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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

    foxontherun@mastodon.socialF This user is from outside of this forum
    foxontherun@mastodon.socialF This user is from outside of this forum
    foxontherun@mastodon.social
    wrote sidst redigeret af
    #19

    @MikeElgan For them it is ok as long as they can still fire people, makeing folks addicted, selling there Shit (their philosophie) for true to consumers, pretend that machines can be creative and emphatic. This is the biggest fake news industry ever.

    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

      rhodium103@mastodon.socialR This user is from outside of this forum
      rhodium103@mastodon.socialR This user is from outside of this forum
      rhodium103@mastodon.social
      wrote sidst redigeret af
      #20

      @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.

      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

        crystal@hachyderm.ioC This user is from outside of this forum
        crystal@hachyderm.ioC This user is from outside of this forum
        crystal@hachyderm.io
        wrote sidst redigeret af
        #21

        @MikeElgan Hmm I wonder who's benefiting from all this wasteful bullshit

        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

          assimilateborg@kind.socialA This user is from outside of this forum
          assimilateborg@kind.socialA This user is from outside of this forum
          assimilateborg@kind.social
          wrote sidst redigeret af
          #22

          @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.

          gordonmessmer@fosstodon.orgG 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

            himmelssohn@social.adlerhorst.netH This user is from outside of this forum
            himmelssohn@social.adlerhorst.netH This user is from outside of this forum
            himmelssohn@social.adlerhorst.net
            wrote sidst redigeret af
            #23

            @MikeElgan
            Apart from NVidia, these sums would be a massive economical booster program, if the money went into real world businesses.

            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

              zjb@mastodon.socialZ This user is from outside of this forum
              zjb@mastodon.socialZ This user is from outside of this forum
              zjb@mastodon.social
              wrote sidst redigeret af
              #24

              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。

              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

                nick_appleyard@mastodonapp.ukN This user is from outside of this forum
                nick_appleyard@mastodonapp.ukN This user is from outside of this forum
                nick_appleyard@mastodonapp.uk
                wrote sidst redigeret af
                #25

                @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 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

                  T This user is from outside of this forum
                  T This user is from outside of this forum
                  thefeditest@mastodon.social
                  wrote sidst redigeret af
                  #26

                  @MikeElgan as Putin would say: "It is not a fall it is a negative growth"

                  T 1 Reply Last reply
                  0
                  • T thefeditest@mastodon.social

                    @MikeElgan as Putin would say: "It is not a fall it is a negative growth"

                    T This user is from outside of this forum
                    T This user is from outside of this forum
                    thefeditest@mastodon.social
                    wrote sidst redigeret af
                    #27

                    @MikeElgan 🤣

                    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

                      T This user is from outside of this forum
                      T This user is from outside of this forum
                      turbulent@mastodon.social
                      wrote sidst redigeret af
                      #28

                      @MikeElgan Funny how OpenAI in this context looks almost profitable yet it's often predicted to go down first

                      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

                        happyborg@fosstodon.orgH This user is from outside of this forum
                        happyborg@fosstodon.orgH This user is from outside of this forum
                        happyborg@fosstodon.org
                        wrote sidst redigeret af
                        #29

                        @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.

                        gepasi@fediscience.orgG 1 Reply Last reply
                        0
                        • assimilateborg@kind.socialA assimilateborg@kind.social

                          @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.

                          gordonmessmer@fosstodon.orgG This user is from outside of this forum
                          gordonmessmer@fosstodon.orgG This user is from outside of this forum
                          gordonmessmer@fosstodon.org
                          wrote sidst redigeret af
                          #30

                          @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.

                          https://www.bloomberg.com/graphics/2026-ai-circular-deals/

                          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

                            hatter@metasocial.comH This user is from outside of this forum
                            hatter@metasocial.comH This user is from outside of this forum
                            hatter@metasocial.com
                            wrote sidst redigeret af
                            #31

                            @MikeElgan Can we get NVidia and Micron in there for a bit of balance please ?

                            wortex17@mastodon.gamedev.placeW 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

                              xs4me2@mastodon.socialX This user is from outside of this forum
                              xs4me2@mastodon.socialX This user is from outside of this forum
                              xs4me2@mastodon.social
                              wrote sidst redigeret af
                              #32

                              @MikeElgan

                              Imagine all that money being spent on healthcare, education, housing, infrastructure, sustainable energy and poverty?

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

                                @MikeElgan So Nvidia's making a killing...?!

                                normjess@tech.lgbtN This user is from outside of this forum
                                normjess@tech.lgbtN This user is from outside of this forum
                                normjess@tech.lgbt
                                wrote sidst redigeret af
                                #33

                                @dancingtreefrog @MikeElgan
                                Nvidia is selling the rest of the companies graphics cards to do AI

                                its making a killing off people wasting money

                                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

                                  finestructure@mastodon.socialF This user is from outside of this forum
                                  finestructure@mastodon.socialF This user is from outside of this forum
                                  finestructure@mastodon.social
                                  wrote sidst redigeret af
                                  #34

                                  @MikeElgan I was wondering how on earth they got to >600B revenue in total until I scrolled down far enough to see NVIDIA 🤪

                                  1 Reply Last reply
                                  0
                                  • hatter@metasocial.comH hatter@metasocial.com

                                    @MikeElgan Can we get NVidia and Micron in there for a bit of balance please ?

                                    wortex17@mastodon.gamedev.placeW This user is from outside of this forum
                                    wortex17@mastodon.gamedev.placeW This user is from outside of this forum
                                    wortex17@mastodon.gamedev.place
                                    wrote sidst redigeret af
                                    #35

                                    @hatter @MikeElgan nvidia is there on the page, just not on the screenshot

                                    hatter@metasocial.comH 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

                                      reiddragon@fedi.catto.gardenR This user is from outside of this forum
                                      reiddragon@fedi.catto.gardenR This user is from outside of this forum
                                      reiddragon@fedi.catto.garden
                                      wrote sidst redigeret af
                                      #36
                                      @MikeElgan it's so funny how the one company making money is the one selling shovels
                                      1 Reply Last reply
                                      0
                                      • sebastian@norrebro.spaceS sebastian@norrebro.space

                                        @PaulaToThePeople @MikeElgan

                                        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.

                                        julesbl@mastodon.me.ukJ This user is from outside of this forum
                                        julesbl@mastodon.me.ukJ This user is from outside of this forum
                                        julesbl@mastodon.me.uk
                                        wrote sidst redigeret af
                                        #37

                                        @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

                                        sebastian@norrebro.spaceS bob_zim@infosec.exchangeB 2 Replies Last reply
                                        0
                                        • wortex17@mastodon.gamedev.placeW wortex17@mastodon.gamedev.place

                                          @hatter @MikeElgan nvidia is there on the page, just not on the screenshot

                                          hatter@metasocial.comH This user is from outside of this forum
                                          hatter@metasocial.comH This user is from outside of this forum
                                          hatter@metasocial.com
                                          wrote sidst redigeret af
                                          #38

                                          @Wortex17 Ah so it is - nice contrast.

                                          1 Reply Last reply
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