Addendum to 6/4/26 Talk at Adriance Library
By DanaGavin / June 5, 2026 / No Comments / Generative AI
First, thank you so much to everyone who came out to the Adriance Library yesterday! It was such a privilege to talk with you and share some information about generative AI with you. I wanted to offer more details regarding the generative AI industry’s financial environment.
This article does a good job of explaining the situation: It Costs So Much to Run ChatGPT That OpenAI Is Losing Money on $200 ChatGPT Pro Subscriptions
Here are a few more stories to keep filling out this picture:
- “Token prices fell 98%. Enterprise AI bills tripled. Now the industry wants a standards body to explain why”
- “AI is too Expensive”
- “Tech giants are spending $700 billion to make AI a utility — but they can’t even get the power turned on”“
Finally, here’s Ed Zitron appearing on Bloomberg Podcasts, on June 2, 2026:
Zitron is doing a tremendous service for those of us who want to understand the financial issues at play, but who do not have time to be an investigative journalist — OpenAI, Anthropic, and the like are not forthcoming with their information, so it takes a dedicated approach to put the pieces together. His podcast is wealth of information, and he brings on industry experts to help us all get up to speed.