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  3. Now you can keep track of how many billions the AI companies are losing on AI.

Now you can keep track of how many billions the AI companies are losing on AI.

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machinesociety
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  • sebastian@norrebro.spaceS sebastian@norrebro.space

    @KennedyRichard @cohentheblue @julesbl @PaulaToThePeople @MikeElgan

    These content creators might not even see the spikes anymore, though, let alone be rewarded for them.
    Everything they d see is crawlers.
    Their content would be presented, and capitalized on, by those who run the centralized gateways.

    kennedyrichard@fosstodon.orgK This user is from outside of this forum
    kennedyrichard@fosstodon.orgK This user is from outside of this forum
    kennedyrichard@fosstodon.org
    wrote sidst redigeret af
    #81

    @sebastian @cohentheblue @julesbl @PaulaToThePeople @MikeElgan At the very least we should encourage individuals to have their own domains and publish their own content. There's no need for fancy websites, either. Simple text-based websites with meaningful content are the last holdout of a useful internet.

    cohentheblue@ohai.socialC 1 Reply Last reply
    0
    • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

      Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

      #MachineSociety

      jeffmcneill@hachyderm.ioJ This user is from outside of this forum
      jeffmcneill@hachyderm.ioJ This user is from outside of this forum
      jeffmcneill@hachyderm.io
      wrote sidst redigeret af
      #82

      @MikeElgan where are the Chinese AI? Deepseek, Alibaba, Moonshot, Zhipu, High-Flyer, etc.

      1 Reply Last reply
      0
      • kennedyrichard@fosstodon.orgK kennedyrichard@fosstodon.org

        @sebastian @julesbl @PaulaToThePeople @MikeElgan Can't personal websites help with that?

        Genuinely asking, not trying to be a smartass. I know the outlook isn't good, just thought that people should do their part individually as well.

        I know creating and maintaining content isn't easy, nor cheap. But perhaps what the internet lacks is more people making simpler websites with real content. An interconnected yet decentralized/independent web of real content, like we had in the past.

        derderwish@social.chaotikum.orgD This user is from outside of this forum
        derderwish@social.chaotikum.orgD This user is from outside of this forum
        derderwish@social.chaotikum.org
        wrote sidst redigeret af
        #83

        @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
        One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

        https://mastodon.social/@jwz/116608267656820166

        kennedyrichard@fosstodon.orgK 3 Replies Last reply
        0
        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

          #MachineSociety

          paul@oldfriends.liveP This user is from outside of this forum
          paul@oldfriends.liveP This user is from outside of this forum
          paul@oldfriends.live
          wrote sidst redigeret af
          #84

          @MikeElgan Should Nvidia even be on the list considering their AI profits, if I am not mistaken, is because of the datacenter infrastructure buildup and not actually doing "AI" tasks like the other companies bank, or not banking any yet, on..

          1 Reply Last reply
          0
          • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

            Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

            #MachineSociety

            L This user is from outside of this forum
            L This user is from outside of this forum
            luigilungo@mastodon.social
            wrote sidst redigeret af
            #85

            @MikeElgan 😂 it’s funny but at the same time not funny with all the energy burn for literally nothing…

            1 Reply Last reply
            0
            • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

              @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
              One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

              https://mastodon.social/@jwz/116608267656820166

              kennedyrichard@fosstodon.orgK This user is from outside of this forum
              kennedyrichard@fosstodon.orgK This user is from outside of this forum
              kennedyrichard@fosstodon.org
              wrote sidst redigeret af
              #86

              @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan But I'm not presenting the need to create and publish content as a solution. I'm presenting it as a necessary measure to ensure content exists if we ever find a solution. If we stop creating content, there will be no content when or if the actual problem ever go away.

              1 Reply Last reply
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              • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

                @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
                One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

                https://mastodon.social/@jwz/116608267656820166

                kennedyrichard@fosstodon.orgK This user is from outside of this forum
                kennedyrichard@fosstodon.orgK This user is from outside of this forum
                kennedyrichard@fosstodon.org
                wrote sidst redigeret af
                #87

                @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan I mean, there has to be some way to deal with those attacks, right? First of all, small creators aren't targeted by that, right? Also, I thought dealing with that was the job of the hosting providers, is it not?

                derderwish@social.chaotikum.orgD 1 Reply Last reply
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                • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                  Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                  #MachineSociety

                  ctandgleads@mastodon.socialC This user is from outside of this forum
                  ctandgleads@mastodon.socialC This user is from outside of this forum
                  ctandgleads@mastodon.social
                  wrote sidst redigeret af
                  #88

                  @MikeElgan This is needed

                  1 Reply Last reply
                  0
                  • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                    Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                    #MachineSociety

                    vampgun@mastodon.socialV This user is from outside of this forum
                    vampgun@mastodon.socialV This user is from outside of this forum
                    vampgun@mastodon.social
                    wrote sidst redigeret af
                    #89

                    @MikeElgan everyone is broke except nvidia apparently

                    T 1 Reply Last reply
                    0
                    • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

                      @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
                      One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

                      https://mastodon.social/@jwz/116608267656820166

                      kennedyrichard@fosstodon.orgK This user is from outside of this forum
                      kennedyrichard@fosstodon.orgK This user is from outside of this forum
                      kennedyrichard@fosstodon.org
                      wrote sidst redigeret af
                      #90

                      @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan Also, these businesses providing AI are finally having to justify their non-profitability and AI is finally starting to get expensive. I can't see how these attacks can keep going in a sustainable way, right? Who will cover those costs, with which money? It seems to me AI already started the process of getting to the tail end of the Gartner Hype Cycle chart. And it can't get there fast enough.

                      derderwish@social.chaotikum.orgD 1 Reply Last reply
                      0
                      • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                        Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                        #MachineSociety

                        independentpen@mas.toI This user is from outside of this forum
                        independentpen@mas.toI This user is from outside of this forum
                        independentpen@mas.to
                        wrote sidst redigeret af
                        #91

                        @MikeElgan now do how many jobs they're generating

                        1 Reply Last reply
                        0
                        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                          #MachineSociety

                          h4heights@mstdn.socialH This user is from outside of this forum
                          h4heights@mstdn.socialH This user is from outside of this forum
                          h4heights@mstdn.social
                          wrote sidst redigeret af
                          #92

                          @MikeElgan
                          The kicker will be when enough business’s and government are hooked on the AI kool-aid, the prices will go up even higher than the energy bills we already have to pay to keep the dystopia running.

