Now you can keep track of how many billions the AI companies are losing on AI.
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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/
@MikeElgan
That Meta income rounding down to zero is the funniest. The company that's running its flagship website into the ground and spent billions on a VR 'verse that they canned after a month can't make income from AI? I am Jack's complete lack of surprise. -
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/
@MikeElgan Hmm I wonder who's benefiting from all this wasteful bullshit
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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/
@MikeElgan I first thought: bizarre, 1400 spent and 600 revenue, but the graphs say it's way less than half. Then I saw the winer at the bottom: NVIDIA. They have all the revenue.
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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/
@MikeElgan
Apart from NVidia, these sums would be a massive economical booster program, if the money went into real world businesses. -
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/
这网站挺直观的，红绿对比一看就知道烧钱有多猛。AI搞到现在到底能不能赚钱，感觉还早得很啊。
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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/
@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! -
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/
@MikeElgan as Putin would say: "It is not a fall it is a negative growth"
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@MikeElgan as Putin would say: "It is not a fall it is a negative growth"
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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/
@MikeElgan Funny how OpenAI in this context looks almost profitable yet it's often predicted to go down first
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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/
@MikeElgan that's a great visualisation. So #Nvidia is the only company shown that is profiting. I wonder which other sectors or companies are raking it in. I was thinking cloud, but look at Amazon. Surely some are profiting? And
to see where the funding is coming from.Also, I hope he'll add a time based graph so we can watch the trend, but this is awesome.
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@MikeElgan I first thought: bizarre, 1400 spent and 600 revenue, but the graphs say it's way less than half. Then I saw the winer at the bottom: NVIDIA. They have all the revenue.
@assimilateborg @MikeElgan Well... maybe. NVIDIA seems to be lending money to the frontier corporations in order to buy its own hardware, creating circular spending that inflates its stock price.
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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/
@MikeElgan Can we get NVidia and Micron in there for a bit of balance please ?
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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/
Imagine all that money being spent on healthcare, education, housing, infrastructure, sustainable energy and poverty?
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@MikeElgan So Nvidia's making a killing...?!
@dancingtreefrog @MikeElgan
Nvidia is selling the rest of the companies graphics cards to do AIits making a killing off people wasting money
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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/
@MikeElgan I was wondering how on earth they got to >600B revenue in total until I scrolled down far enough to see NVIDIA 🤪
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@MikeElgan Can we get NVidia and Micron in there for a bit of balance please ?
@hatter @MikeElgan nvidia is there on the page, just not on the screenshot
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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/
@MikeElgan it's so funny how the one company making money is the one selling shovels -
That's one aspect - #AI as a fossil fuel support industry.
Secondly, killing off the free information web, journalism, art, creativity for good - that's worth the initial losses.@sebastian @PaulaToThePeople @MikeElgan
The funny thing is that they utterly depend on those industries for content to train their lying machines, so its a bit hard to see a future for those machines -
@hatter @MikeElgan nvidia is there on the page, just not on the screenshot
@Wortex17 Ah so it is - nice contrast.
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@sebastian @PaulaToThePeople @MikeElgan
The funny thing is that they utterly depend on those industries for content to train their lying machines, so its a bit hard to see a future for those machines@julesbl @PaulaToThePeople @MikeElgan
Yes, that might become interesting ... Snake choking on its own tail ... Or rather its own excrements.
Perhaps new models of monetization? Content sweatshops (well, we kinda have those already)?
The degradation already shows ... The web drowning in its own slop.
