I’d rather forgo all of my technology and live like a caveman than use and embrace AI the way these morons want.
The more I learned about packet tracking and air gapped attacks makes me want to just uncle Ted the fuck out, minus the violence.
I wouldn’t mind Tedding out some of these tech bros.
Its not a bubble. A bubble is when you sink billions into something with no payoff. We’ve sunk trillions. Any people aren’t just uninterested, a substantial amount are actively opposed to it. Its not the same thing at all.
Maybe you’d call that a black hole instead of bubble
Nexus of causality?
*torment
Of course they deny that AI is a bubble. Like real estate speculants deny the housing market being a bubble. It simply would be an admission of failure.
This is clearly a bubble.
I don’t care if AI is useful, it’s not this useful. And it sure as shit isn’t going to see the returns they expect.
I run an internal multi-user AI app. It plugs into almost everyone’s workflows to make things easier (fetches documents, pulls data, contextualizes stuff). It costs $1 per day per user in token costs .
You need a trillion people using these apps for the current valuations to make sense.
My guess is they are using the Netflix playbook all over again.
Get you hocked to the extreme convenience, much like a drug addict, and then pump up the price or flood every prompt with ads.
That’s my best case.
Worse case is, that alongside the rising adoption, they will start subrepticialy but effectively modifying general knowledge, thought and behaviour in ways the
worstbest Marketer would blush about.If it’s this useful, we’re (and them) fucked too because the economy would collapse under falling aggregate demand due to falling wages and layoffs. The “people will find new jobs” won’t save us from a shift this large without a depression. And all sorts of things happen during depressions.
I’m struggling to find a scenario in which we are not already fucked. I say we “go for broke” and move on.
Pop this thing.
I’m sure he’ll have no problem holding my pet Fluffy then.
The truth is: if you have wealthy people asking if a bubble is real, and their friends who benefit from their investment deny it, the bubble it is real.
So…
It’s not a bubble because…
“This is the largest infrastructure build-out in human history,” Huang said of active and promised data center projects. "And so the AI bubble is, comes about because the investments are large. And the investments are large, because we have to build the infrastructure necessary for all of the layers of AI above it."
It’s something we’re sinking money into soley because we’ve already been sinking money into it, and we don’t want anyone else to get ahead of us even though literally no one has found a way to monetize it enough to make back prior investments let alone new investments…
Like, he knows that’s literally the definition of an economic bubble, right?
Is he just trying to grift dumb rich investors, or does he legitimately not understand his company could go bankrupt literally at any moment if the investor class ever comes back to reality?
Sunken cost fallacy. These ceos are nothing more than addicts.
Don’t get me wrong, I totally agree These motherfuckers would scorch our planet for profit but this… feels different.
Is not a secret a lot of the most influential Billionaires are transhumanists (Elon Musk, Peter Thiel, etc).
But hey, it might as well be a grift to get on board other unsuspecting rich fucks…
Either way, we should put these power hoarding dragons to sleep, soon!
It’s his fiduciary duty to lie to everyone.
That’s how capitalism works, and the fact that the people who have steeped their entire lives in that game don’t see through it is… sad, to say the least…
Filthy rich liars that got filthy rich by lying and stealing are once again lying to protect their disgusting wealth. Who could‘ve seen this coming?
We banish you from this plane of reality, AI bubble!
waves wand
Begone evil beast!
AI casts government intervention at a level 5.
Dm: I fucking hate this new ruleset.
The “damage control” they’re doing clearly isn’t working that well, eh?
“Not a bubble” isn’t for us it’s for investors that are starting to wake up. He’s just trying to keep them asleep
Does he ever wash those clothes?
He just buys new ones every three days
three
dayshours
They’re Stanzo’s, the smell means they’re quality…
They’re nice
What they say about it means nothing. Why would they say anything else?
