“Driverless cars are powered by AI, but so far the money that has gone into them, on order of $100 billion dollars, vastly exceeds the actual revenue that has come out of them.”
OpenAI reportedly burns about $700,000 a day and told investors to expect $200 million in 2023 revenue. Its website traffic no longer looks exponential. Driverless cars swallowed $100 billion for a few billion back. Generative AI is priced on the same hopes, with no killer app and no moat. Coding is the one use case that pays.