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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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  • 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

    bronsen@chaos.socialB This user is from outside of this forum
    bronsen@chaos.socialB This user is from outside of this forum
    bronsen@chaos.social
    wrote sidst redigeret af
    #79

    @MikeElgan what even is money?

    1 Reply Last reply
    0
    • 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
      #80

      @sebastian @cohentheblue @julesbl @PaulaToThePeople @MikeElgan

      Yep. As I said, I don't have a solution. I just think we can't stop creating because of that. If we do, by the time we find a solution, there will be only slop.

      1 Reply Last reply
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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
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          • 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
                  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
                    #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
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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

                            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
                                  0
                                  • 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
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