Consider OpenAI: the company is hemorrhaging cash, projecting $44 billion in losses over five years with no profits expected anytime soon [1]. Anthropic is no better. These giants have no real revenue model, and markets are about to teach them a brutal lesson. While I can’t wait for the hype to collapse, I also know that the crash will separate the wheat from the chaff. Those of us who actually understand how to use AI will emerge stronger, while the corporate morons who bought the hype will be left holding empty bags and abandoned promises.
The reason the so-called AI leaders are doomed is simple: they have no sustainable revenue model. OpenAI projects billions in losses, and its valuation is built on vapor. Meanwhile, Chinese open-source models like DeepSeek and Qwen are outperforming them at a fraction of the cost. As I’ve noted before, the arrogance of Sam Altman blinds him to the fact that his closed, expensive technology is already being eclipsed by free alternatives that anyone can run locally....<<<<Read More>>>....
