Only because MoviePass failed (to become a monopoly).
Something like OpenAI forces investors to operate on a Sunk Cost Fallacy, where they’d rather keep bailing out the company than lose what they’d already invested. Nearly every commercially successfully corporation has followed this exact model.
Once you reach Walmart/Amazon status (ie. household name) you’re “too big to fail”. Not until something else comes along to replace you. Actual business success is negligible once you’re a monopoly.
McDonald’s is the shittiest fastfood chain on the planet and continuously going downhill, but not once has the company ever been in danger of shutting down. They’ve only continuously expanded until they convinced all consumers there was no better alternative.
And last I checked, people have begun to embrace ChatGPT in the same teeth-gritting fashion as McDick.
It might just cave like Vine, or it might outright replace Google. At this point, could go either way.
It recently occurred to me that OpenAI is using the MoviePass model.
Didn’t work out so well for MoviePass.
I bought 15 dollars of Moviepass long after it failed because I wondered if the marketing had value.
It did not.
There was zero value.
It probably did actually, but the thing also is that it was being run by idiots
moviepass had some value eventhough it was over-inflated and gougy, LLM had no value to people.
Only because MoviePass failed (to become a monopoly).
Something like OpenAI forces investors to operate on a Sunk Cost Fallacy, where they’d rather keep bailing out the company than lose what they’d already invested. Nearly every commercially successfully corporation has followed this exact model.
Once you reach Walmart/Amazon status (ie. household name) you’re “too big to fail”. Not until something else comes along to replace you. Actual business success is negligible once you’re a monopoly.
McDonald’s is the shittiest fastfood chain on the planet and continuously going downhill, but not once has the company ever been in danger of shutting down. They’ve only continuously expanded until they convinced all consumers there was no better alternative.
And last I checked, people have begun to embrace ChatGPT in the same teeth-gritting fashion as McDick.
It might just cave like Vine, or it might outright replace Google. At this point, could go either way.
Yeach thats human fallacy in the work. Way too much brand loyalty.