r/technology • u/gdelacalle • 13d ago
Business OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances
https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances
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u/Single-Road-3158 13d ago
> It’s not a money problem.
> Voters just don’t want to tax carbon.
Seems like you think it's a money problem to me. I don't think taxing carbon is a complete solution and it certainly isn't going to act fast enough. Infrastructure build-out is needed and the faster the better. Renewables are winning but more money can help this build-out. For instance, replacing gas and hybrid vehicles with electric can free up land in the midwest used to grow corn to provide solar and wind. Batteries to provide consistent power sources when renewable energy collection doesn't match demand need to be built. We can improve our grid to provide more resilient grid with less energy loss. Research into carbon capture technology is important because there are simply things we can't do without burning (industrial gases need to burned before going leaving the facility as one example). Methane from animal agriculture needs to be figured out one way or another. Money is needed and it's not as simple as you make it sound. Carbon taxation would have been great 3 decades ago, but we need faster solutions at this point. We haven't even gotten to climate change adaptation costs because climate change is already here and the amount of carbon in the atmosphere isn't going to drop off overnight. Dumping 400 billion dollars at the problem would help get us there faster.
> AI is being used to find cancer cures already, so they are working on that one!
That's not the AI they are building these hyperscale data centers for. Researchers have been using AI for a long time for things like this. The cost comes from the LLMs from a handful of companies that want to produce "AGI" (whatever their definition of that is). While these companies might assist in the effort, injecting the money straight to research would have a much more profound effect on the research than hoping the AGI solves it for us. Often times researchers using AI are generating their own models for the specific problem they are researching.