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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 This user is from outside of this forum
    mikeelgan@mastodon.socialM This user is from outside of this forum
    mikeelgan@mastodon.social
    wrote sidst redigeret af
    #1

    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

    paulatothepeople@climatejustice.socialP dancingtreefrog@mastodon.socialD n_dimension@infosec.exchangeN deepfryed@fosstodon.orgD A 98 Replies Last reply
    3
    0
    • jwcph@helvede.netJ jwcph@helvede.net shared this topic
    • 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

      paulatothepeople@climatejustice.socialP This user is from outside of this forum
      paulatothepeople@climatejustice.socialP This user is from outside of this forum
      paulatothepeople@climatejustice.social
      wrote sidst redigeret af
      #2

      @MikeElgan I'd love to see stats added on how much profit they create for the fossil industry and how much funding they get from the fossil industry.

      Because that's the AI buisness model. Without AI we'd have energy transition.

      PS: Also alt text would be nice for inclusivity (not AI written of course).

      sebastian@norrebro.spaceS pascal_dher@mstdn.dkP 2 Replies Last reply
      1
      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

        dancingtreefrog@mastodon.socialD This user is from outside of this forum
        dancingtreefrog@mastodon.socialD This user is from outside of this forum
        dancingtreefrog@mastodon.social
        wrote sidst redigeret af
        #3

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

        dzwiedziu@mastodon.socialD normjess@tech.lgbtN 2 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

          n_dimension@infosec.exchangeN This user is from outside of this forum
          n_dimension@infosec.exchangeN This user is from outside of this forum
          n_dimension@infosec.exchange
          wrote sidst redigeret af
          #4

          @MikeElgan

          The Internet was losing money for at least 20 years.

          sstrader@masto.aiS max@gruene.socialM jay_peper@chaos.socialJ 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

            deepfryed@fosstodon.orgD This user is from outside of this forum
            deepfryed@fosstodon.orgD This user is from outside of this forum
            deepfryed@fosstodon.org
            wrote sidst redigeret af
            #5

            @MikeElgan wait a sec, are you saying Elon might be the smarter one here ? 😂

            gbargoud@masto.nycG euneuber@graz.socialE 2 Replies Last reply
            0
            • n_dimension@infosec.exchangeN n_dimension@infosec.exchange

              @MikeElgan

              The Internet was losing money for at least 20 years.

              sstrader@masto.aiS This user is from outside of this forum
              sstrader@masto.aiS This user is from outside of this forum
              sstrader@masto.ai
              wrote sidst redigeret af
              #6

              @n_dimension @MikeElgan Yeah, I sold my stock in Internet too early. Right before leadership at Internet brought it around and started turning a profit.

              n_dimension@infosec.exchangeN 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

                A This user is from outside of this forum
                A This user is from outside of this forum
                azad@toot.community
                wrote sidst redigeret af
                #7

                @MikeElgan I don't doubt that they will get all that money back, by selling it to the public, business, or get all the public's money by selling it to the government.
                History has enough examples.

                jumpmed@mastodon.socialJ 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

                  oliver_schafeld@mastodon.onlineO This user is from outside of this forum
                  oliver_schafeld@mastodon.onlineO This user is from outside of this forum
                  oliver_schafeld@mastodon.online
                  wrote sidst redigeret af
                  #8

                  "Good Lord, where are they getting the money for this?"

                  And then you scroll up and that one single massive green bar…

                  🫨

                  https://isaiprofitable.com

                  If the difference between red and green bar is the multiplier one can expect for any AI service subscription these companies offer, ouch.

                  voline@kolektiva.socialV 1 Reply Last reply
                  0
                  • sstrader@masto.aiS sstrader@masto.ai

                    @n_dimension @MikeElgan Yeah, I sold my stock in Internet too early. Right before leadership at Internet brought it around and started turning a profit.

                    n_dimension@infosec.exchangeN This user is from outside of this forum
                    n_dimension@infosec.exchangeN This user is from outside of this forum
                    n_dimension@infosec.exchange
                    wrote sidst redigeret af
                    #9

                    @sstrader @MikeElgan

                    I have old print mags with "Internet" mastheads.

