I assume they’ll do the same as the auto industry and banks and get huge government bailouts once investors start demanding returns. That way all us taxpayers can make sure the scammers at the top don’t have to spend one second worrying about giving up their lavish lifestyles.
kescusay@lemmy.world 12 hours ago
The AI boom
They misspelled “bubble.” None of the AI providers have a path towards profitability.
Deconceptualist@leminal.space 11 hours ago
TexasDrunk@lemmy.world 9 hours ago
I mean we’re (we as in local taxpayers, not me personally in this case) already paying for the infrastructure they use in increased bills. We’re paying for their tax holidays while they’re talking about all the new jobs they’ll bring (lots of short term construction, 25-50 long term employees once the tax holiday runs out, so very little money in the local economy). We (all of us) are paying the price for the mothballed coal plants that are coming back online to support them. We are paying for federal government contracts on them.
It’s corporate welfare all the way down.
axh@lemmy.world 11 hours ago
Profitability went out of fashion. Control and power is a new trend. Big tech controls 95% (if not more) of all information sources. Even if they don’t own newspapers, they can make them more or less visible at will. Google tried to monetize it with ads everywhere but that is the old way of thinking.
Cambridge analytica showed that by controlling the information, you can select who makes the laws.
Musk bought Twitter without any chance for a reasonable return on investment. Guess why?
The “old tech” (Google, Facebook, Twitter, TikTok) controls what you know. But AI goes a step further. It controls what you think about things. It can explain why, what you thought was outrageous, is perfectly normal, or vice versa. It’s your own personalised propaganda machine. Once enough people are hooked and get used to using AI, the enshitification phase will begin and the AI will become more and more opinionated. And most people won’t notice… Some will, but they don’t need to influence everyone.
Strider@lemmy.world 4 hours ago
Or hype.
ChicoSuave@lemmy.world 9 hours ago
Classic capitalist trap. AI is a service that was never meant to be profitable. AI is bringing tech bros into socialism.
xep@discuss.online 1 hour ago
They only want to socialize the costs and negative externalities.
Grandwolf319@sh.itjust.works 11 hours ago
While I agree with you, is there anyway to know how much an average prompt (let’s say a coding question that used to be a quick google search) costs?
I really want to ask people, would you pay X per prompt?
Cause most people “love” AI cause it costs very little
kurwa@lemmy.world 11 hours ago
People measure the water usage so why not.
greyscale@lemmy.sdf.org 12 hours ago
None of the AI providers have customers. They’re all selling to OpenAI.