I think that bubble might pop spectacularly, but for me to be correct would have to mean everyone gets sick of this enough to mass disengage.
A lot of us did here is my impression of lemmy, but we’re not…typical? However you see it with us being early adopters of alternatives rejecting the old anchors.
The worry is that it feels like we’re moving past a consumer-directed economy and not in the wholesome Soviet five-year-plan way.
The almighty market has figured out how to collude and cram stuff that people don’t want down our throats (what consumer wanted everything to turn into an enshittified subscription?)
Real people may not want AI slop, but if there’s enough of a sense it will make line go up, we’re getting slop.
On the other hand, this factor might be the salvation: the current AI market is full of 2000-era-dot-com business models based on selling at a loss and making it up on the promise of global domination later. If the VC money dries up, and every “delve” costs whatever the actual amount it costs to drain the oceans and oilfields to pump into an array of Quadros plus sufficiently reimbuse all the ghouls that bankrolled the project, maybe the line doesn’t go up anymore.
On the other hand, this factor might be the salvation: the current AI market is full of 2000-era-dot-com business models based on selling at a loss and making it up on the promise of global domination later.
Except of course, that’s all a lie and they can never remotely turn a profit. AI can’t perform anything that’s being promised, it’s not getting cheaper and it doesn’t noticeably improve where it matters.
You can see the cracks starting to form: The classical big tech players are already bailing out of AI-growth, microsoft, oracle, amazon are opting out of their growth and not investing anymore. And of course they are, Amazon pumped over 200 billion into AI, and are turning 5b revenue. Not profit, revenue. They’re not making any profit, despite 200b of investment.
Soon enough, Open-AI too is going to fail under the strain of their immense and constant losses when the people who keep pumping venture capital stop doing that. I’ll eat my hat if they last into 2028.
I feel like we are slowly getting to the situation the Three Stooges were in where they all owe each other money. Bots make the numbers go up which gets investors interested giving money to the company. C levels make money which they invest in other companies who’s numbers are boosted by bots and this cycle begins again.
You owe me $20. Here’s $10, I’ll owe you. But you owe me $20. Here’ $10 I’ll owe you. Here’s the $10 I owe you. And here’s the $10 I owe you.
That’s just it: boosting perceived metrics to try to stimulate further engagement
I think that bubble might pop spectacularly, but for me to be correct would have to mean everyone gets sick of this enough to mass disengage.
A lot of us did here is my impression of lemmy, but we’re not…typical? However you see it with us being early adopters of alternatives rejecting the old anchors.
That’s what I like about lemmy, it feels like old reddit again.
The worry is that it feels like we’re moving past a consumer-directed economy and not in the wholesome Soviet five-year-plan way.
The almighty market has figured out how to collude and cram stuff that people don’t want down our throats (what consumer wanted everything to turn into an enshittified subscription?)
Real people may not want AI slop, but if there’s enough of a sense it will make line go up, we’re getting slop.
On the other hand, this factor might be the salvation: the current AI market is full of 2000-era-dot-com business models based on selling at a loss and making it up on the promise of global domination later. If the VC money dries up, and every “delve” costs whatever the actual amount it costs to drain the oceans and oilfields to pump into an array of Quadros plus sufficiently reimbuse all the ghouls that bankrolled the project, maybe the line doesn’t go up anymore.
Except of course, that’s all a lie and they can never remotely turn a profit. AI can’t perform anything that’s being promised, it’s not getting cheaper and it doesn’t noticeably improve where it matters.
You can see the cracks starting to form: The classical big tech players are already bailing out of AI-growth, microsoft, oracle, amazon are opting out of their growth and not investing anymore. And of course they are, Amazon pumped over 200 billion into AI, and are turning 5b revenue. Not profit, revenue. They’re not making any profit, despite 200b of investment.
Soon enough, Open-AI too is going to fail under the strain of their immense and constant losses when the people who keep pumping venture capital stop doing that. I’ll eat my hat if they last into 2028.
I feel like we are slowly getting to the situation the Three Stooges were in where they all owe each other money. Bots make the numbers go up which gets investors interested giving money to the company. C levels make money which they invest in other companies who’s numbers are boosted by bots and this cycle begins again.
You owe me $20. Here’s $10, I’ll owe you. But you owe me $20. Here’ $10 I’ll owe you. Here’s the $10 I owe you. And here’s the $10 I owe you.