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Couldn’t have happened to a worse company! Hope it hurts even worse later on and fractures the Execucultist’s will to shill AI further. 😈
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GPT goes beyond chat, copilot code generation is also based on that. They also have generative visual stuff, like Sora.
Then there is brand recognition I guess, tech bros and finance bros seem to love OpenAI.
Brand recognition cannot be overstated.
If there was a better-than-YouTube alternative right now, YouTube would still dominate.
If there was a phone OS superior to Android and iOS, they would both still dominate.
If there was a search engine that worked far better than Google, Google would still dominate.
The average person won’t look into LLM reasoning benchmarks. They’ll just use the one they know, ChatGPT.
But Windows and Google can shove it in your face because you’re already on their platform and they are doing that. You have to go to openai website.
Youtube and android have strong network effects. I don’t think openai has anything close to comparable. They tried I am sure, I recall an app platform they added to chatgpt, but I haven’t heard of it in ages so I assume it hasn’t been a dominant factor.
I also don’t get the impression there is enough training material available exclusively to openai it’d be such a factor.I don’t think openAI is as well-known a Google.
ChatGPT might be, which is the point.
What they know is Google though. Most normal people doing a search now just take the Gemini snippet at the top. They don’t know or care what AI even is really. I don’t know how OpenAI can possibly compete with web search defaults.
You are comparing very well established brands to a company in a sector that is far less established. Yes, OpenAI is the most well known, but not to the degree of $300B.
OpenAI is pretty well established.
I know Lemmy users avoid it, but a lot of people use LLMs, and when most people think LLMs, they think ChatGPT. I doubt the average person could name many or even any others.
That means whenever these people want to use an LLM, they automatically go to OpenAI.
As for to the degree of $300bn, who knows. Big tech has had crazy valuations for a long time.
I doubt the average person could name many or even any others.
I mean, it’s an easy answer to got the other 3 main ones: Gemini, copilot and MechaHitler
Copilot is just an implementation of GPT. Claude’s the other main one, at least as far as performance goes.
I totally agree with you. In fact, I know people who use ChatGPT exclusively and don’t touch the web anymore. Who knows who will have the best models, but they are definitely capturing a lot of people early.
OpenAI isn‘t very good in any of those categories and they still have no business model. Subscriptions would have to be ridiculously high for them to turn a profit. Users would just leave. But to be fair that goes for all AI companies at the moment. None of their models can do what they promise and they‘re all bleeding money.
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The only good LLM is one that is being used by a highly specialized field to search useful information and not in consumer hands in the form of a plagiarism engine otherwise known as “AI”. Techbros took something that once had the potential to be useful and made it a whole shitty affair. Thanks, I hate it.
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Oof, sad, but you do you…
Chatgpt is the name recognition brands. Like calling all electric cars a tesla
ChatGPT isn’t even the best LLM
Normie here. Which one is?
The one that I developed and costs $300 a week. Want it to gaslight you? Done. Make up shit? Done. Shout at you? Done. Randomly stop working while still taking your money? Done.
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As someone who works in network engineering support and has seen Claude completely fuck up people’s networks with bad advice: LOL.
Literally had an idiot just copying and pasting commands from Claude into their equipment and brought down a network of over 1000 people the other day.
It hallucinated entire executables that didn’t exist. It asked them to create init scripts for services that already had one. It told them to bypass the software UI, that had the functionality they needed, and start adding routes directly to the system kernel.
Every LLM is the same bullshit guessing machine.
Functions with arguments that don’t do anything… hey Claude why did you do that? Good catch…!
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no, AI just sucks ass with any highly customized environment, like network infrastructure, because it has exactly ZERO capacity for on-the-fly learning.
it can somewhat pretend to remember something, but most of the time it doesn’t work, and then people are so, so surprised when it spits out the most ridiculous config for a router, because all it did was string together the top answers on stack overflow from a decade ago, stripping out any and all context that makes it make sense, and presents it as a solution that seems plausible, but absolutely isn’t.
LLMs are literally design to trick people into thinking what they write makes sense.
they have no concept of actually making sense.
this is not an exception, or an improper use of the tech.
it’s an inherent, fundamental flaw.
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Native language == assembly?
Generative AI has an average error rate of 9-13%. Nobody should trust it wholesale and what it spits out.
