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Generative AI in any use will collapse it's inevitable “Model collapse” threatens to kill progress on generative AIs When AI eats its own product, it gets sick. bigthink.com/the-future/a...

AWS was built out because Amazon needed it. They built the service their company needed, and opened it up to others because needing it themselves identified an underserved market. Uber is an exploitive, abusive company that churns drivers like mad. They are not a role model for anything

Crucially AWS mostly went without profit because they kept investing in more everything. But fundamentally anything they bought or built was profitable the instant it was powered on. A disk paid for itself in minutes. Not so with the slopmaker 9000.

thanks so much!

Is AI Profitable Yet? isaiprofitable.com

Bubble Hmmm…sounds familiar. Dutch tulip. @jowolff.bsky.social

Look into clipping. I mean don’t. But your stuff is ripe for it. Not sure if it would go viral but who knows, maybe your message will break through a week earlier and the 2nd greatest fool will be left holding the bag. www.theverge.com/report/92000...

Becoming too powerful

You explain it VERY clearly!

I think you’re right, along with turbocharged monetization of government, health, and military data (even more than is happening now). Just mass extract and then the billionaires decamp to New Zealand.

What really got me was when you said them going public would be exit liquidity for venture capital. It's like a self ponzi scheme for venture capital then they leave stock investors holding the bag

It's dumb that fucking Bloomberg needs an elevator pitch to explain that This $$$ is vastly bigger than That $ was.

I stopped watching for the bubble to burst. The rich already have all the money and they'll keep passing it between each other till one of them gets the chance to take it all.

Well when you put it like that it makes it sound like the AI-industry is a complete catastrophe

Attempting to do what other businesses did in 10 or 15 years in three should result in a founder being Baker Acted

It's funny to compare LLM/AI-burn rates to Amazon and Uber specifically, since those two are prominent examples of companies who have now pulled back from spending all this money on AI 😂

AI is dependent on Infinite Data + Infinite data will need infinite power + Infinite Power will need infinite capital + Both capital and power are limited resources = This is an industry that cannot be supported.

moving it from us to the superrich*