I have been using Kling to create AI wam videos and usually the wait time was about 5 minutes. This morning I was presented with this new screen stating there will be a 30 minute wait. It popped up for every video I created, plus every time extension on each of those videos.
I pay for credits as a member, and with so many others paying, they could upgrade their servers rather than make everyone wait. They must be raking in more and more profits, so why impose this much longer wait time? Not too happy, but still loving Kling's technology.
There is not a chance they are making a profit. The volume of users and the hardware required to generate is massive. Most of the video generation sites are burning through investor capital in a race to gain users whilst training their models. I'd expect prices to increase in the future as it's not sustainable for a lot of companies. Stable diffusion burnt through 100's of millions of investor capital to the point of near collapse. I think the only AI company actually making a profit is midjourney. It sucks, but that's the nature of the industry at the minute. Cutting edge tech that is costly to run but very few customers will to pay. It's not sustainable and may will fail without big backers such as Microsoft, Amazon, Tencent etc
messg said: There is not a chance they are making a profit. The volume of users and the hardware required to generate is massive. Most of the video generation sites are burning through investor capital in a race to gain users whilst training their models. I'd expect prices to increase in the future as it's not sustainable for a lot of companies. Stable diffusion burnt through 100's of millions of investor capital to the point of near collapse. I think the only AI company actually making a profit is midjourney. It sucks, but that's the nature of the industry at the minute. Cutting edge tech that is costly to run but very few customers will to pay. It's not sustainable and may will fail without big backers such as Microsoft, Amazon, Tencent etc
Wow, that's an eye-opener! I had no idea, thinking whenever something new comes along, profits are made. Obviously this is different then.
messg said: There is not a chance they are making a profit. The volume of users and the hardware required to generate is massive. Most of the video generation sites are burning through investor capital in a race to gain users whilst training their models. I'd expect prices to increase in the future as it's not sustainable for a lot of companies. Stable diffusion burnt through 100's of millions of investor capital to the point of near collapse. I think the only AI company actually making a profit is midjourney. It sucks, but that's the nature of the industry at the minute. Cutting edge tech that is costly to run but very few customers will to pay. It's not sustainable and may will fail without big backers such as Microsoft, Amazon, Tencent etc
Wow, that's an eye-opener! I had no idea, thinking whenever something new comes along, profits are made. Obviously this is different then.
It's a race between companies at the minute to get to the end goal before burning through funds. Microsoft have invested 13B into OpenAI. For them, offering Copilot, Bing Images etc is a way to gain and retain more customers and eventually revenue. Same for Amazon's investment into Anthropic's claude. OpenAI, Anthropic and Tencent are looking at the endgame, AGI. Images, video etc are just artifacts on the way.