Ask HN: Do you know any company that's making money with LLMs?
I am an LLM-skeptic: I think it’s an insanely good technology, propped up by the most egregious financial scam of all time.
I would be open to be proven wrong though, so please: can anyone point at decent, profit making implementations of LLMs in companies? Can you point at a fully automated saas that’s actually turning a real relevant profit?
No, the promises of future profits don’t count. And no, the companies profiting from selling shovels to gold rushers also don’t count.
Thanks
5 comments
As I know Cursor finally has some gross margin profitability after they introduces their own Composer model.
I think the biggest reason why most products and LLM provides still in negative because they are in the inception phase and trying to extend their market share.
Kind of similar to Uber when they spent huge amount of money to conquer new markets and increase their market share.
I think in the near future we will see significant increase of prices for tokens
I think the biggest reason why most products and LLM provides still in negative because they are in the inception phase and trying to extend their market share.
Kind of similar to Uber when they spent huge amount of money to conquer new markets and increase their market share.
I think in the near future we will see significant increase of prices for tokens
I mean we run https://ziva.sh, and take a margin on the tokens we sell and make a profit. It's not 80% margins like regular SaaS, but we provide a good service and the users are content
Genuinely happy you could market a product that sustains you.
Yet, you would probably agree that your case is extremely niche, right?
Question, if you can answer: how dependent is your product from costs you can’t control (API prices) and how do you deal with that?
Seems to me your product/service is also very much engineered/structured by knowledgeable human professionals, so yeah it’s LLMs but is it automation really?
Seems to me your product/service is also very much engineered/structured by knowledgeable human professionals, so yeah it’s LLMs but is it automation really?
Anthropic?
Until we see the book I’d be skeptical, but even considering that legit, I would file them under the shovel makers category