Short podcast-style discussion questioning whether ChatGPT is a good business. The speaker compares ChatGPT to Uber’s early strategy—suggesting initial consumer pricing may be subsidized by investors—and raises the idea that venture capital can create new consumer habits by financing prolonged subsidies until a habit forms.
Question is, is ChatGPT a good business? And I suspect it is, in the sense that consuming $20 worth of compute for the average person, they're probably okay with it. But I also wonder, is this also like Uber, where Uber was great when I could get anywhere in San Francisco for $5 because my Uber ride was subsidized by uber and the VCs who backed the company ultimately turned out to be pretty good because it created a transportation habit that didn't exist before, but it took private markets financing a lot of that to get through that.
