2026-09-23 14:42 UTC
Tech companies are expected to be run at a loss for quite some time before they start being profitable.
They were founded in 2015 and “officially” launched GPT in 2022 to the public. If they make profits by 2032, that would be in line with how other tech companies established themselves.
For example, Spotify wasn’t profitable until 2024. They launched in 2008.
So, I don’t know why them not being profitable is what everyone is talking about. They’re not expected to be profitable until 2030 at the earliest. And every serious investor know this.
Yes I’m very fun at parties. But it seems that a lot of people just do not understand the expected timelines of tech companies.
Replies (2)
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@HK65@sopuli.xyz 2026-09-23 15:47
Okay but the world had enough money to bankroll Spotify for 20 years. It doesn’t have the kind of money OpenAI needs.
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@uen3@sh.itjust.works 2026-09-24 22:37
They have to at least have a plausible path to profitability. The serious investors have known for some time there isn’t one with AI. Just because the AI companies will never be profitable long term doesn’t mean there is no reason to invest in them short term. That’s what a speculative bubble is. Everyone believes the line will keep going up long enough for them to turn around and sell to a greater fool in the near future. And for the most part they’re right. The ultimate bag-holder ends up being the middle class worker and their auto-assigned 401k portfolio.