OpenAI's business value now comes mostly from the consumer subscriptions, not the underlying LLM model.
- OpenAI's business value now comes mostly from the consumer subscriptions, not the underlying LLM model.
- They started off by having the first break-out model quality.
- But now their value is less the model (there's a whole peloton of similar-quality competitors), but mainly the momentum of the massive subscription base.
- Put another way: which would OpenAI choose to give up if they had to?
- Their proprietary model?
- Or their existing subscription user base?
- If you swapped ChatGPT's model for Llama right now ChatGPT would probably continue to win the consumer space.[cx]