Well articulated piece. I very much do hope you're bullishness is well-founded as I use chatGPT as a paid subscriber multiple times per day for personal uses ranging from substitutes for Google search to weighing long-term pros and cons of various AI evolution scenarios (for proprietary work, my firm uses Gemini, Glean, and Claude). However, there is also a -- scary -- case in which OpenAI is AOL to the extent that the company gets stuck as the consumer company and they struggle to get material headway with corporate buyers. I acknowledge that it is great to see so many MAU for OpenAI, but like back in 2000, eyeballs that don't pay you money are worth ... um, nothing.
Interesting thesis. I am not up on the jargon used here but it seems like OpenAI is positioned to be the "Apple" of AI. Of course the article is going to be tendentious in the sense you are a GP in a very successful fund who is invested in OpenAI's success. One has to respect the hustle. I also note the research cited here is mostly from OpenAI itself: https://openai.com/signals/enterprise-data/
Will have to pay attention to the rates of change in your thesis to see if it bears fruit. Thanks for the perspective. Again...interesting.
It’s nice to read something positive written about OpenAI for once, a truly visionary and innovative company (even if they have skimped on their safety and alignment budget). I think the switching costs are underestimated. Memory and personalization is increasing stickiness on the consumer side, and for enterprises you can’t just swap out model families all willy nilly if you care at all about responsible AI governance.
Well articulated piece. I very much do hope you're bullishness is well-founded as I use chatGPT as a paid subscriber multiple times per day for personal uses ranging from substitutes for Google search to weighing long-term pros and cons of various AI evolution scenarios (for proprietary work, my firm uses Gemini, Glean, and Claude). However, there is also a -- scary -- case in which OpenAI is AOL to the extent that the company gets stuck as the consumer company and they struggle to get material headway with corporate buyers. I acknowledge that it is great to see so many MAU for OpenAI, but like back in 2000, eyeballs that don't pay you money are worth ... um, nothing.
Says the investment firm that poured a lot of money into OpenAI.
Interesting thesis. I am not up on the jargon used here but it seems like OpenAI is positioned to be the "Apple" of AI. Of course the article is going to be tendentious in the sense you are a GP in a very successful fund who is invested in OpenAI's success. One has to respect the hustle. I also note the research cited here is mostly from OpenAI itself: https://openai.com/signals/enterprise-data/
Will have to pay attention to the rates of change in your thesis to see if it bears fruit. Thanks for the perspective. Again...interesting.
It’s nice to read something positive written about OpenAI for once, a truly visionary and innovative company (even if they have skimped on their safety and alignment budget). I think the switching costs are underestimated. Memory and personalization is increasing stickiness on the consumer side, and for enterprises you can’t just swap out model families all willy nilly if you care at all about responsible AI governance.
Steve Jobes did the same to computers, and Andreesen did the same to the Internet