And it's not even working. Not one of the AI companies is profitable. So they're putting the hope for profits some time in the future over sanity and safety.
Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:
Nvidia offered OpenAI $100B in investment, money that it didn't have, as long as OpenAI gave that money back to Nvidia to lease GPUs that haven't been made, to then put in data centres that haven't been constructed, which will be powered by electricity that hasn't come online, to then rent to users who haven't subscribed, to provide them features that haven't come to fruition.
In a way this is what’s most scary. Because they are desperate. Any safety concerns will be damned and they are all racing to be the first who makes a breakthrough in the direction of AGI.
If we ever get there, this is not the way it should be done. I hope they remember that we need to have a world where they can spend their money.
"Fuck me Sam, I don't have anymore ideas on how to turn a profit. We've tried everything. How about we just give the AI its own infrastructure and bank account with the instructions 'make money' and see what it does? I know that safety guy advised against it before, but he no long works here. I mean if it becomes a singularity event, at least it's our singularity event to control"
Midjourney are the worse of the worse when it comes specifically training on stolen work from artists who dedicated their lives to it. They opened the floodgates to what we see now with mass theft of content by not getting sued into oblivion. Fuck them and their creepy little fuck face of a CEO.
They're also not providing a large language model, so they actually did have a path to profitability. It's keeping LLMs updated and running that costs so much money that companies trying to do so are losing billions, and Midjourney doesn't have that problem.
It's just that their path to profitability was built on plagiarism on an astonishing scale. You're spot on, they should have been utterly destroyed right at the start.
Couldn't agree more. They did really help greenlight "stealing everything is fair game" mentality. They came out before chatGPT gpt3 at the time LLMs were not hoovering everything including copyrighted content.
So what's the problem? This looks self-correcting to me, if none of the AI companies are profitable then they're going to go away. Short their stock and make a fortune.
The problem is the cost of that correction is going to fall on us. Or did we forget that the flavor of capitalism we live under is the "Privatize the profits, socialize the losses" kind. We're not the ones in the casino, but we're the ones who will lose our shirts when they lose.
"What's the problem" with the entire American economy being moored to a bunch of companies all acting as flaky as Enron and friends during the dot-com crash?
Edit: just realized FaceDeer is obsessed with AI stuff, so he's probably here just to troll with questions he already knows the answers to.
It's only self correcting if the powers that be are losing money, which they aren't because they are either liquidating important assets to pad their pockets or just using economic magic to make trillions appear out of no where. They'll only feel it when their company or the economy collapses, and at that point they make off with their ill gotten gains
I wrote it intentionally vague because the reality is that we don't know exactly how they are doing it, but we don't need to to be able to see that there is a positive feedback loop between ai companies, cloud service providers and compute hardware manufacturers. Likely what they are doing is simply lying about their books and since the regulators have been bought already, or are simply incompotent, there is no one to say otherwise.
In the mean time they're soaking up all the RAM, SSD and silicon processing which makes basically everything with any of those cost a lot more (like the RAM I bought for $99, 4 yrs ago thats now $560). Not to mention the power requirements and costs being passed on to the consumers that don't want it anyway.
They're also screwing up the environment in ways it won't recover from.
Which is pouring money into the manufacturers of those things. If you're convinced the AI companies are going to collapse then just wait a little and you'll get all those things way cheaper than they were before.
At the moment, most of that "money" is just stock in the other company. And the type of RAM and "GPU"'s being manufactured are not ones that normal consumers will use. They're very specialized for AI en masse.
Another thing around that is that the major manufacturers being leveraged for that gear have stated that they are not increasing production in the near future because of this. It seems they're mostly in a "wait and see, it might just be a bubble" mode as scale up takes a lot of time and only pays off with continued demand over a long period of time.
I'd love if it was going to be flooding the market with cheaper tech, but thats not been shown to be the case. And it's really not worth the environmental impact in either case.
