@chamath This doesn’t necessarily mean it’s circular. OAI primary revenue comes from consumer + enterprise (and not startups), which isn’t accounted for here.
Even if it is VC subsidized, so was Uber for years and now look at them.
@jasonlk Since that means they would be likely to buy from their existing SaaS vendors (and thus add on modules and increase revenue) rather than AI native vendors
@jasonlk “App fatigue is real. CIOs are consolidating, not expanding. The "best of breed" era is over.
Every enterprise I talk to wants fewer vendors, not more. They want platforms, not point solutions. They want to reduce complexity, not add it.”
Doesn’t this run counter to your point?
High fee CC’s with high rewards vs debit/free credit cards are equivalent to Costco vs Safeway.
Every business “discounts” if you commit to buying more.
Rather than charging high CC fees, we could just progressively increase rewards as spending goes up but it’s the same result.
On the topic of credit cards:
It seems unfair that the points programs that are provided to the high income cardholders are paid for by the low-income cardholders that don’t get points or other reward programs with their cards.
Points and rewards programs are in effect a rebate on every purchase. The higher the reward benefits, the higher the discount fee the card company charges the retailer to cover the cost of the benefits. The greater the rewards, the higher the discount fee.
Discount fees can be as low as ~1.5% for cards without rewards but as high as 3.5% or more for ‘black’ or ‘platinum’ cards.
Since the retailers or service establishments charge all consumers the same price for the same items or services, the millions of lower income consumers with no reward benefits are in effect subsidizing the platinum cardholder when he uses his card. In other words, the low income consumer is paying an extra 2% on his credit card purchases to cover the rewards points for the platinum cardholder.
This doesn’t seem right to me. What am I missing?
@_rajkhare Put your money where your mouth is. I wish I could invest into them so it’s perfect.
I’d do $10k long and you can get the short position.
If you didn’t just make up your claim, you’ll take me up on this.
@cjpedregal@meetgranola I appreciate the thoughtful response and understand the tradeoff you were thinking about now. Keep on shipping!
Secondary ask would be ability to open multiple windows.
I commonly am taking notes for a new meeting but want to look back at old ones on a different tab/window.
Who’s building @meetgranola except it actually saves that you want to use transcripts every time and Claude 4.5 thinking?
i.e. building the best product and charging appropriately for it rather than trying to save model costs
@cjpedregal@meetgranola That’s great to hear!
Yes, when chatting with my meetings, I always prefer accuracy over speed so I always end up switching to using one of the thinking models.
I would like to be able to change this in settings because instead I go in every chat and change it.
@_rajkhare Crazy how you’re building a competitor product and so is everyone who says “I’ve heard the same” in the comments, while the few customers who chimed in disagree.
Word of advice, beat them on product if you want to win, not lies. Reputation is hard to rebuild.
@airfrance has now taken 24 hours and still I’m in the “queue” to connect with a live agent. We shall see if I ever do.
At least their support bot is fun.
@RandPaul Correct me if I’m wrong, but were any laws broken here?
They were classified as a terrorist organization so this is no different than the tens of thousands of drone strikes the US military has carried out in the Middle East.
Is there an AI note taker similar to @meetgranola that allows you to have multiple windows?
I use Granola, but am going to switch if someone tells me an app that will let me take notes on my current meeting while having a secondary window with prior call notes.
Or a workaround.
@ryanorban@ScottWu46 Productivity per hour is different from total output.
Obviously these studies are tough to apply to a completely different industry and role to begin with, but I often see these cited without the proper clarification above.
@SecRubio We should be the brain drain for the rest of the world.
Exclude terrorists, spies, etc but everyone studying STEM should be encouraged to come here for college and STAY after.
That is how we continue to win.