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Now do Anthropic!

Well-deserved👏

Next time my boss asks me if my project is done I'm going to tell him I missed projections by 90%.

this is honestly a bit better than one sudden pop, less like a bubble and more like the Hindenburg

bsky.app/profile/sard...

Didn't formerly-twittef have that problem, too? Musk found out that most companies don't want to be associated with porn bots and nazis when they declined to buy ads there.

No shit!

Call me when the investors catch on, because until that happens they'll keep propping this zombie industry up

How long before they ask for (and get) a bailout? After all we can’t afford to fall behind China, can we?

dang who could have ever seen that coming

So… after years of actual work experience where I acquired extensive knowledge and skills, I may not be left behind after all?

Yeah no fucking shit, it has never graduated from being a speculative bubble but countless rich dipshits threw their gold at it thinking it would magically shit even more back out

quick, someone invest $700 billion into open ai so they can keep the lights on

The focus here is on the poor results and low odds of AI capturing even 5% of the advertising revenues the sector needs. It’s just the tip of the iceberg. When AI is just another paid shill, like search has become, it’s useless. The whole tech sector relies on ads and is at risk, not just AI.

Lol

Very muskian of them.

Lol so do I 😂

Are they planning chatbot ads as the main moneymaker, though? I'd think coding agents and api tokens would be the safest revenue stream to grow, esp since we don't even know if people will stick with chatbots as this tech grows.

Gosh. How startling. And yet it seemed like such a rigorously viable business model.

Oh we’re laughing.

I know this is a joke, but also: 1) They've already been asking their models which keep outputting "there is no path to profitability" in response. 2) At least some of the shareholder pitch decks they've used say "we will build a super-intelligence, then it will tell us how to make it profitable."

BAHAHAHAHAHAHA

Good. Die faster and take those fucking data centers with you.

This shit would have died years ago if we weren't spoon feeding AI with so much wellfare.

lmao

Tech Bros: AI is cool as fuck! Everyone wants it! Everyone: Meh

I can’t imagine working for an investor, peddling AI, encouraging the contribution of the over trillion dollars on infrastructure, and seeing a billion dollars in ad revenue from one of the largest AI companies off a projected $2.5b. How do you keep your job?

Surely Scam Altman wouldn’t lie!

just have to force it into more places

Can we admit that Sam Altman is just an idiot? He's not good at business, just at lying to "investors."

Sam Altman has the opportunity to do the coolest thing possible if he’s brave enough to jump off a really tall building

Techbros lie and grift like a fish drinks water.

Nah.. It’s the Official Bubble Burst 💥. Once you pop, you can’t stop; Pringles.

So excited for the collapse of this

Good

-What shall we do? -Rebrand it to Natural Intelligence. It will sound bio.

*by year, for the eternity

Guys it’s inevitable. I hope Scam is crying himself to sleep.

Best. Fucking. News. This. Millennium.

Everyone could see that coming

Good.

Ha ha!

"Going... down?"

Cheap RAM when ?

Oh dear me.

This is my surprised face 😈

I guess they let ChatGPT make the sales forecast?

Is that good?

AI is the underpants gnomes

Of course. It's never had a viable business model.

can we make it literal in his case

who could have foreseen this?!

“OpenAI is on pace to undershoot its own five-year ad revenue projections by a whopping 90 percent.“ Hmm, that sounds bad. Is that bad?

AI is a scam to make a few billionaires richer by stealing data from Americans!

Hell yeah.

Thoughts and prayers.

Get ready to watch your productivity get funnelled into propping up the industry in the interests of national strategic significance. They are a core of the establishment now and the establishment will starve your babies before it lets any part of it be seen to fail.

Yeah but whose blood is it gonna be

Not literal enough of a bloodbath for my liking.

Good. But I'll bet they can miss their targets more.

No one could have predicted.

Imagine stealing all those IPs and data and still being so far into the red you can’t see the balance sheet anymore

The foolish investors have only just been asking this question now!?!

It's NOT surprising. I hope the media will continue the "CEO said a thing" reporting style, so all this AI BS can continue...

Hold on wait…..I haven’t sold all my stock yet. ***furious clicking***

Oh no. The giant scam isnt selling its snake oil... anyway.

I’m entering retirement but still cheering the coming collapse.

90% seems like a lot.

But in a good way

lol too bad soo sad

Bloodbath? Nope, it's a god damn party!!!!

I like the new slogan! It's a bloodbath is a lot catchier than it's inevitable.

My reaction to the impending & inevitable AI bubble I've been calling for almost 2 years now:

Good. It needs to crash.

Whelp harakiri then? Go at it Sammi boi.

Whole company is built on lies

Lol

@edzitron.com 👀 ✍️

Anyone page @edzitron.com yet?

all my apes, gone...

Couldn't have happened to a nicer guy

They'll be bailed out somehow

this has been apparent for some time

Ah, c'mon. Don't be a pessimist. That glass isn't 90% empty, it is 10% full!