                          Estamos bien jodidos, seems apposite.

                          1 Reply Last reply
                          0
                          • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                            Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                            #MachineSociety

                            sassinake@mastodon.socialS This user is from outside of this forum
                            sassinake@mastodon.socialS This user is from outside of this forum
                            sassinake@mastodon.social
                            wrote sidst redigeret af
                            #93

                            @MikeElgan

                            Money being what it is - an illusion controlled by the banks -

                            It is used to buy power over the quality of life of a certain group.

                            it does not matter how much 'money' ai is wasting: it is merely buying that inescapable power over other humans.

                            Power to starve, kill, maim, rape, enslave.

                            Slavers will pay ANY price to have that power.

                            1 Reply Last reply
                            0
                            • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                              Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                              #MachineSociety

                              freevolt24@mastodon.socialF This user is from outside of this forum
                              freevolt24@mastodon.socialF This user is from outside of this forum
                              freevolt24@mastodon.social
                              wrote sidst redigeret af
                              #94

                              @MikeElgan Amazon lost the money that I (probably) won't be able to collect in my entire life within seconds. Good.

                              1 Reply Last reply
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                              • nick_appleyard@mastodonapp.ukN nick_appleyard@mastodonapp.uk

                                @MikeElgan
                                No, surely that can’t be right. Because the #SpaceX S-1 filing says the market for xAI applications is $22700 billion. And that’s gospel!

                                pier@infosec.exchangeP This user is from outside of this forum
                                pier@infosec.exchangeP This user is from outside of this forum
                                pier@infosec.exchange
                                wrote sidst redigeret af
                                #95

                                @nick_appleyard @MikeElgan I love how their “Enterprise Applications” are going to capture roughly 400% of the total worldwide IT spend. Can we please make fraud illegal again?

                                1 Reply Last reply
                                0
                                • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                  Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                  #MachineSociety

                                  jbaggs@infosec.exchangeJ This user is from outside of this forum
                                  jbaggs@infosec.exchangeJ This user is from outside of this forum
                                  jbaggs@infosec.exchange
                                  wrote sidst redigeret af
                                  #96

                                  @MikeElgan "Losing", or just moving around?

                                  1 Reply Last reply
                                  0
                                  • only_ohm@mas.toO only_ohm@mas.to

                                    @MikeElgan And yet there's no sign of the shareholders suing the directors for failing in their fiduciary duties, which I presume means the shareholders are bent as nine bob notes too.

                                    bookandswordblog@scholar.socialB This user is from outside of this forum
                                    bookandswordblog@scholar.socialB This user is from outside of this forum
                                    bookandswordblog@scholar.social
                                    wrote sidst redigeret af
                                    #97

                                    @only_ohm @MikeElgan big tech does not operate like a real business ruled by P&L, but more like an ancient prince who funds an alchemist and a theatre troupe out of the money his underlings extract (smaller VC tech operates like P.T. Barnum if his hicks were very rich men in California) https://www.bookandsword.com/resources/the-political-economy-of-american-tech-companies-since-2008/

                                    1 Reply Last reply
                                    0
                                    • dckim@mastodon.socialD dckim@mastodon.social

                                      @MikeElgan I don't think that those companies would spend so much money, with such little short term return if it did not make sense to do it.

                                      What do you think will be the longer term return? Is this a combined competitive loss? Are they each compelled to do this? It seems like a lot but, are any of these companies going broke on this?

                                      What is the end-game here?

                                      N This user is from outside of this forum
                                      N This user is from outside of this forum
                                      namedbird@noc.social
                                      wrote sidst redigeret af
                                      #98

                                      @dckim @MikeElgan Look up what MSB and CDO's are and then what happened in 2007. People and companies make financial decisions and not all of them will be good. Only time will tell whether AI was a good investment or not.

                                      dckim@mastodon.socialD 1 Reply Last reply
                                      0
                                      • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                        Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                        #MachineSociety

                                        yacc143@mastodon.socialY This user is from outside of this forum
                                        yacc143@mastodon.socialY This user is from outside of this forum
                                        yacc143@mastodon.social
                                        wrote sidst redigeret af
                                        #99

                                        @MikeElgan And exactly how many trillion valuation did they add to the their Big Tech sugar daddies?

                                        Let's be honest, last time I checked that was some time ago, alone the difference in MSFT valuation between "growth" and "mature" company P/E was over 2 trillion USD.

                                        That makes the burnt capex look like good PR costs, wouldn't you agree?

                                        yacc143@mastodon.socialY 1 Reply Last reply
                                        0
                                        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                          #MachineSociety

                                          fabiscafe@mstdn.socialF This user is from outside of this forum
                                          fabiscafe@mstdn.socialF This user is from outside of this forum
                                          fabiscafe@mstdn.social
                                          wrote sidst redigeret af
                                          #100

                                          @MikeElgan so in short - everyone loses but nvidia?

                                          1 Reply Last reply
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