I'm curious about how ChatGPT might generate revenue in the long term. Given that training these models and maintaining the necessary computational power is incredibly resource-intensive, what are the business strategies that could ensure profitability? Are we also likely to see advertisements in the free version of ChatGPT soon?
5 Answers
It's interesting to note, though, that OpenAI hasn’t turned a profit yet. They're still figuring things out just like the rest of us.
One way ChatGPT makes money is through subscription-based models. Users can pay for premium features that enhance their experience, making it a reliable revenue source.
They could license their technology to large corporations or provide consulting services to help major companies implement AI solutions. There are tons of avenues for big revenue, and they’re in a strong position to explore them now.
Yeah, it's not just subscriptions though. They also have an API that developers pay to use when incorporating ChatGPT into their own applications, so that’s another revenue stream.
I mean, there's also been a conversation about them potentially being paid to influence content and responses, which raises some eyebrows for sure.
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