this post was submitted on 21 Jul 2026
218 points (99.5% liked)

Technology

2657 readers
334 users here now

Tech related news and discussion. Link to anything, it doesn't need to be a news article.

Let's keep the politics and business side of things to a minimum.

Rules

No memes

founded 1 year ago
MODERATORS
 

OpenAI wants you to believe that by 2030, it’ll be raking in $100 billion a year just from ads alone - even though it’s currently struggling to reach just $1 billion.

top 23 comments
sorted by: hot top controversial new old
[–] Jaysyn@lemmy.world 18 points 6 hours ago (2 children)

Good. Die faster and take Oracle with you.

[–] SupraMario@lemmy.world 10 points 6 hours ago

Oracle might go first, their credit rating was downgraded again to BBB-. So banks are even less likely to loan anything to them

[–] boaratio@lemmy.world 6 points 5 hours ago

I want to punch both Larry Ellison and Sam Altman in the face so bad. Clearly neither of them have ever been punched in the face, and their time is due.

[–] TomMasz@piefed.social 8 points 5 hours ago

For most companies, this would be a fireable offense. But that's yesterday's thinking.

[–] yakko@feddit.uk 10 points 7 hours ago

Tangentially, is there a single picture of Altman that doesn't instantly read as "insane sack of shit"?

[–] melsaskca@lemmy.ca 7 points 6 hours ago

When growing up, if people needed or wanted a new product that was offered, they would purchase it. Nowadays it is forced upon you.

[–] architect@thelemmy.club 1 points 4 hours ago* (last edited 4 hours ago)

They haven’t turned ads fully on yet lol. This site just want you to click and think you’re winning.

[–] supersquirrel@sopuli.xyz 1 points 4 hours ago

Burn baby burn!

[–] StillAlive@piefed.world 85 points 12 hours ago (2 children)

90% isn't 'falling short'. It's 'barely starting'.

[–] rimu@piefed.social 42 points 12 hours ago

It's "get a new business model"

[–] Tollana1234567@lemmy.today 7 points 11 hours ago

these AI companies are looking for the suckers and loser retailers and other industry to hold the bag.

[–] prole@lemmy.blahaj.zone 3 points 6 hours ago

This would get you blacklisted in any other industry

[–] Trampampoline@sh.itjust.works 16 points 9 hours ago
[–] adarza@lemmy.ca 32 points 12 hours ago (2 children)

nearing 1 of 100 is 99% short, is it not?

[–] rimu@piefed.social 26 points 12 hours ago* (last edited 12 hours ago)

The 100 bn is "by 2030". I guess their interim target for this year is much less than 100. Maybe the target is $10 billion and they achieved $1 billion.

[–] Hegar@fedia.io 17 points 11 hours ago

Yeah this whole thing is missing some crucial information.

The paragraph quoted in the post makes it sound like they are near $1b in revenue but i think they're just speaking rhetorically, "you want 100? You can't even get 1!"

In 2026, Emarketer projects that the combination of OpenAI, Microsoft, Google, and Amazon will bring in under $1 billion in ad revenue. For context, OpenAI had projected that its AI ad revenue alone would hit $2.5 billion by the end of this year.

This makes it sound like openai is projected to make $250m this year, if they're 90% short of revenue projections for this year. That's a full 25% of the $1b total ad revenue that OpenAI, Microsoft, Google, and Amazon make combined. Which is reasonable, but it does make their projections seem absolutely farcical. At least to me, but i don't know finances.

It would be good to check rhe original analysis the article cites but it's paywalled and begins with the same misleading comparison of 2030 to now.

[–] TropicalDingdong@lemmy.world 22 points 12 hours ago* (last edited 12 hours ago)
[–] Tollana1234567@lemmy.today 12 points 11 hours ago (1 children)

a ponzi scheme worst than the crypto one.

[–] grue@lemmy.world 5 points 6 hours ago (1 children)

Between Altman and Bankman-Fried, these scammers are giving Sams a bad name.

[–] Alk@sh.itjust.works 1 points 3 hours ago

Name a good Sam to balance it out

[–] Tempus_Fugit@lemmy.world 17 points 12 hours ago (1 children)

You love to see it. Bravo Scam Altman, bravo.

[–] inari@piefed.zip 9 points 8 hours ago

I read this in Ed Zitron's voice

[–] Hairyfishnuts@feddit.online 13 points 12 hours ago

Damn and I was really pulling for em too. Oh well. Guess I'll have to find another champion to root for. In the mean time y'all ought to close it down for awhile until you figure your shit out. We can wait 50 more years or so. It could save you a lot of money if you'll just listen.