this post was submitted on 16 Jul 2025
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Fuck AI
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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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One trillion. That's the amount of money that has been invested in AI.
Nah. 80% of it went to billionaires pockets, the rest of it buying power plants, funding ChatGPT wrappers, maybe less than 1% goes to researchers.
https://www.goldmansachs.com/insights/articles/will-the-1-trillion-of-generative-ai-investment-pay-off
Also, the article is a year old. It's VC investments mostly. So billionaires are fleecing billionaires.