• moustachio@lemmy.world
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      12 days ago

      Better start preparing to grind the economy to a halt when they try it. This time any occupy Wall Street movements should be heavily armed and wearing plate carriers

  • arc99@lemmy.world
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    11 days ago

    I will happy when this bubble bursts. OpenAI, Grok and several other companies offer nothing substantive and if they’re burning cash and disrupting economies then just die already.

  • Treczoks@lemmy.world
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    12 days ago

    It will be a race which AI company holds out longest. All of them are making losses that no company can survive, and if they rise their prices enough to cover the costs, they will basically lose all their customers. Who will then struggle to hire the people back who still know how to do things without AI.

    • Auli@lemmy.ca
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      12 days ago

      Then Google wins? Since they have the ad business sonar least they are making some money.

    • sobchak@programming.dev
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      12 days ago

      I think they could significantly lower their costs if they turn their focus away from the race to “AGI.” But, their valuations don’t really make sense unless investors believe they will achieve AGI.

      • Treczoks@lemmy.world
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        11 days ago

        I was there when the “Neural Networks” idea started. They thought they could program NNs to achieve AGI. Now they think they can do it with LLMs. But LLMs are just parrots with a large dictionary. They won’t reach that point, either. An LLM is way too much rooted in words to be able to think.

  • NostraDavid@programming.dev
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    11 days ago

    Lemmy, this is the fourth year in a row that “OpenAI bankrupts soon” articles are being posted:

    Year Article Explicit bankruptcy claim
    2023 Business Today — “OpenAI might go bankrupt by end of 2024”, August 12, 2023 OpenAI could go bankrupt by the end of 2024 because of ChatGPT’s high operating costs, mounting losses and dependence on continued Microsoft funding.
    2024 ITPro — “OpenAI could go bankrupt in 12 months if it doesn’t raise some serious cash”, August 7, 2024 OpenAI could go bankrupt within twelve months unless it secured substantial additional financing.
    2025 Braden Kelley — “Is OpenAI About to Go Bankrupt?”, December 4, 2025 The article explicitly asks whether OpenAI is “on the brink of bankruptcy” and argues that its spending and business model may be financially unsustainable.
    2026 Windows Central — “OpenAI might torch $14 billion in 2026, hitting bankruptcy by next year”, January 20, 2026 OpenAI could burn through approximately $14 billion during 2026 and face bankruptcy by mid-2027.

    OpenAI isn’t going anywhere.

    • Brkdncr@lemmy.world
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      10 days ago

      Because they really should be failing. These companies are leveraging against themselves and getting propped up by the government.

      They will get bailed out just like 2008 to avoid a cataclysmic global financial meltdown. I won’t be surprised if other countries chip in to bail them out.

        • pingveno@lemmy.world
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          10 days ago

          To be fair, the Linux Desktop use to have virtual no market share. Now it is close to 5%. Linux used to be absolutely painful to run as a desktop environment. Now, there are some rough edges, but it works pretty well.

    • chiliedogg@lemmy.world
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      12 days ago

      That’s how they’ve been operating for years. They’ll go public soon enough though, so your 401k will take the hit instead of the parasites on top.

      That’s what the SpaceX IPO was about. They were listed on the NASDAQ way earlier than companies are normally allowed to be so the assholes up top could raid your retirement fund despite there being no path to profitability.

      • moustachio@lemmy.world
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        12 days ago

        I can’t fathom how people actually contribute to a 401k when it’s run by Wall Street ghouls that stole everyone’s money 20 years ago and never suffered any consequences for it…

        • baggachipz@sh.itjust.works
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          12 days ago

          Because that’s the game. If you don’t play it, they continue to make more and more, while your money decreases in value due to inflation. Best you can do is try to be the bird in the rhino’s back, picking up fleas and scraps.

  • anon_8675309@lemmy.world
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    12 days ago

    That long? Sigh…

    He’ll probably tell Trump he’ll help win the election and get all sorts of tax payer handouts.

  • muusemuuse@sh.itjust.works
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    12 days ago

    Doesn’t matter. The regime got what they wanted out of this. The data centers are up, the tech is there, they will just snap it up cheap for use in surveillance and fabricating evidence of dissenters.

  • Corkyskog@sh.itjust.works
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    12 days ago

    Q3 2027 is when the house of cards falls. I have been saying this since 2025 and I will continue to make this prediction based off of loan and investment terms.

    • brucethemoose@lemmy.world
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      12 days ago

      I agree with this.

      That lines up on the technical side, too, with how LLM “intelligence” is plateauing, cost of cheaper models is decreasing, where open weights are going and such. Q3 2027 seems about when an OpenAI coding subscription makes no sense.


      That being said, I’d be wary of the “Facebook effect.”

      Once a service gains a huge foothold, it can deteriorate for a long time without going away. Especially with regulatory capture. And for many smartphone users, OpenAI is the only AI they know.

      • Jaysyn@lemmy.world
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        11 days ago

        The difference here is OpenAI has no revenue, Facebook has plenty of advertising revenue.

        • hark@lemmy.world
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          11 days ago

          That’s where advertising through AI comes in. People relying on AI suffer from cognitive deterioration which is the perfect opportunity to sneak in advertisements disguised as suggestions through AI responses.

  • HugeNerd@lemmy.ca
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    12 days ago

    Can’t be soon enough. The amount of AI sludge videos out there where I can’t even tell anymore.

      • HugeNerd@lemmy.ca
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        12 days ago

        There must be many others. The amount of videos depicting things I’ve NEVER seen before pawned off as real is disconcerting. A dog bouncing a 3 foot exercise ball on his nose in a backyard? Yeah, that really happened.