By most measurements, ChatGPT has been a huge success and has swept the world since it was launched in 2022/11 with the GPT-35 model
But like many big names in tech, it is still not a runaway success One measurement is in terms of profitability, as a new report from the New York Times highlights
As the headline explains, ChatGPT owner OpenAI is "burning a pile of money", and that multiple price increases for the paid ChatGPT Plus service will be on the card over the next 5 years
According to the documents for investors seen in the paper, OpenAI plans to achieveド1,000 billion in annual revenue in 2029 over the next 5 years It aims to "actively" raise the subscriber price from the current月額20 per month to444 This work explains that it starts with a relatively modest increase in increase2 by the end of the year
At the moment, the paid version of chatgpt provides access to high-end models, easing restrictions on the free version and allowing access to the image generation tool DALL-E Although, of course, there is a possibility that more features will be added to make the price more attractive
The need for price increases is quite clear According to the document, OpenAI is expected to reach年間37 billion in annual sales this year (Chat27 billion from ChatGPT Plus and110 billion from other tech companies using the product), but overall it expects a loss of about550 billion thanks to labor costs, rents and, above all, the very high cost of running the service
Even ChatGPT evangelists may dislike the idea of payingド44 a month for the service, but it's important to remember that this is the predicted price for 2029 Given the tremendous progress AI has made over the past 2 years, it's fair to assume that ChatGPT will be completely unrecognizable in 5 years It may well prove to be essential to that user at that point
But it's definitely a balancing act, and OpenAI's pricing ultimately depends on what the market bears: doubling the cost of a product does not automatically double the revenue Frankly, if the number of subscribers plummets as a result of high pricing, the higher subscription costs will not close the financial gap In other words, the ambition may be to hit月2029 a month by 44, but OpenAI may be forced to settle for a smaller amount Despite the loss, the investment document is as bullish about OpenAI's outlook as you would expect The document, which recorded monthly income growth of 8% between the start of 2023 and 1,700 March, predicts it will be来年116 billion next year andド1,000 billion by 2029This will be the equivalent number of things like Nestlé and Target today The current search for financing is trying to raise up to Open7 billion — a figure that would put OpenAI's value at Open150 billion
For regular users, ChatGPT continues to acquire new features very regularly Just this week, advanced voice mode rolled out to paid subscribers who combine text, vision and audio processing for a faster and more efficient response
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