                    That'd pretty much what's inside.
                    Carnivores trying to monetise it

                    1 Reply Last reply
                    0
                    • n_dimension@infosec.exchangeN This user is from outside of this forum
                      n_dimension@infosec.exchangeN This user is from outside of this forum
                      n_dimension@infosec.exchange
                      wrote sidst redigeret af
                      #10

                      @harib_murshidi @MikeElgan

                      The internet.

                      You know, the nuclear resilient comms network.

                      You must have heard if it.

                      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

                        bit@ohai.socialB This user is from outside of this forum
                        bit@ohai.socialB This user is from outside of this forum
                        bit@ohai.social
                        wrote sidst redigeret af
                        #11

                        @MikeElgan I just Love Meta's ROI.

                        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

                          ah_99@mastodonapp.ukA This user is from outside of this forum
                          ah_99@mastodonapp.ukA This user is from outside of this forum
                          ah_99@mastodonapp.uk
                          wrote sidst redigeret af
                          #12

                          @MikeElgan
                          The set up costs are high (data centres etc) ... question is the on going operational costs... and how they will profit from users at the cost of our energy. Revenue streams will be generated through sponsored AI results.

                          1 Reply Last reply
                          0
                          • paulatothepeople@climatejustice.socialP paulatothepeople@climatejustice.social

                            @MikeElgan I'd love to see stats added on how much profit they create for the fossil industry and how much funding they get from the fossil industry.

                            Because that's the AI buisness model. Without AI we'd have energy transition.

                            PS: Also alt text would be nice for inclusivity (not AI written of course).

                            sebastian@norrebro.spaceS This user is from outside of this forum
                            sebastian@norrebro.spaceS This user is from outside of this forum
                            sebastian@norrebro.space
                            wrote sidst redigeret af
                            #13

                            @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 1 Reply Last reply
                            1
                            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

                              psyhackological@fosstodon.orgP This user is from outside of this forum
                              psyhackological@fosstodon.orgP This user is from outside of this forum
                              psyhackological@fosstodon.org
                              wrote sidst redigeret af
                              #14

                              @MikeElgan they're so generous for us

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

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

                                dzwiedziu@mastodon.socialD This user is from outside of this forum
                                dzwiedziu@mastodon.socialD This user is from outside of this forum
                                dzwiedziu@mastodon.social
                                wrote sidst redigeret af
                                #15

                                @dancingtreefrog
                                In a gold rush sell the shovels.

                                …only that in this rush the leftover shovels can't be used for something else at the same scale.

                                Edit: unless by “making a killing” you mean “planning to murder us all for profit”.

                                @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

                                  dzwiedziu@mastodon.socialD This user is from outside of this forum
                                  dzwiedziu@mastodon.socialD This user is from outside of this forum
                                  dzwiedziu@mastodon.social
                                  wrote sidst redigeret af
                                  #16

                                  @MikeElgan
                                  CC: @davidgerard

                                  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

                                    elpasyou_2@mastodon.onlineE This user is from outside of this forum
                                    elpasyou_2@mastodon.onlineE This user is from outside of this forum
                                    elpasyou_2@mastodon.online
                                    wrote sidst redigeret af
                                    #17

                                    @MikeElgan
                                    And who's holding the neadle?

                                    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

                                      piiiepsbrummm@chaos.socialP This user is from outside of this forum
                                      piiiepsbrummm@chaos.socialP This user is from outside of this forum
                                      piiiepsbrummm@chaos.social
                                      wrote sidst redigeret af
                                      #18

                                      @MikeElgan #ALT4you
                                      Partial screenshot of the linked page. It lists companies investing into AI. It shows as a bar chart how much they spent and earned from the technology. The list is sorted by spending.

                                      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

                                        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
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