Don't Believe Everything You Read | Episode #017

Mike and Justin dig into the real economics behind AI and what it means for founders, agencies, and anyone trying to build something in this space.

We break down why OpenAI is actually betting on enterprise partnerships (not your $20/month subscription), how AI tech is currently subsidized, and what that means for competition and pricing going forward. Turns out most people paying for ChatGPT barely use it, and the whole agency model might be shifting toward profit sharing arrangements.

But here's what matters: access to information has never been faster or more available. We're living through a moment that looks a lot like Star Trek, where you just ask the computer what you need to know and it tells you. The question is how to build sustainable businesses around this technology and what role traditional industries still play in a digital first economy.

We also get into trust, why competition is good for everyone, and how content consumption is changing faster than most people realize. If you're building something, this conversation matters.

Timestamps:00:00 OpenAI's Revenue Model and AI Discoveries02:42 The Economics of AI and Subscription Models05:34 The Future of Content Consumption and Trust in AI08:41 The Competitive Landscape of AI Technology11:26 The Role of Traditional Industries in a Digital Economy14:06 Final Thoughts on AI and Business Dynamics

Forward to Extraordinary.