As I predicted here in January 2024, with everybody building the same thing, there can be no moat:That’s been catching to OpenAI ever since. The numbers don’t lie.§And it’s not just the dwindling market share. Microsoft was for a long time OpenAI’s biggest backer, but they have increasingly backing away. Today they apparently just distanced themselves even further:When your biggest investor starts openly contemplating outsourcing your main product to China, it is what they call in business a strong negative signal.§Sometimes of course bad things come in threes. The third bad thing is that Ed Zitron just reported that OpenAI is burning money even faster than people thought:You can’t multiply your...
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