Comment on H&M to use digital clones of models in ads and social media
marauding_gibberish142@lemmy.dbzer0.com 6 days agoI’m just waiting for OpenAI or someone else to jack up prices in the name of profits so high that they will be the equivalent of Nvidia for business AI.
Suddenly hiring for creative roles will be back in full swing because companies won’t be able to afford it. Unfortunately, in the end, the shareholder always wins
Powderhorn@beehaw.org 6 days ago
Profits? What are these profits of which you speak? These firms are losing money hand over fist over other fist and promising investors they’ll make money Soon™.
I was working in tech ahead of the dot-com crash in 2000, and this is exactly what we were seeing. The tech wasn’t ready for what a number of companies were claiming. As my NDA with a defunct startup holds no water 25 years later, I’ll point out our business model was tablet development on the hardware side and roughly where search got to around 2015 on the software side.
The all-hands meeting where it was announced we were pivoting to just being a search engine (given established players were plentiful at the time; this is before the rise of Google) led me to quit. It was very clear to me – at 20 – that this was a road to nowhere.
I’ve seen this movie before. MBAs are fucking idiots.
marauding_gibberish142@lemmy.dbzer0.com 5 days ago
Truer words have never been spoken.
Powderhorn@beehaw.org 5 days ago
Moreover, the company name made no sense once the hardware portion was removed from the equation. They shut down six weeks after I left when the VC funding ran out and they couldn’t raise another round.
marauding_gibberish142@lemmy.dbzer0.com 5 days ago
How much VC/Microsoft funding does OpenAI have? Surely they can’t afford to keep burning cash like they are now? When will they make AI so expensive to use that it will become useless?
The only AI startup I care about is Mistral. Amazing models, altruistic attitude towards AI and software. In my opinion, one of the few great companies out there. Give them a few more years and I’ll consider them in the same league as Mullvad.