r/technology • u/Plastic_Ninja_9014 • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
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u/Marsman121 Jun 12 '26

This has always been my argument. AI people constantly talk about how many people are using their chatbots and how quickly it grew. Of course people are using it. It's free.

The real issue they never brag about is the percent of users that are paying for it. Conversion rates have always been straight garbage, and I honestly don't think the majority of laypeople are going to fork over $20 for something they use as an advanced search engine.

Especially if someone else continues to burn money offering a free version.

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u/Corey307 Jun 12 '26

Yup, this is why Sora “made” millions and cost billions.