Comment on At Davos, NVIDIA, Microsoft CEOs deny AI bubble
panda_abyss@lemmy.ca 13 hours ago
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. 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.
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.
And how. Making coders slightly more efficient really just isn’t worth this much. There’s also going to be hell to pay when software created by all of the vibe-coding is found to be full of security holes.
If it’s this useful, we’re (and they) are 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.
I’m struggling to find a scenario in which we are not already fucked. I say we “go for broke” and move on.
Yep, pop the bubble and watch these companies deflate instantly. Won’t bother me, my fortune isn’t tied up in bullshit because I believed my own propaganda. Maybe some of those psychopaths will solve their instant financial problems the old fashioned way, from the 100th floor.
Shit! Don’t threaten me with a good time!
pipi1234@lemmy.world 9 hours ago
My guess is they are using the Netflix playbook al over again.
Get you hocked to the extreme convenience, much like a drug addict, and then pump up the price of 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.Tanoh@lemmy.world 40 minutes ago
There is a big difference between “normal” SaaS and LLM.
In a normal SaaS you get a lot of benefit of being at scale. Going from 1000 to 10000 users is not that much harder than going from 10000 to 1000000. Once you have your scaling set up you can just add more servers and/or data centers. But most importantly, the cost per user goes waaay down.
With AI it just doesn’t scale at all, the 500000th user will most likely cost as much as the 5th. So doing a netflix/spotify/etc, I don’t think is going to work unless they can somehow make it a lot cheaper per user. OpenAI fails to turn a profit even on their most expensive tiers.
Postimo@lemmy.zip 6 hours ago
“Sure I found that document you needed, and with it, I also found this great new game I know you’ll love. Raid: Shadow Legends, It’s a free to pla…”
I cannot wait for companies spending 300 dollars per user per month for this convenience.
Jax@sh.itjust.works 6 hours ago
I think the word you’re looking for the is surreptitiously
pipi1234@lemmy.world 5 hours ago
Thank you kind person, I just fixed it!