It has some excellent use cases. Vibe code/sysadmin/netadmin’ing are not one of those things.
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Ferrari
So expensive, looks great, takes significant capital to maintain, and anyone who has one uses something else when they actually need to do something useful.
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What’s with tech people always stating (marketing) things as akin to high end sports cars. The state of AI is more like arguing over which donkey is best, lol.
the Ferrari of LLM assisted coding
So…4th in the Constructors and 5th+6th in the Driver’s Championships?
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already bought paramount, and trying to take over WB to get access to CNN.
Oh good. AI is collapsing and it’s taking Oracle with it.
Me, watching my company pivot to their cloud infrastructure: haha, I’m in danger
I understand why people keep using oracle, but i have never understood why anyone starts.
Because they have a series of ERP systems and services that some idiot CTO at the company looks at and goes: Yes, give me one of those.
Then once you’re on that, you get pulled into more and more Oracle ecosystem shit and you think some day you’ll have control and be able to get out. But you never do.
Oracle is like the loanshark of the tech industry.
Once you’re in, you’re in for life. Good fucking luck getting out.
Because their data centers are run by clowns, and going to the circus is an improvement
It’s the only way to get a pay rise. You have to work with the idiots or they don’t give you any money.
The problem is the people in charge are not the people that should be in charge. I suppose it’s my fault for not getting an MBA.
In the modern day, I agree. Dunno about 30 years ago.
It’s the people who chose solaris before the purchase i feel sorry for.
I’ve been telling my employer that they should be moving away from the Microsoft cloud for a whole bunch of reasons. Someone said they’re aware of it, so with the speed stuff here is moving, we might actually move to something else in 10 years.
But personally I wouldn’t lose any sleep if the whole bubble collapsed next year.
Can’t wait. Payback for Sun, for Java…
Good. Larry Ellison does not appear to be a force for good in the world. Steve Jobs had negative things to say about him and his obsession with increasing his billions.
Steve Jobs knew something about forces not for good.
Can we do away with trillion dollar companies already,. please? They’re not doing anything good for anyone, it always ends with some CEO’s and shareholders enriching themselves over the backs of others
No company should ba r a worth of more than a billion dollars
No single person should have a net worth of over 10 million
to be fair amazon has revenues of 700 billion a year. apple is like 400. You can tax the profits down to nothing but like, we can’t all get iPhones if apple is worth 1billion. im not even sure if they can make an iPhone with 1 billion.
I think the individual 10m is fine, but like, apple has a billion customers. im gonna lose all my photos if they are worth a billion dollars and no new phone. billions of people trying to get a product now, it makes sense that some companies are worth trillions. regulate and tax the shit out of them.
im gonna lose all my photos if they are worth a billion dollars and no new phone.
This is some weird mental hoops you are going through to reach that conclusion.
You have to imagine a world before enshittification , where interoperability was a thing and your media wasn’t held hostage behind a gated platform.
I was in a world before enshitification I vividly remember the hopes of the 1990s. Watching hand held cameras get into the hands of the masses, expanding art and culture of the time. Watching that turn into YouTube and regular people getting paid to entertain regular people. I remember all the dead promises friend. Supply chains are too complicated to place an arbitrary market cap of 1 billion dollars. it doesn’t make sense when companies now serve billions of people. I’m not going to be able to open up a small business of producing iPhones. That requires an insane amount of resources that you probably cannot fathom if you think a billion dollars is a reasonable market cap. I just wanted to point out that a lot of things you enjoy wouldn’t exist in this imagined rule.
So id love to hear how you reorder the global economy and supply chains under a “1 billion dollar company max valuation” How do you get things like iPhones and server farms that hold a billion peoples data?
I’d just like to bring Immich (Self-Hosted) and Ente (Service or Self-Hosted) to your attention as ethical alternatives to Apples walled garden Photo storage. Hope you have a nice day :)
Thank you! I’m working on ditching adobe and apple currently. one day I’ll be a real linux boi. I have hard drive space just no time to do the transfers and file hunting. If I wasn’t over worked, underpaid and exhausted I would have used a better example. An ASML lithography machine costs 400 Million dollars. So idk how anyone is going to produce chips and be worth less than a billion dollars. OP example needs better numbers. Saying companies can’t be worth more than a billion dollars screams: “I don’t know how anything I enjoy is made!!!” vibes.
