OpenAI Might Be About To Pop The AI Bubble
Reality will hit hard.
There is a tension in the air. Anyone involved in technology or finance can sense the immense juxtaposition of the AI industry. This technology is meant to be drastically disruptive and wildly profitable, yet it is struggling to find applications and is draining the pockets of even the largest tech giants. Even those who have poured billions into the AI industry are starting to notice this issue, with many investment bankers questioning whether they will ever see a return on their money. In short, there is an AI bubble, and it is fit to burst. But OpenAI, arguably the world’s largest and most influential AI company, might be about to thrust a pin into this bubble.
How? Well, anonymous sources told The Information that OpenAI is considering a $2,000 subscription to access its advanced AI models. It is unclear whether this is on a monthly or yearly basis, but either way, it is a drastic jump up from its current subscription of roughly $20 per month. It’s also unclear if this increase would apply to its current roster of AI tools or its next-generation tools. But this doesn’t matter either, as their current tools still can’t deliver the impact promised or expected. ChatGPT still gets things massively wrong; whether it’s writing hilariously false facts or writing code that is so buggy, it’s more efficient to just…
