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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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  • julesbl@mastodon.me.ukJ julesbl@mastodon.me.uk

    @bob_zim @sebastian @PaulaToThePeople @MikeElgan
    I'm not sure about that, the shear vast amounts of debt are big even for these big companies, but time will tell

    bob_zim@infosec.exchangeB This user is from outside of this forum
    bob_zim@infosec.exchangeB This user is from outside of this forum
    bob_zim@infosec.exchange
    wrote sidst redigeret af
    #77

    @julesbl @sebastian @PaulaToThePeople @MikeElgan I’m mostly joking about how stock-market-focused capitalism heavily incentivizes looking good for the current quarter, then bailing out before people outside realize you did it by selling off all the buildings and signing extortionate leases for those same buildings. Or by laying off all the people who actually make the product the company sells. Etc.

    When the lack of good training data becomes a problem, the current heads will bail out before it becomes public knowledge how bad the situation is. Or they’ll be “fired” with hundreds of millions of dollars in severance. They’re incentivized to not care.

    1 Reply Last reply
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    • deepfryed@fosstodon.orgD deepfryed@fosstodon.org

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

      euneuber@graz.socialE This user is from outside of this forum
      euneuber@graz.socialE This user is from outside of this forum
      euneuber@graz.social
      wrote sidst redigeret af
      #78

      @deepfryed @MikeElgan Elon is pissed that he is not the lead!

      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

        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
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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
          #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
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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

              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
              0
              • 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
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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

                  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
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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

                    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
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