OpenAI, Forecasts and Guesses

Here’s a suggestion for OpenAI’s management: Stop issuing long-range revenue forecasts to investors. While we at The Information love getting our hands on these, as they make for good stories, it’s doubtful they’re doing OpenAI much good. How can anyone take seriously forecasts for revenue reaching as far out as 2030? (OpenAI projects total revenue will reach $284B by then, compared with $13B last year.) Analyst Jim Chanos is a well-known skeptic, but his suggestion in February that the company’s projections were maybe “just guesses” likely resonated with a few people.