posted in Technology
AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.
futurism.com/future-society/ai-financial-bubble-openai-billions-failure
Replying to @eicker@lemmy.world
WeWork was declared a failure when it lost 6 billion in a year. OpenAI is net negative 17 billion a year…
Replying to @Akh@lemmy.world
There is quite a difference from an investor standpoint in a product that replaces all human labor vs coworking space.
Replying to @darvocet@infosec.pub
I still have yet to see it adequately replace any human labor
Replying to @PattyMcB@lemmy.world
Then you haven’t been using the right models or trying.
Replying to @darvocet@infosec.pub
Let’s say for a moment that AI really is as capable as AI bros want you to believe it is. Having used some AI models at my work (network engineer), I’m not so convinced, but I’ll put that aside for a moment.
The pinch of the AI vise is going to be the cost. All the AI companies are running at loss to try and capture the market, and they’ll need to charge a lot more for access to AI once a winner is determined.
Are you willing to pay 10x what you pay right now for access to an AI agent? Because that’s looking like what they’ll have to do in order to turn these companies profitable.
Replying to @BluescreenOfDeath@lemmy.world
I pay zero, not even electricity because it’s being generated in this building, for my agent. It’s running entirely on my computer and it’s decent enough. The LLM subscription companies are eventually going to fail because everyone and their dog is going to be able to run their own models.
Replying to @ennof@feddit.org
Not of they can’t buy computers any more.
I’m wondering if we’ll get a rise in old school tech due to high cost of ram, CPUs and gpus.
Windows will struggle if that’s the case.Linux will be fine.