1,197 karma · joined November 8, 2013
yes
Then they all copied Netflix, because the stockmarket was rewarding it, and had to start dealing with billing, customer retention, technology platforms, advertising platforms. And they all lost a ton of money a doing it.
Joel Spolsky explained this well about what makes a good programmer[1]. "If the basic concepts aren’t so easy that you don’t even have to think about them, you’re not going to get the big concepts."
[1] https://www.joelonsoftware.com/2006/10/25/the-guerrilla-guid...
I was at a smaller public company that overhired during COVID then struggled with profits (among other things). CEO and leadership lost a ton of money due to the share price drops from COVID peaks and CEO was ultimately pushed out.
It is a concern... it took a few centuries for the printing press to spur the Catholic/Protestant wars and then finally resolve them.
It seems true that no company has used frontier models to create a product with business value commensurate with the cost it takes to train and run them. That what OpenAI is trying to do with Sora, and with Codex, Apps, "Agent" flows, etc. I don't think there's more to read into it than that.