Now you can keep track of how many billions the AI companies are losing on AI.
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@KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
Friends with statically generated websites are unnecessary often crawled by these systems.
They ignore established standards like robots.txt and try to avoid any kind of regulation.
They try to force their way to get these information with the same shitty behavior they try to force the LLM shit into each piece of software. -
@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.
@KennedyRichard
Web crawler should have been a solved problem. But anyhow they decided to hack it themselves, in shitty…
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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 top 4 prove lack of ability to make anything worthwhile ..will not take long for disaster to occur ...
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@KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan planting a tree in your backyard makes your backyard nice but does not help with mass deforestation
@vicash @KennedyRichard @julesbl @PaulaToThePeople @MikeElgan
i am not saying that we should stop writing and creating, preferably on self-hosted or otherwise independent sites, off the corporate platforms.
been doing that for 25+ yrsbut we have to be aware that
1/ this does not address monetization - how does a creator survive?
2/ the vast majority of users will use monopoly search engines to find our content and thus land in the AI fangs of those monopoly players.see "trees in backyards"
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@vicash @KennedyRichard @julesbl @PaulaToThePeople @MikeElgan
i am not saying that we should stop writing and creating, preferably on self-hosted or otherwise independent sites, off the corporate platforms.
been doing that for 25+ yrsbut we have to be aware that
1/ this does not address monetization - how does a creator survive?
2/ the vast majority of users will use monopoly search engines to find our content and thus land in the AI fangs of those monopoly players.see "trees in backyards"
@vicash @KennedyRichard @julesbl @PaulaToThePeople @MikeElgan
how do readers find content?
"As of January 2022, Google is by far the world's most used search engine, with a market share of 90%, and the world's other most used search engines were Bing at 4%, Yandex at 2%, Yahoo! at 1%. Other search engines not listed have less than a 3% market share"
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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 like how literally everyone's broke except NVidia
This is so stark lmao
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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 hii
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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 definitely looks sustainable
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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 hii
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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 This even seems to be a favourable framing of the numbers... the circular financing is mentioned, but, from the numbers, OpenAI looks like it's almost making some money....
Until you remember that microsoft has been subsidizing the hell out of them, so a lot of their costs are probably hidden in the microsoft spend bar, rather than their own... -
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 its like that time i spend time learning how to drive a car. My instructor made me drive in circles ending my tour where i started. Valuable time i could have spent walking and cycling and actually getting somewhere. Not to mention the costs per hour.
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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 this is insane, how are they eating all these losses?!
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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 Looking at the whole chart, #Nvidia is at the bottom, and is the only one making any money, and it's making buckets of money.
"When there's a gold rush, sell shovels."
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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 Oh to be the guy selling the picks and shovels to these idiots.
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@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.
@KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan I have a web site. I don't pay for it, it's not on my personal domain but it's my site, easy to port elsewhere if needed. Jekyll generated static html based on markdown source. Link in my mastodon profile.
There's plenty of personal web sites out there with excellent content. I have read lots of it. Most of what is worth a read is similar generated static html with minimal design.
There are striking, simple, elegant designs.
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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
Disgusting amount of money.
And it's killing the entire PC industry. -
@MikeElgan I like how literally everyone's broke except NVidia
This is so stark lmao
@zkat @MikeElgan this list needs the memory companies
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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 This looks a bit distorted in places to make the argument. Unless you need material to fume about the AI industry, use better sources. The economic insanity is bad enough.
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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 So everyone is trying to figure out the scheme Nvidia has. Got it.
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@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?
@MikeElgan Or to put it differently, the graph is nice. Beside the aspect that the "spent capex" in most rows is "estimated," the primary issue is that it's a way to narrow perspective.
Let's skip the aspect that there are really useful uses for AI, but let's ignore them.
The whole AI hype (epicenter USA) is primarily a market manipulation. Market as in securities, but secondarily they are manipulating anything that is convenient.
E.g. the OpenAI LoI con job was not only a brilliant securities