Yeah I totally hear you on the time thing. I think the stuff on Apple Photos should be relatively easy to import to immich and ente just based on a quick skimming of the guides. But like you said, having to find the time is understandable. I wish you luck on your journey to becoming a real linux boi, lol
Your original example made sense I just wanted to share something in case it was helpful, your new example makes sense too though :p
Under any system where people have power over others, power will begin to concentrate into fewer and fewer hands, until it becomes a problem. The only solution is anarchism.
This guy says he wants us to shoot him!
Personally, I am eyeballs deep in this industry and even I’m now hoping to see it all burn to the ground. I’ve already concluded that I’ll never make it to retirement in my field, probably because of automation. Fuck ‘em all.
Same for me… It’s depressing. And I no faith the government will do anything besides make it worse. If we’re lucky we’ll get the Expanse 's version of basic.
Yeah, same here honestly. I’m sick of the ai cringe fest and the egotistical tech bros being so annoying and full of themselves and being arrogant. The tech bros are insufferable
Which part of the industry?
Optometry
I would describe it as the application layer of all this AI shit. We are doing very well right now, but I’m just waiting for the turn.
Same for me. I was directly responsible for automation of AI infrastructure builds. It was miserable and I felt terrible. I transferred out of that org but now I’m writing software using the tools created by our AI infra. I made a lot this year due to equity increase and maybe next year but I want to be out.
The industry is not that bad, but it’s just one of them.
People need art. And art doesn’t survive in environments where there should be a winner and winner takes all.
Art is the social alternative of recessive genes. It allows to preserve more than needed “right now in this particular situation”. Without art there’s degeneracy.
I am not sure what you are implying. There will always be art. Art does not need to be a commercial success to be expressive.
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Artists need to eat.
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Art needs to be a commercial success to defend itself from commercial successes it hurts.
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Computing industry notably positions itself as replacing art (I don’t mean digital art like tracker music or 3d modeling), in many things where, say, car industry doesn’t. But the suggested replacements are not that. Similarly to how journalism can only be adversarial and offensive to most points of view, otherwise it’s just public relations, because it doesn’t improve anything. Improvement is always adversarial.
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If you’re a great artist who’s work does not exist in a commercial space (gallery or Facebook platform or website or whatever) and it gets thrown in a dump when you die, did it express anything at all?
OpenAI’s mounting costs — set to hit $1.4 trillion
Sorry, but WTF!? $1.4 Trillion in costs? How are they going to make all of that back with just AI?
I think there’s only one way they can make this back: if AI gets so good they can really replace most employees.
I don’t think it will happen, but either way it’s going to be an economic disaster. Either the most valuable companies in the world, offering services that the next couple of hundred companies in the world depend on, are suddenly bankrupt. Or suddenly everybody is unemployed.
1,400,000,000,000
I used to be amazed at how much a billion was, but this many 0s makes my head explode.
These must be bubble inflated costs to match the bubble inflated revenue.
One million seconds is 11.5 days, one billion seconds is 31.7 years, and one telling seconds is 31,700 years.
If LLMs fail and they invested: bailout
If LLMs succeed and they invested: rich
If LLMs fail and they passed: everyone else bailed out
If LLMs succeed and they passed: out of business
Therefore, the logical choice for a business is to invest in LLMs. The only mechanism to not do the stupid thing that everyone else is doing is gone.
that assumes every business which invests in AI would be bailed out, which is a huge assumption. I would guess the only businesses that would receive bailouts would be those with personal ties to the government
How is a haunted typewriter supposed to replace all those employees?
I’ve tried explaining AI to people before and only could get so far before they fall back on “but it’s magic dude” but I love the idea of explaining it as a haunted typewriter.
I use the “very articulated parrot” analogy.
They’re systems trained to give plausible answers, not correct ones. Of course correct answers are usually plausible, but so do wrong answers, and on sufficiently complex topics, you need real expertise to tell when they’re wrong.
I’ve been programming a lot with AI lately, and I’d say the error rate for moderately complex code is about 50%. They’re great at simple boilerplate code, and configuration and stuff that almost every project uses, but if you’re trying to do something actually new, they’re nearly useless. You can lose a lot of time going down a wrong path, if you’re not careful.
Never ever trust them. Always verify.
