Good News Everyone

The comment sections of these types of posts are always entertaining.

You have the "bubble" posters who learned of this word after 2008 and leap with excitement as they have successfully predicted the last 47 of 2 bubbles since 2008.

This article is such a nothing burger. No, it won't implode. No, it won't disappear into nothingness. It's a hyper growth tech company that have historically always operated on losses QoQ often with very thin cash runways until they are forced to become profitable. Then if they still are unable they will do what every other unprofitable tech company does

grim picture

the picture:

And the downsides?

Not soon enough.

AI isn't going to dissappear just like crypto, but god damn does this bubble need to implode.

Hardware market is so screwed that not even the ripoff listings on Ali express can keep up.

Why can’t they just ask ChatGPT how to make more money?

Let's hope it happens sooner. Same with all the other AI shit.

Sam Altman needs to be thrown in prison for fraud like Sam Bankman-Fried.

🤞

Run out faster

God I hope it just fucking collapses and pulls every other tech company down with them. I'm so fucking sick and tired of coworkers thinking ChatGPT is the most perfect thing that has ever been made. Every single fucking time I'm searching for something I'm asked "Why don't you just ask ChatGPT". They will not shut the fuck up, even when I show them ChatGPT is completely full of shit. Want it to write a simple 40 line script for Excel? Sure, just spend 30 minutes telling it, its code doesn't fucking work, because it's trying to use functions that don't excist. "You're totally right, and so clever for pointing that out! Here's an updated script that takes that into account", still doesn't fucking work.

And the cool part is that the USA stock market gains for the last couple years are based on OpenAI (and others) promising to buy stuff sometime in the future to build their data centres, which in turn spins into reinvestment in the company and a giant circlejerk.

He sees this as a temporary problem for AI providers, though, as agentic AI becomes more entrenched in daily people's lives, it'll become harder to switch, as the bots should eventually have all your shopping preferences, aspirations, and emotional profile mapped out —perhaps even better than yourself.

God what a dystopian sentence that is.

They will just resell all the RAM they just purchased at 5x the cost.

Are anthropic, perplexity or Gemini as a product making any money?

My conspiracy theory: The plan is to fail and sell the data centers to Microsoft for pennies on the dollar.

building my next pc late 2027 then

Wish it were sooner

Too long, these assholes are fucking up everything from the economy to medicine at great individual and societal cost.

I'm smart enough to know that when the bubble bursts it's going to mess with the world economy, apparently way worse than the 2008 recession, but I'm too stupid to understand why. I just hear people say things and it would be nice to see these assholes get wrecked for once and not just rake in some cash and dip in time while the rest of the world is left to pay the clean up bill for a party they were never invited to.

I mean, I watched the big short and the only thing I understood from that movie was that the bad guys won and everybody else lost. So I am sorta preparing for the worst here xD