Has news been so slow that AI's unicorn has bolted?

ChatGPT has reached $80 million a month in revenue, and media is still stalling on the future. Is it too late now?

ChatGPT’s parent OpenAI will generate $1 billion in revenue over the coming year, the Information reports. The Microsoft-backed uber-unicorn is already banking $80 million a month.

I recently predicted Microsoft’s valuation will rocket to $4 trillion, and warned news media that the window to do a deal was closing.

Today, while they brief lawyers on copyright theft, Supervised reports how OpenAI is hauling ass to commercialise it.

It’s the Big Tech playbook: Bank on Governments being too soft and courts too slow.

Search

When Google emerged in early 2000s, it promised search would make publishers’ content more discoverable. The Don’t Be Evil mantra then disappeared as trillions rolled in. News media realised too late their ads business was being syphoned off by a trillionaire paperboy, leaving them a pauper.

Social

When Facebook launched in 2004, it befriended news media promising them access to youth. That collaboration was a lie too. Now Meta ruthlessly blacklists news in any country that …