useless technology. Maybe coding agents do cost $50 per month in the long term, but I might just pay that for entertainment and personal stuff. Like, I don't even try to vibe code my job, but in the evenings having a cool slop generator is good times.
Right now I use a Chinese vibe code plan, really good value.
