LANoftheDead
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
lechekaflan@lemmy.world to Fuck AI@lemmy.worldEnglish · 19 days ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

futurism.com

external-link
message-square
34
link
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
  • [email protected]
221
external-link

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

futurism.com

lechekaflan@lemmy.world to Fuck AI@lemmy.worldEnglish · 19 days ago
message-square
34
link
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
  • [email protected]
AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents
futurism.com
external-link
It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.
  • ParlimentOfDoom@piefed.zip
    link
    fedilink
    English
    arrow-up
    19
    ·
    19 days ago

    Those folks keep getting more and more options too be fleeced by. There’s only so much to go around to keep the bubble inflated

    • Sergio@piefed.social
      link
      fedilink
      English
      arrow-up
      13
      ·
      19 days ago

      I knew they were desperate once I saw them try to fleece professional mathematicians.

      • group_hug@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        11
        arrow-down
        1
        ·
        19 days ago

        Burned $30 million in processing power to earn a $1 million math prize.

        https://podcasts.apple.com/us/podcast/math-vs-machine/id152249110?i=1000794039469

        https://www.bbc.com/news/articles/cy7zygy3rl2o

        AI is very efficient at burning money it seems.

    • Dryad@lemmy.world
      link
      fedilink
      arrow-up
      9
      ·
      19 days ago

      Not to mention the free, open source models you can run even on older phones that are plenty good enough for most use cases and don’t hoover up morbid amounts of personal data to later leak. Those aren’t very profitable for any of the big companies. Oh well.

Fuck AI@lemmy.world

fuck_ai@lemmy.world

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

“We did it, Patrick! We made a technological breakthrough!”

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as “AI” meant to increase market valuations.

Rules:

  • Relevant posts only.
  • No bigotry.
  • This isn’t a place to talk about the cons and (supposed) pros of AI for different use cases. This is /c/fuck_ai .
  • Especially no AI advocacy.
  • Don’t make any posts that are just AI content with no context unless the point of your post is obvious from content. (Don’t just post slop advertisements or slop political cartoons. At least make your point about it clear so we know you aren’t just trolling.)
  • Venting is part of the purpose of this community, but don’t aim frustration or accusations at other users.
  • These rules are a living document that may change in the future.
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 2.76K users / day
  • 4.93K users / week
  • 9.36K users / month
  • 17.2K users / 6 months
  • 1 local subscriber
  • 8.58K subscribers
  • 4.28K Posts
  • 75.8K Comments
  • Modlog
  • mods:
  • Proud Cascadian@lemmy.world
  • MrMcGasion@lemmy.world
  • TootSweet@lemmy.world
  • BigMikeInAustin@lemmy.world
  • cynar@lemmy.world
  • drmeanfeel@lemmy.world
  • pavnilschanda@lemmy.world
  • CriticalMedicine@lemmy.world
  • WonderfulWanderer@lemmy.world
  • Communist@lemmy.ml
  • eatCasserole@lemmy.world
  • SpaceNoodle@lemmy.world
  • NutWrench@lemmy.world
  • Soup@lemmy.cafe
  • Avicenna@lemmy.world
  • Tinks@lemmy.world
  • wizblizz@lemmy.world
  • corus_kt@lemmy.world
  • Prandom_returns@lemm.eedeleted by creator
  • TrickDacy@lemmy.world
  • TheFriar@lemm.ee
  • Queen HawlSera@lemm.ee
  • andrew_bidlaw@sh.itjust.works
  • MeDuViNoX@sh.itjust.works
  • 33550336@lemmy.world
  • Nougat@fedia.io
  • Lost_My_Mind@lemmy.world
  • The D Quuuuuill@slrpnk.net
  • scratsearcher 🔍🔮📊🎲@sopuli.xyz
  • Sonnenblume@discuss.tchncs.de
  • ThefuzzyFurryComrade@pawb.social
  • BE: 0.19.18
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org