- cross-posted to:
- technology@lemmy.ml
- technology@lemmy.ml
- cross-posted to:
- technology@lemmy.ml
- technology@lemmy.ml
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We also don’t know the true cost of these tools since most AI service providers are still operating at a loss.
Not 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.
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.
This is true with most VC backed tech companies, not just AI
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!
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.
Nothing new
