I’m asking everyone, please don’t use compute as a noun. That’s the language of the wannabe enslavers.
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uriel238@lemmy.blahaj.zone 4 days ago
A regular reminder that the AI companies are paying for the majority of the cost of compute, selling tokens way on the cheap.
And they have no idea how to get the production cost down.
This bubble is entirely based on (improbable) futures, and / or the current billionaire agenda:
~ Automating everything possible, so that they can abandon the obsolete workforce
~ Controlling huge swarms of killer robots
~ Processing surveillance data to root out dissidents and crimethink
gdog05@lemmy.world 3 days ago
uriel238@lemmy.blahaj.zone 3 days ago
I think that ship has saled, much the way we use google as a verb for websearch even though Google Search has long lost the honor of being genericized.
LLM generative processing as a service (id est, selling compute) is a failing business model at least for common private use cases. The only way the buildout makes sense is to sell it to governments at gouging prices. And we’re in a sorry state when the economy is propped up on government contracts in the service of authoritarian regimes.
It’d be a bit better if compute was being used to facilitate libraries and freight, but instead its surveillance and armies.
Bad_Ideas_In_Bulk@lemmy.world 3 days ago
I think it would do us a lot of good as a society if we relaxed a bit on all the censorship.
LePoisson@lemmy.world 3 days ago
For sure this AI bubble is extra fucky wucky. Like, I wish I had the capital (I’m a proletariat sooo I don’t) to burn on shorting some of these companies. Not that I really know how to do it properly and it’s volatile and unless you wanna end up owing lots of money you can’t cover you have to start with a lot since you’re making very hard to foresee bets and some will not pan out.
Like, at some point this bubble will explode, nothing is really propping it up. There’s not enough actual demand, the artificial demand there is won’t stay forever and even the small amount of real demand isn’t going to be there when companies start paying the actual cost for these services instead of it being subsidized. Almost all the money being poured into this “AI” (ie: the fancied up LLMs who’s capabilities the tech bros keep on lying about) is going in a circle - it’s actually madness.
It’s absolutely a house of cards, but betting on a collective realization that’s going to implode a big part of our economy is hard because people desperately want to believe the illusion. Sooner or later reality will come knocking and the harsh truth will come to be.
I do think it’s going to make 2008 look like a joke but I guess we’re going to have to crash the stock market like it’s 1929 before our government decides to (once again) reign in Wall Street and this bullshit. It’s like we all lost our collective minds or something, as if there wasn’t a reason for the glass-steagull act to exist. Hell look at what’s happening with our food supply as we’ve been getting the FDA and USDA and EPA inspectors and relaxing regulations and constantly looking the other way when these big agri businesses literally shit up our food.
mojofrododojo@lemmy.world 3 days ago
when 2008 happened, the houses were still worth something the next yeah.
no one’s gonna buy up all the datacenters openai and anthropic are circle-jerking from nvidia and the tech-lemmings driving the ship at meta, goog, amazon etc.
and there’s more than a trillion fucking dollaroos invested already. lol fuuuuuck