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lol at disney "this AI blew up in our faces lets get 12 more"

The fact that that hasn’t deterred Disney is the more insane part.

The largest AI company in the world is pivoting to "idk maybe robots?" and thsi bubble still hasn't popped?!?!

they could've given me 1 million for one day and it would've provided a greater good to the world than anything they've done

O

Money has never been more fake.

It's sad that they pulled the plug on it... It was a tool to make them go broke faster.

It is deserved is what it is

Actual article : archive.ph/x6Jk6

This is smart business you have to spend money to make money

Honestly I thought it was more than that

I think OpenAI underestimates their active user count... because if they showed monthly active users like every other platform, it would be really obvious how few of them are paying. And the paying ones still aren't paying enough, they're losing OpenAI money too

Bernie Madoff was infinitely more competent than these chumps we don't even have skilled scoundrels anymore

i bet it has a pretty good sized user base; unfortunately, basically none of them will be willing to pay for it

So each of their users was costing sora an average of $2 per day? Damn, how did this business model ever fail?

Bob Iger stepped down as CEO 12 days ago, 9 months earlier than his contract, and Disney's AI strategy is a money pit lmao.

imagine losing that much money and keeping your job what would that be like

It is insane to me that people see AI as anything but a bubble.

I love living in the most efficient economic system

I like this "shifting focus to robotics" excuse. Yeah, totally, bud. That's exactly what happened, and that's exactly why you killed Sora. Yeah, sure.

People acted like "oh AI could do text, then images than video" like that was no big difference. But it was and only possible by throwing exponentially growing amounts of computing power at it. Video needs orders of magnitude more resources than text. Unless you make serious money, it's not viable

I mean in terms of AI burning money? Not really, only a third of billion a year. The other ones are losing 10s of billions but the VC money keeps going in 😬

I love how they were losing that much per day and Disney is still like "Clearly we need more AI"

Hahahaha this is amazing

Talking about how many millions of dollars of upkeep cost per day not daily user figures.

The Pentagon: "Those are rookie numbers in this league. You gotta pump those numbers up."

It makes sense because, like, legitimately where is the "value" of AI videos for a company? How are they supposed to return on interest at ALL

So a loss of at least 730$/user annually? Great business.

Damn, big loss for the slop mill

All this because they don't want to pay the animators, voice actors, and special effects people; they prefer to lose money rather than pay their employees.

How many indie films could’ve been made with all that wasted money…

This is crazy. All Disney wants is to do anything that'll send them bankloads of cash they already have. Nobody even cares about what WE as a people want to watch anymore. Atp just go back to the fuckass live action shit.

Capitalism

I mean Yeah it's a social construct that's kind of what I'm directly saying It's the result of social bonds and multiple human-made structures and at a base level it's an emergent fact of village and city level populations,

kind of a step forward for them honestly if you think about the universally recognized meaning of "heated gamer moment"

I had zero respect for finance bros and capitalism as an uninformed 12yo kid and it's only been falling the more I learn about it

and making energy more and more expensive by going after clean energy developments that didn't need a single dime from taxpayer $

"fewer than 500k users" probably means 50k

disney losing 1m a day means someone else (1 or more) gains that much... who is profiting from all these corporations losing money on ai?

I truly think they softened the numbers and it was worse

why is disney still searching for AI crap when it’s actively being proven unsuccessful

And yet it's still not nearly enough.

Less than 500k? But I thought everyone loved the AI slop apps! I was told they were extremely popular!

it's worse than that. ai models like chatgpt lose around 1 billion per month, and that's text models. video models are many orders of magnitude worse, and active users of sora were less than 1% compared to release date if sora had chatgpt numbers it would have burned so much more

just a note that Culture Crave is on here too! bsky.app/profile/cult...

What is held up as a virtue of capitalism is also the downfall of so many products. If you cannot find enough ways to monetise your product, you're done. Market research would have told them the market for this would be niche. No-one would be paying to make at images at a rate to sustain this.

Okay wait was the 1 million just like. Like I will be real there is *so* much porn and guro that was being made on it. Was that 1 million just the fucking power draw or were they factoring for the lawsuits? And if anyone says "but it was guardrailed" hahahaha you don't have a clue how bad it is.

I can lose money pretty fast, once I get going, but I've never managed THAT kind of speed

lower than i thought it would be tbh

They're burning money at speeds heretofore undreamed of

Losing $2 per user per day also crazy. They’d have to keep every user on while instituting a $60/month subscription to break even

no, more AI!

we tried to make it up on volume but welp

Realizing you made a stupid bet on something really expensive and difficult and responding by shifting to something cheaper and easier like ...robotics?

more than $2 per user per day is actually impressive

What % of that 500k were engaged in criminal enterprise? Messed up they are ruining the good name of criminal enterprises with AI.

im the dumbest girl ever and even i couldnt lose 1 million per day

And yet, Disney is still looking into buying AI slop even after Sora's closure, so don't consider this a change of heart on their part. Fuck Disney

Praying for the rest of OpenAI's downfall

I would probably terminate all of my talks with AI companies after this.

"shifting focus to longer-term bets" == "we're planning to keep losing money for even longer"

If they're so dead set on just throwing money away, they should just give it to me. Im cool, and would gladly take a million a day.

They're lucky they never had more users. They would've lost more

We’re almost talking Meta and VR numbers!

Let's hope it's the beginning of the end of the AI bubble.

I see we're already laying the groundwork for robotics to be the next overhyped techbro bubble after this one pops.

I get clinically depressed when I lose 20 bucks once. This is insane.

The cost of training that shit must have been even more enormous

And that's before getting into what the popular use of Sora is which, who could have thunk it, is just using it to make videos which get posted on to other sites. Crazy anyone thought this would be a good idea.

Disney not seeing that the billion dollar investment was not enough to make this work and pushing forward with ai anyway is why I refuse to believe the moral of toy story 5 will be anything other than “iPads are good for kids actually”

Capitalism currently is burn cash until you have a monopoly on the cash burner, then implement enshitification to recoup all losses.

That's somewhat less surprising - there's a lot of work going into Vision-Language-Action models in robotics at the moment (e.g Google RT-2), and they have similar transformer architectures under the hood

They could have spent that money each day on the actual arts, it would have been a better use of $1 million.

It's NFTs but harder to get someone holding the bag to make the scam work.

The money isnt even real at this point. Its like a different currency

losing more money per day than most of us will ever have in our whole lives

Please pop Let's get it over with

Disney still looking? Crazy how the defining company that created beautifully animated movies is moving to prompts and putting animators out of work.

"Shifting to robotics" aw yeah baby gimme that next bubble

Glitch Productions was right to question Disney's sanity. "WTF are they doing?"

Ok yeah I think I missed the part where you'd get the million a day. Plus it would mostly just be disney characters screwing each other

also I'm a little anemic sometimes so I definitely don't generate nearly as much heat as a data center

Disney: AI is still the way to go despite this crashing & burning and no other AI company is profitable.

Disney: loses $1M per day on a genAI startup Disney: apparently decides the problem was that they picked the wrong company for it

we could have solved world hunger.