Matt Levine’s Money Stuff: OpenAI Has a Business Plan

Revenue model

There’s a famous Sam Altman interview from 2019 in which he explained OpenAI’s revenue model :

The honest answer is we have no idea. We have never made any revenue. We have no current plans to make revenue. We have no idea how we may one day generate revenue. We have made a soft promise to investors that once we’ve built this sort of generally intelligent system, basically, we will ask it to figure out a way to generate an investment return for you. [audience laughter] It sounds like an episode of Silicon Valley, it really does, ...