And the type of RAM and "GPU"'s being manufactured are not ones that normal consumers will use.
They're using the same foundries that would make those things. I'm not saying that there'll be a flood of "used" equipment (though there would indeed be some of that too, other companies could set up data centers much more cheaply), I'm saying that the foundries will switch back to consumer products.
The stock is worth a lot because it can be sold for a lot. If the manufacturers don't think the AI companies will stick around they should be selling the stock they're receiving from them. It's money either way. What do you think they're doing with that money?
I'm not sure how this benefits the big corporations then. Surely they don't have a deathwish? And aren't stupid/incompetent enough to not see that? Else they'd not have gotten this big, right?
AI businesses are putting profits over sanity and safety.
All businesses are. That's what a business is. A legal entity that seeks to extract as much wealth from people as possible. They put profits before people as a matter of policy.
Limited liability corporations should be outlawed.
It's not even strictly what capitalism is about. It's some stupid bullshit interpretation that came out of the University of Chicago economics department.
Seriously, go look at Adam Smiths wealth of nations. The only mention of the "invisible hand" is so different from what is taught in economics now
… by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
It's not that we need no regulation. It's just trying to say that if we set things up correctly, we don't need to worry about people pursuing SOLELY their own personal gain. Because the market seeks out the "greatest value", which is not just about money. It's also the value to society as a whole.
Instead, we got the fucking bullshit from Chicago saying that the only / best way of measuring value is by profit.
It's kind of funny how Adam Smith saw the need for moral philosophy to constrain greed in the economics of capitalism yet for most modern capitalists, capitalism is their moral philosophy 🤣
Even then the legal requirement is about working in the companies interest, not strictly get more profit. It's become shorthand to just say profit, because it's a simple thing to point at.
If anybody leaves an AI company with a fat paycheck, promises to "be honest about the real problems," and then proceeds to regurgitate things the AI company CEOs say: be suspicious.
Exhibit A is Anthropic millionaire Mrinank Sharma, who only mentioned (future) peril from AI and AI-made bioweapons, two fictional scenarios on the short list that Anthropic officially endorses. It's a list of things that please Anthropic investors.
Real-world stuff like AI psychosis, poisoning people's air, or generating CSAM doesn't get a mention from him. There's no profit in acknowledging those things, so he won't.
The only time it ever says “the real issue is” and is right is when I’ve just corrected it and told it the real issue which it then wastes tokens regurgitating back to me. Gods I miss not having to use this crap at work
Yep there is a deep attachment amongst AI boosters to certain doom and gloom scenarios that stem from their philosophical "think tanks" which use imaginary problems (e.g. "AGI 'misalignment' destroying the world through turning everything into paperclips") to lobby and alter our laws to benefit their real bosses -- anthropic, open ai, and friends.
This is a ball and cup game designed to create cashflow where there is none. The 'profit' is the assets, dividends and capital gains the shareholder class will syphon out before the bubble bursts.
Not in my experience. Once their clients budgets get cut by funding cuts due to reality and they notice it doesn't do anything of benefit (on the clients side), they will be all "client first".
Just another day in corporate America. Putting fake profits over employees’s well-beings, and customer safety and privacy.
The thing that gets me is they just want to get in on this $2Billion investment that keeps changing hands without changing hands. They really are just taking IOUs from… elsewhere? Because apparently, according to Jensen, that money hasn’t actually exchanged hands. Investors are just buying into the new Ponzi Scheme.
The alternative prediction is that this is in fact sustainable and AI companies will in fact have revenue to keep the bubble inflated for a lot longer, just in the worst way - by extracting the value of human-created reliability and trust from the market:
CEOs have also bought into AI almost to a person, and are using it to replace workers, results be damned. AI can't do the things they believe it can, but to them, if they can fake satisfying a need with AI for $5, that is preferable to actually satisfying a need with a real employee for $10.
