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Ed Zitron
@edzitron.com

most economically-viable AI company

Jason Koebler@jasonkoebler.bsky.social

New: I pulled the Character ai bankruptcy documents. They show: - They were spending $14 million/month on compute alone at a time their revenue was around ~$1 million/month - Currently losing $9 million a month - They admitted they enshittified & that it didnt work www.404media.co/character-ai...

404media.coCharacter.ai's Bankruptcy Documents Show the Economics of AI Don't WorkCharacter.ai enshittified its product but was still burning tons of cash, its bankruptcy documents say.
Sean McL
@smcl.bsky.social

Very cool that I can get told repeatedly by AI boosters about a "successful" AI company, make a note to look into them, forget to do so for a wee while and they're fucking bankrupt before I'm able to find out what they even actually did. Oh well!

libpol.org
@libpol.org

Character AI was a random slop company that let teens talk to fanfiction chatbots. They were awful. OpenAI and Anthropic are the two companies actually creating frontier AI. As of yet, there is no indication there is a bubble around these two companies. Shitty companies dying is evidence of nothing.

Sean McL
@smcl.bsky.social

Sucks when you think of a snappier reply after you already hit “send” doesn’t it. Snappy or not though, you’re accidentally admitting a bust is coming. I think where we differ is in what we believe happens next - you seem to be all in on AI, I think it’ll just be another tool some ppl use

libpol.org
@libpol.org

The problem is when you turn out wrong in 3 - 10 years and it starts taking most white collar jobs, you'll make up some excuse about why you were wrong, or forget about your past self being wrong.

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