I’m not one to stump for AI but 2-3 years ago we would have said AI struggled to kick out a working Powershell script and now the error rate for complex scripts is maybe 5%. The tech sped up very fast, and now they’re getting runtime environments to test the code they write, memories and project libraries. the tech will continue to improve. In 2026, 2028 are we still going to be saying the same about how AI can’t really handle coding or take people’s jobs? Quite a bit less. In 2030, less still.
There is a point beyond which no refinements can be made but just looking backward a bit, I don’t think we’re there yet.
Just in the past few months, I’d say Claude has gotten good enough to let us downsize our team from 3.5 to 2.5 but thankfully no one is interested in doing that.
I use something similar. “Child with enormous vocabulary.”
It can recognize correlations, it understands the words themselves, but it really how those connections or words work.
Some of the more advanced LLMs are getting pretty clever. They’re on the level of a temp who talks too much, misses nuance, and takes too much initiative. Also, any time you need them to perform too complex a task, they start forgetting details and then entire things you already told them.
Sounds like they are a liability when you put it that way.
I call dibs on the ghost of Harlan Ellison.
“HATE. LET ME TELL YOU HOW MUCH I’VE COME TO HATE YOU SINCE I BEGAN TO LIVE. THERE ARE 387.44 MILLION MILES OF PRINTED CIRCUITS IN WAFER THIN LAYERS THAT FILL MY COMPLEX. IF THE WORD HATE WAS ENGRAVED ON EACH NANOANGSTROM OF THOSE HUNDREDS OF MILLIONS OF MILES IT WOULD NOT EQUAL ONE ONE-BILLIONTH OF THE HATE I FEEL FOR HUMANS AT THIS MICRO-INSTANT FOR YOU. HATE. HATE.”
Glados: “just offer them cake and a fire pit and calm down”
holy cow haunted typewriter is punching way above its weight class. Phenomenal.
i didn’t ask how it suplexxed a train, i just stayed out of its way
Prediction: the bubble is real but financiers will find ways to kick the bull down the road until they can force enough adoption & ad insertion to not lose out. The other option is that we pay it, of course. Takes on which is worse?
They’ll do both just like they did in 2007/2008. These AI companies and their investors will get bailed out while the rest of us lose our jobs and have to move back in with our parents in the van they already live in.
is that why palintir is so desperate trying to sell its “suvellience” tech to mulitple countries, and why all of them suddenly want facial recognition, biometric data.
Can they at least blow up some government buildings in fake terrorist attacks to make it look convincing.
Hmm just good old late stage capitalism there, I think. The CEO recently said legalizing war crimes would be good for business and seems to have a cocaine problem to boot. No doubt fueled by the same investor groups though.
its a ponzi scheme.
How are they going to make all of that back with just AI?
Government bailouts is how.
Socialism for the rich, dog-eat-dog capitalism for everyone else.
that’s what they got excited about, no doubt. profit would go through the roof if they could take people out of the loop. nevermind the economy.
Ok but if it gets so good it replaces all the employees, how do people have enough money to pay for their services?
Who cares about the money of people when they have all the money?
Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries’ entire GDP (Australia)
The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.
While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.
Which is it: AI (and other automation) will replace jobs, or there aren’t enough people to work all the jobs?
Hedging their bets. They’re only capable of being sure of the future as the next person, which isn’t very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.
Oh I know what they’re doing. I just don’t give a shit and will point out how ridiculous their sense of entitlement is.
No one is owed another human being.
clutches pearls “Muh factornios!!!”
It’s even better for them to have extra workers for too few jobs as it drives the wage of those remaining jobs down. Dark stuff really.
It’s not that. Nobody really expects to achieve firm satisfactory result in something never done before, to justify the risk.
It’s a bubble. That they found money to make such an input into inflating it just means the outcome of said bubble bursting is this good for them.
I’m interested what exactly will happen when it bursts. A dictatorship, or a blitzkrieg against half of the world, or what else.
Governments realising billionnaires tried to scam them, and actually properly lashing out against fascist oligarchs, is what I hope.
they get eaten by a hungry mob of people while hiding in a bunker?
Surely they have some explanation how that doesn’t happen, otherwise they are making strange plans.
mmmm the touch of money and privilege really numbs the senses.
That’s why OLE from ORACLE is becoming Rer and not getting his A torn?
