OpenAI's Financials Revealed, Tesla Robotaxi Debut, Shein's Weird CEO

Big Technology Podcast

Alex Kantrowitz

Technology, Religion & Spirituality, Business News, Business, Religion, Science, Philosophy, Society & Culture, Entrepreneurship, Management, Marketing, Politics, News Commentary, Government, Investing, Tech News, Social Sciences, News

4.6 • 395 Ratings

🗓️ 11 October 2024

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. Cory Weinberg from The Information joins us for the first half! We cover 1) OpenAI's financials leak 2) OpenAI plans to make most of its revenue via ChatGPT 3) OpenAI's staggering losses 4) Can OpenAI be a sustainable business? 5) Training costs vs. inference costs 6) You don't exclude training costs from profitability statements! 7) Tesla's Robotaxi event 8) Self-driving's importance 8) Ranjan gets the Snap spectacles 9) Shein's CEO oddities 10) Is Shein state run? 11) TikTok's impact on kids. --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. For weekly updates on the show, sign up for the pod newsletter on LinkedIn: https://www.linkedin.com/newsletters/6901970121829801984/ Want a discount for Big Technology on Substack? Here’s 40% off for the first year: https://tinyurl.com/bigtechnology Questions? Feedback? Write to: [email protected]

Transcript

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0:00.0	Let's take a look at OpenAI's newly revealed financials and discuss its massive projected losses.
0:06.0	Tesla is also out with its Robotaxi, Robo van, an Optimus Robot.
0:11.0	And we have some questions about Sheehan's IPO. That's coming up right after this.
0:17.0	Hi, I'm Kwame Christian, CEO of the American Negotiation Institute, and I have a quick question for you.
0:24.4	When was the last time you had a difficult conversation?
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0:35.6	We produce episodes every single day to help you lead,
0:39.3	persuade, and resolve conflicts both at work and at home. So level up your negotiation skills by
0:44.8	making negotiate anything part of your daily routine. Have you been feeling the effects of
0:50.4	stress, burnout, or anxiety at work? Listen to the Anxious Achiever podcast to rethink the
0:56.5	relationship between your career and your mental health. Get the Anxious Achiever wherever you find
1:02.4	your podcasts and walk away with practical advice you can implement today. Welcome to Big Technology
1:09.6	Podcast Friday edition where we break down the news in our traditional
1:12.7	cool-headed and nuanced format. We have a great show for you today because we're going to go
1:17.5	deep into Open AI's financials now that the information has opened the books. They've gotten
1:22.9	some exclusive details about the company's revenue projections, its costs and its losses, and where it expects to go over the next few years.
1:32.4	We'll also talk about the Tesla Robotaxi event coming up in the second half.
1:37.1	And then also, Ranjan has some questions about the Shee and IPO and its CEO.
1:41.5	But we are lucky to be joined here for the first half by Corey Weinberg,
1:45.5	the information reporter that broke the Open AI News. Corey, great to see you. Welcome to the show.
1:50.3	Great to be here, Alex. And also, Ranjan Roy is here as always on Friday. Ron John, good to see you.
	...

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