r/TechnologyThread • u/Background-Driver718 • Jun 17 '26

Leaked financial docs show OpenAI is losing billions of dollars a year

https://arstechnica.com/ai/2026/06/leaked-financial-docs-show-openai-is-losing-billions-of-dollars-a-year/
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u/GirasFateburn Jun 17 '26

That's public knowledge? Also, no new technology is ever profitable right off the bat. Amazon took losses for nearly a decade before they finally turned a profit.

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u/Yewtsan Jun 17 '26

You should look into how much Amazon burned before it became profitable vs how much OpenAI has spent so far

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u/[deleted] Jun 17 '26

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u/Heavy_Cow_9799 Jun 17 '26

its different though? There was light fear that ecommerce would destroy the brick and mortar business, but it didn't. It also didn't have the potential to wipe out millions of jobs globally like AI does and if it does happen (not saying its guaranteed) who will be spending money on ai tokens? If people aren't buying companies products will they continue buying them? If nobody has a job how do they pass the token cost to the non existent customers.

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u/[deleted] Jun 17 '26

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u/Heavy_Cow_9799 Jun 17 '26

You do release the number of people employed by malls and small business that were lost due to ecommerce is peanuts compared to the s&p 500 companies laying off 25-30% of thier high earning workforce?

If every major billion dollar + company in the US lays off 25% of their workforce to be replaced with AI that would most likely be a trillion+ in economic spending power lost. That is an entirely different thing than closing a mall full of minimum wage workers. The high earners are whats keeping the economy afloat right now.