The CEO is happy because his company saved $5 and he's met his stock option incentive target, the AI companies are happy to pocket that $5 instead of the employee getting $10. Maybe they even raise the customer's price to $12 as AI rent-seeking starts rising, and both companies get $6 each. Win-win, life will go on, just worse for everyone else.
CEOs have also bought into AI almost to a person, and are using it to replace workers, results be damned. AI can’t do the things they believe it can, but to them, if they can fake satisfying a need with AI for $5, that is preferable to actually satisfying a need with a real employee for $10.
Yep that's exactly how me and my entire team were laid off. "Automatization".
I'm sorry. Recently laid off myself and management avoided directly saying AI was the reason, but other statements (C-suite talking about whether AI can do other work months before the layoffs, in front of me) convince me that was the reasoning.
The truth about the “replacing everyone with AI” is even more boggling. Bezos didn’t “replace” anyone with AI when he laid off all those people. What he did was look at the cost of “salaries” vs the cost of “building an infrastructure” for AI, and decided gambling on AI was cheaper than paying the workers he’s employed.
I hate to hand it to airline manufacturers, but at least when they cut corners, they actually make money. The whole AI industry still hasn't turned a profit yet...
Every company does that. The difference is the AI companies will be broke soon and laying off all their staff so people are getting out before the collapse.
Exactly. And some of them are rats fleeing a sinking ship. Just look at Mrinank Sharma, who got paid a million bucks or so for a year at Anthropic, then ditched.
Publicly traded companies are legally required to put profits over sanity, safety, and everything else. It's a truly insane system we've put together for ourselves.
So they only now figured out that all Corporations and their sick shareholders are shit evil and doesn't care about anything else than profits ?! Wtf do they think activists are doing ?
Imagine being a Demis Hasabi, or similar cunt, voluntarily giving/developing AI technology - the most extreme power in human history - to the most evil corporation in human history, run and owned by the most evil people in the world, placed in the most evil lying empire of all times ! Wow - that is a great idea.. cough..
Well, better late than never I guess. Even for normal naive, dumb slow-thinking AI researchers. Let's hope they start waking up from their business/market psychosis, and do some open source work - real mutually beneficial work - for us all instead of boosting the psychopath Oligarchy that runs our little world.
AI can make horrifying mistakes and still on average do its intended purpose. If you catch 90% murderers and 10% innocents, that is apparently good enough for quite a few governments.
Define "talent". Software developers focused on squeezing llms into everything regardless of necessity? I'm likely jaded as an infra monkey but you'll have to pay me x3 as much to fix your broken servers after the bubble pops.
114 Comments
kescusay@lemmy.world · 160 pts · 165d
And it's not even working. Not one of the AI companies is profitable. So they're putting the hope for profits some time in the future over sanity and safety.
Rentlar@lemmy.ca · 105 pts · 165d
Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:
teft@piefed.social · 33 pts · 165d
And hope you’ve propped up the economy enough by the end of it that the government has to
bail you out…sorry i meant provide a “backstop”.bstix@feddit.dk · 8 pts · 164d
I don't think they even care about profits anymore.
Billionaires live in the balance sheet, not the P/L statements.
Yliaster@lemmy.world · 6 pts · 165d
What about all the user data they sell to third parties? I'd be interested in knowing how that contributes to this
scarabic@lemmy.world · 4 pts · 164d
In a way this is what’s most scary. Because they are desperate. Any safety concerns will be damned and they are all racing to be the first who makes a breakthrough in the direction of AGI.
If we ever get there, this is not the way it should be done. I hope they remember that we need to have a world where they can spend their money.
systemglitch@lemmy.world · 1 pts · 163d
That's a talk ask for desperate people to consider.
apftwb@lemmy.world · 2 pts · 163d
"Fuck me Sam, I don't have anymore ideas on how to turn a profit. We've tried everything. How about we just give the AI its own infrastructure and bank account with the instructions 'make money' and see what it does? I know that safety guy advised against it before, but he no long works here. I mean if it becomes a singularity event, at least it's our singularity event to control"
EldritchFeminity@lemmy.blahaj.zone · 1 pts · 163d
Didn't they do this with an AI vending machine already and it started selling tungsten cubes at a massive loss?
