Now you can keep track of how many billions companies are losing on GenAI.
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AI was never going to create a revenue generating product.
According to Sam Altman, it's a rent-seeking economic activity, that will enrich billionaires beyond their wildest fantasies.
According to Koch Network, it's wasteful fossil fuel burner with a side of automated disinformation & election meddling.
According to tech oligarchs like Larry Ellison, Andreessen, Peter Thiel, & Elon Musk, it is a democracy destroyer.
For the oil industry, it's money laundering.
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The rent seeking middleman bottlenecking access all human knowledge.
https://disconnect.blog/make-em-dumb-sell-em-smarts/
Fossil fuel funded tech feudalism
https://www.desmog.com/2025/12/11/the-koch-network-is-pushing-trump-to-accelerate-ai-documents-show/Despite enormous losses, none of these incompetent CEO's have been ousted
https://www.wsj.com/tech/ai/meta-plans-to-shift-spending-away-from-the-metaverse-d0ac3b7f
https://medium.com/@gp2030/why-metas-70-billion-metaverse-gamble-collapsed-5ad3260c15c8
https://www.wsj.com/tech/elon-musk-is-liable-for-some-twitter-investors-losses-jury-says-4b0c10a3
https://www.nytimes.com/2026/03/20/technology/elon-musk-twitter-shareholders-verdict.html
Money laundering
https://www.bloomberg.com/news/articles/2018-04-06/google-thiel-stand-out-in-saudi-prince-s-silicon-valley-tourhttps://www.washingtonpost.com/technology/2025/05/13/trump-tech-execs-riyadh/
https://techcrunch.com/2024/05/26/elon-musks-xai-raises-6b-from-valor-a16z-and-sequoia/
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Companion piece.
@GossiTheDog AKA the circle jerk.
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Companion piece.
@GossiTheDog That infographic looks a lot like someone at Bloomberg has watched the first couple of minutes of this recent Gamers Nexus video: https://www.youtube.com/watch?v=xUbJDrL6ZfM
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@GossiTheDog right but ultimately, are they losing money or are they losing ours (public money)? How much public spending goes into AI worldwide? Why should they continue this business model if its not profitable?
Just wait till the bailouts roll in.
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
@GossiTheDog I love this site and am also sharing it but I’d love more sources… so here’s the similarly themed https://www.wheresyoured.at/ais-economics-dont-make-sense/ which is both human-made and lists sources.
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@GossiTheDog Can't wait for the inevitable multiple orders of magnitude price rises once everyone's hooked.
Old school drug dealer tactics, the first few hits are free...@tdp_org @GossiTheDog already hitting it; everyone's either cut the tokens you get or switched to tokens (copilot) copilot agent reviews will be performed at 13x. Plus cost of the action time taken. Allll ramping up
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
Amazon, Google, Microsoft and Facebook going broke seems like a Very Good Thing.
I shall henceforth encourage them in their folly.
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
@GossiTheDog yeah but they're making up for it with volume
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
@GossiTheDog the green is "income" they are just giving eachother i assume
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
@GossiTheDog NVIDIA making out like a bandit though!
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Now you can keep track of how many billions companies are losing on GenAI.
Red is spending, green is revenue.
this will never be not funny.
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Companion piece.
@GossiTheDog and which trillion dollar tech company isn’t anywhere in this scheme?
Broadcom. They will only be affected indirectly because of idiot investors who will flee tech when the bubble collapses. And they don’t even play with A”I” and GPUs. What they’ve developed are infrastructure chips. And those will survive.
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Companion piece.
@GossiTheDog
Must be this circular economy or "gradle to gradle" everything else would be quite insane. /s -
Companion piece.
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P pelle@veganism.social shared this topic