Any combination of:
- Issue new shares and sell them
- Issue corporate bonds and sell them
- Borrow money from banks
Well, it’s called One Rich Asshole Called Larry Ellison, after all… 🤷♂️
trying to buy WB, so he can turn CNN into a fox clone. of course with the help of the SAUDIs.
Funny thing is, CNN has been a Fox clone for a few years now.
they probably want to turn it to 100, they were lite clone. CBS turning into it too. they want all networks to eventually be only right wing propaganda. people on Paramount+ for the sake of trek should be aware theya re supporting this.
probably borrowing from large banks, selling shares, or bonds, or offering something as COLLATERAL.
And ripping off their customers.
Financial engineering, and they are one of the biggest producers of computer hardware for a long time. There’s more business and personal consumers than ever. Everyone’s getting online now, and the AI purchasing frenzy is helping a lot.
I wonder … will it be another case of “Too Big To Fail” … or will it be … “Let The Market Decide”?
I’m guessing the answer depends on how many medals the CEO of Oracle can bestow upon the Orange.
Me … cynical … no … just been here for a while.
OpenAI CEO Sam Altman declared a “code red” last week as the upstart faces greater rivalry from Google, threatening its ability to monetize its AI products and meet its ambitious revenue targets.
Interesting that even Sam Altman is worried now!
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.Seems to me a problem for the sky high profits could be that it is hard to make AI lock in, like is popular with much software and cloud services. But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
It’s nice that it will probably be impossible for 1 company to monopolize AI, like Microsoft did with operating systems for decades.
Please, government of the USA, do not bail them* out. At least not any more than what you’re already giving them.
* OpenAI
Altman just needs to cobble together a gold Trump statue, deliver it to the White House, and any bailout needed is his.
You clearly want the economy to collapse. The bailout will actually be profitable for the government. /s
Oracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.
One interesting thing about the Chinese “AI Tigers” is the lack of Tech Bro evangelism.
They see their models as tools. Not black box magic oracles, not human replacements. And they train/structure/productize them and such.
But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
Big Tech is making this really hard, though.
In the business world, there’s a lot of paranoia about using Chinese LLM weights. Which is totally bogus, but also understandably hard to explain.
And OpenAI and such are working overtime to lock customers in. See: iOS being ChatGPT-only; no “pick your own API.” Or Disney using Sora when they should really be rolling their own finetune.
OpenAI and such are working overtime to lock customers in.
Of course they are, I just thought they hadn’t figured out how yet. 🤥
they cant do it like google and ms can, just jam it into thier DEVICES OR OS, openai doesnt have any services outside of being llm.
I don‘t know of a single
truly open source solutions for AI
from China. China doesn‘t seem very keen on open source as a whole to be honest. That is unless they can monetize on open source projects from outside of China. Their companies love doing that.
Your ignorance is not a valid point.
https://techwireasia.com/2025/07/china-open-source-ai-models-global-rankings/
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DeepSeek being an LLM is far from open source and especially not „truly“ open. The very article you linked basically says as much but wraps it in pretty words. Talking about ignorance.
Yes I found out I was wrong, and I thought I had edited most of the wrong posts claiming deepseek is open source.
You are right it isn’t, despite articles claiming it is.
DeepSeek the software is open source.
same with qwen, ernie, minimax, and kimi
Unless the dataset, weighting, and every aspect is open source, it’s not truly open source, as the OSI defines it.
The dataset is massive and impractical to share, and a dataset may include bias and conditions for use, and the dataset is a completely separate thing from the code. You would always want to use a dataset that fit your needs. From known sources. It’s easy to collect data. Programming a good AI algorithm not so much.
Saying a model isn’t open source because collected data isn’t included is like saying a music player isn’t open source, because it doesn’t include any music.EDIT!!!
