Neil Freiman
๐ค SpeakerAppearances Over Time
Podcast Appearances
it's part of a broader strategic pivot that is trying to streamline all these apps and go after more enterprise consumers than just regular people.
No, but maybe, you know, there have been a bunch of other competitors jumping into the space.
You know, there's that Chinese company ByteDance, which is TikTok's owner, has its own video generation app that still appears to be going strong.
Google's also in this space.
So just because OpenAI is pulling back doesn't necessarily mean that AI video generation is completely dead.
It just might be a ceasefire.
But for OpenAI, you know, it was...
trying to do everything everywhere all at once, and it was not working.
It needs to get its finances in order ahead of this IPO.
It's going against Anthropic, which has no video at all, and they reached $19 billion in annualized revenue earlier this year just by doing text and code.
OpenAI is looking at that business model with a little jealousy and saying, we're trying to do all these things, trying to go after just regular consumers, and it's not actually helping our business.
There's a lot of chaos in the aviation industry right now, but United is keeping its eye on the prize, really rich travelers.
Yesterday, the airline announced its biggest fleet rejuvenation in history, adding more than 250 aircraft by 2028 that will be stuffed with premium live flat seats that push regular economy passengers deeper to the back of the plane.
Take the new A321neo, for example, what United's calling the coastliner because it's going to whisk people between New York and California.
This plane will have 20 elite tier Polaris seats, which go horizontal, something that doesn't exist on that route now.
In addition, there will be 12 premium economy seats, 36 with extra legroom and the rest standard economy.
Essentially, United wants to give first class passengers the kind of white glove service they'd expect on an international flight.
on a longish domestic one.
Because United can charge a buttload for it, and that's all what this comes down to, really.
Airlines and the travel industry more broadly are going all in on premium because it's way more profitable than economy.