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Lol this is the new normal, the hyperscaling gross negative margin AI startup that needs to get big enough for a government bailout
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It's interesting how just a couple of years ago everyone was saying "Google missed out on the opportunity to win the AI race and they're going to become another Kodak, Nokia etc."
And now, with all the data they have from Search, YouTube, Gmail etc. their latest Gemini is smashing it and leaves OpenAI in the dust. But it's sad that AI is such a centralizing power.
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The gross margin is positive. It's the net margin that is negative.
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Open AI might be the next catalyst for the upcoming black swan event that makes everyone poor
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