Comment on MIT report: 95% of generative AI pilots at companies are failing
Thorry84@feddit.nl 2 days agoNot simply operating at a loss, absolutely dumping their prices giving away their products for almost nothing to gain market share. They are burning money at an impressive rate, just for some imaginary payoff in the future.
And, in doing so, they’ve set the market price at that value for the service they advertise, which is more than they deliver already.
When Ai enters the Valley of Discontent, the price it can set for what it actually offers will be even less than it is now.
The same was true for YouTube in the beginning, they operated at a loss, and when people were hooked on the service, they monetized it.
YouTube wasn’t created to make money, it was created to watch the wardrobe malfunction.
nah, it was invented to be able to watch a kid’s little brother bite his finger
It’s hard to imagine that gaining market share is even meaningful right now. There’s such a profusion of stuff out there. How much does it actually mean if someone is using your product today, I wonder?
So many companies are going to get burnt by it
I know people replacing basic tools with AI versions that are basically just running the simply tool and pretty printing the output
They’re only foing it because it’s basically free to run it through AI. That whois but with aI is going to be so expensive when these companies enshittif-AI
This is true with most VC backed tech companies
The dream is to destroy things like entry level professional jobs so they can add to the class divide.
altphoto@lemmy.today 2 days ago
A future where we don’t have jobs so the rich can make more money by selling us stuff? But I won’t have money to pay for stuff! Hmmm!
Zron@lemmy.world 2 days ago
All MBAs and CEOs are like puppies chasing their own tails.
They want the growth because number go up good. They’ll do anything for number go up. And when number go up, they get the good and then they need to focus on next number go up.
They have no long term plan other than number go up. For the next few quarters, they can slap AI on anything and number go up. What happens if AI takes all the non manual labor jobs? Or if it turns out AI is useless and they wasted billions on snake oil? They don’t know, cause they were thinking about number go up right now, not number go up later.
Our economy is a farce.
umbrella@lemmy.ml 1 day ago
and so goes the ouroboros of late stage capitalism
choco_crispies@lemmy.ml 2 days ago
It’s fine, because even though the CEO eventually drives the company into the ground in pursuit of indefinite growth over long-term stability, that accomplishment is no deterrent to getting hired at another company to do it again. The idea of companies with a long-term vision and plan that provides employees with stability and a career is dead.
SoftestSapphic@lemmy.world 2 days ago
The real reason is they want enough money pumped into AI so someone can automate fascism.
That’s seriously the plan
Fucking clown world