AI company hijacks your processes, trade secrets, and market to offer the same thing for cheaper than you can. Raises rates for competitors to cover its own token use and simultaneously drive the others out of business.
It’s particularly funny because I’m pretty sure AI companies are still selling the service below cost to try to retain market share (and drive small competitors out of business). They just aren’t taking quite as big a loss on every token with the increased prices.
Yeah. It certainly pays off sometimes. Amazon did it. It just, y’know, also crashes and burns sometimes, and I’m not sanguine about the way this is shifting its investment money from venture capitalists to, y’know, passive index fund investors.
They see people have gone to new companies thatre private unionized and value customers/employees/etc replacing them as they had done with their employees
The company asks for them to come back to be laughed at as the people watch for them to slowly sink and be replaced with many better alternatives to take their place
That is happening right now and we all can make it happen faster
It’s particularly funny because I’m pretty sure AI companies are still selling the service below cost to try to retain market share (and drive small competitors out of business). They just aren’t taking quite as big a loss on every token with the increased prices.
Pretty much the model for so many internet services or streaming services.
Yeah. It certainly pays off sometimes. Amazon did it. It just, y’know, also crashes and burns sometimes, and I’m not sanguine about the way this is shifting its investment money from venture capitalists to, y’know, passive index fund investors.
Yeah it’s basically the enshitification model
With the quirk that the service was shit to begin with.
Maybe but it’s like crack for CEOs
It’s just newsworthy when it happens to companies.
It’s such a perfect grift