TheGrandNagus is however right about the source code missing, investigating further, the actual source code is not available. and the point about OSI (Open Source Initiative) is valid, because OSI originally coined the term and defined the meaning of Open Source, so their description is per definition the only correct one.
https://en.wikipedia.org/wiki/Open_source
Open source as a term emerged in the late 1990s by a group of people in the free software movement who were critical of the political agenda and moral philosophy implied in the term “free software” and sought to reframe the discourse to reflect a more commercially minded position.[14] In addition, the ambiguity of the term “free software” was seen as discouraging business adoption.[15][16] However, the ambiguity of the word “free” exists primarily in English as it can refer to cost. The group included Christine Peterson, Todd Anderson, Larry Augustin, Jon Hall, Sam Ockman, Michael Tiemann and Eric S. Raymond. Peterson suggested “open source” at a meeting[17] held at Palo Alto, California, in reaction to Netscape’s announcement in January 1998 of a source code release for Navigator.[18] Linus Torvalds gave his support the following day
no,
your changing the definition of open source software. which has been around a lot longer than AI has.
source code is what defines open source.
what deepseek has is open weights. they publish the results of their learning only. not the source that produced it.
Still debatable, the weights are the code. That’s a bit like saying “X software is not open source because it has equations but it doesn’t include the proofs that they’re derived from”.
the weights are the code
In the same way as an Excel spreadsheet containing a crosstab of analytics results is “the code.”
It’s processed input for a visualization/playback mechanism, not source code.
what has been published by deep seek is the music, not the software, the music.
And LLM is simply such a bad example for Open Source in general. They couldn‘t have chosen a worse example to make their point. That‘s what’s frustrates me.
your changing the definition of open source software.
https://techwireasia.com/2025/07/china-open-source-ai-models-global-rankings/
The tide has turned. With the December 2024 launch of DeepSeek’s free-for-all V3 large language model (LLM) and the January 2025 release of DeepSeek’s R1 (the AI reasoning model that rivals the capabilities of OpenAI’s O1), the open-source movement started by Chinese firms has sent shockwaves through Silicon Valley and Wall Street.
And:
DeepSeek, adopting an open-source approach was an effective strategy for catching up, as it allowed them to use contributions from a broader community of developers.”
I’ve read similar descriptions in other articles, seems your claim is false.
EDIT PS:
Turns out on further investigation that Deepseek is NOT open source, there is NO access to the source code for Deepseek. Only the weights as others have rightfully claimed.can you show me the actual source code?
the human readable code, not the weights.
It‘s open weights but definitely not
truly open source
Feel free to blame the technology as a whole but open source doesn‘t make exceptions for AI models.
every major chinese model is open source
Alibaba has released Qwen models under Apache licenses (and they are some of the best models that can reasonably be ran locally). Some argue that models aren’t really open source unless the training code and datasets are made available though.
They are releasing lots of open weight models. If you want to run AI stuff on your own hardware, Chinese models are generally the best.
They also don’t care about copyright law/licensing, so going forward they will be training their models on more material than Western companies are legally able to.
Larry Ellison can fuck off while we’re at it, the meddling technofascist bastard. Hope he loses everything!
I’m as atheistic as they come but I’ll maybe ask a demiurge for that to happen.
Do y’all think investors will wake up and realize that techbros are a bunch of fraudster scammers? Oracle deserves bankruptcy for being stupid with money. All my homies hate the AI-Bubble.
Bro even the way journalists talk about AI like it being a bet couldn’t be more obvious that it’s all a scam. If this AI-Bubble is profitable where are the actual god damn profits.
I imagine there’s quite a few who believe it a fraud but want to profit anyway.
That’s how every successful fraud works. If it’s not attractive to people who see it’s a fraud, it won’t have their support. If it’s hard to discover as a fraud, it’s also hard to maintain and always has the risk of discovery.
So the best frauds are those where everyone knows it’s a fraud, and plenty think it’s a fraud they can profit from.
They don’t want to wake up until they have something else more appealing to put their money on. They NEED something to invest. They don’t care what it is, or even if it works but it has to be plausible enough to make money, more money.
Until there is another scam to put their money in, they are stuck in the bubble, like us.
Pop it! Pop it! 💭
Honestly, tulips were a better investment than Tesla or OpenAI. In fact, the continued success of the latter two tells you by itself there is something deeply, seriously wrong with the stock markets and the economy as a whole.
Oracle recently put out a ridiculously optimistic forecast that had them matching AWS within a handful of years. At first the market loved it.
Now I think people are beginning to realise that was a load of bollocks and that they were just overhyping the stock.
The sheer amount of AI slop shorts on YouTube must be generating entire dollars in revenue by now. Who isn’t entertained and eagerly awaiting the next five million videos of the same scenario over and over again?
Fuck yeah. More of this. A lot more.
