this post was submitted on 22 Sep 2026
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Tech companies are expected to be run at a loss for quite some time before they start being profitable.
They were founded in 2015 and "officially" launched GPT in 2022 to the public. If they make profits by 2032, that would be in line with how other tech companies established themselves.
For example, Spotify wasn't profitable until 2024. They launched in 2008.
So, I don't know why them not being profitable is what everyone is talking about. They're not expected to be profitable until 2030 at the earliest. And every serious investor know this.
Yes I'm very fun at parties. But it seems that a lot of people just do not understand the expected timelines of tech companies.
Okay but the world had enough money to bankroll Spotify for 20 years. It doesn't have the kind of money OpenAI needs.
When it comes to technology that nations consider existential to their existence. There is always enough money.
And Spotify was barely making a loss AND had a lot of revenue. They were just putting more capital into infrastructure, etc. instead of profits.
Excuse me? From 2017 to 2022. Spotify lost an average of ~430 million euro per year. And they weren't profitable from 2008 to 2016 either... -0.43 billion per year is not "barely making a loss". But investors saw potential and they kept funding.