> Sam recently said only 7% of Plus users were using thinking (o3)

Thinking or just o3, and over what timeframe? There were a lot of days where I would just rely on o4-mini and o4-mini (high) b.c. my queries weren't that complex and I wanted to save my o3 quota and get faster responses.

> That means 93% of their users were using nothing but 4o!

Also potentially 4.1 and 4.5?

> the percentage of users using reasoning models each day is significantly increasing; for example, for free users we went from <1% to 7%, and for plus users from 7% to 24%.

https://x.com/sama/status/1954603417252532479

If they're not paying users then they're just a liability.

How so? You capture the market first, then you turn on paid ads and reap benefits for decades like Google.

Even when a business makes a profit, then the costs are still technically liabilities.

And you're assuming that ad revenues or whatever will be high enough to cover the costs. And that's not a given.

monetizing those will come eventually - it's just hard to get right

> (monetizing LLMs is) just hard to get right

Time will tell if that's just a euphemism for "there is no business model here".