ThirdConsul@lemmy.zip · 0 pts · 164d
Midjourney is profitable
ishartdoritos@lemmy.zip · 14 pts · 164d
Midjourney are the worse of the worse when it comes specifically training on stolen work from artists who dedicated their lives to it. They opened the floodgates to what we see now with mass theft of content by not getting sued into oblivion. Fuck them and their creepy little fuck face of a CEO.
kescusay@lemmy.world · 9 pts · 164d
They're also not providing a large language model, so they actually did have a path to profitability. It's keeping LLMs updated and running that costs so much money that companies trying to do so are losing billions, and Midjourney doesn't have that problem.
It's just that their path to profitability was built on plagiarism on an astonishing scale. You're spot on, they should have been utterly destroyed right at the start.
ishartdoritos@lemmy.zip · 4 pts · 164d
Couldn't agree more. They did really help greenlight "stealing everything is fair game" mentality. They came out before chatGPT gpt3 at the time LLMs were not hoovering everything including copyrighted content.
XLE@piefed.social · 5 pts · 164d
Source?
FaceDeer@fedia.io · -26 pts · 165d
So what's the problem? This looks self-correcting to me, if none of the AI companies are profitable then they're going to go away. Short their stock and make a fortune.
captainlezbian@lemmy.world · 29 pts · 165d
Shorting isn't just a bet that a stock will fail but also when
FaceDeer@fedia.io · -23 pts · 165d
Then invest in competitors, they've got a more flexible timeframe.
TechnoCat@piefed.social · 26 pts · 165d
Imagine your entire life is viewed through the lens of actions you can take in the stock market. What a sad life.
FaceDeer@fedia.io · -15 pts · 165d
The original comment that this subthread descends from was about the profitability of AI companies.
aesthelete@lemmy.world · 4 pts · 164d
Profitability has pretty much nothing to do with stock prices these days.
WhyJiffie@sh.itjust.works · 3 pts · 164d
what competitors? competitors to AI as a technology?
FaceDeer@fedia.io · -4 pts · 164d
The companies that continue with human staff where others are replacing theirs, for example. Outsourcers providing those staff.
XLE@piefed.social · 3 pts · 164d
I'm not sure what bubble you live in, but not everybody can be a Bay Area nepo baby like you, and not being one doesn't make them less correct.
FaceDeer@fedia.io · -2 pts · 164d
If you're not investing anything in anything then this really isn't your problem.
GreenBeard@lemmy.ca · 23 pts · 165d
The problem is the cost of that correction is going to fall on us. Or did we forget that the flavor of capitalism we live under is the "Privatize the profits, socialize the losses" kind. We're not the ones in the casino, but we're the ones who will lose our shirts when they lose.
XLE@piefed.social · 18 pts · 165d
"What's the problem" with the entire American economy being moored to a bunch of companies all acting as flaky as Enron and friends during the dot-com crash?
Edit: just realized FaceDeer is obsessed with AI stuff, so he's probably here just to troll with questions he already knows the answers to.
Attacker94@lemmy.world · 10 pts · 165d
It's only self correcting if the powers that be are losing money, which they aren't because they are either liquidating important assets to pad their pockets or just using economic magic to make trillions appear out of no where. They'll only feel it when their company or the economy collapses, and at that point they make off with their ill gotten gains
FaceDeer@fedia.io · -14 pts · 165d
Where's this infinite well of investment money coming from? "Economic magic" is pretty vague.
TechnoCat@piefed.social · 5 pts · 165d
Have you not heard of inflation? It is literally the creation of new monies that the government gives to banks to give loans.
pupbiru@aussie.zone · 4 pts · 164d
that’s… not at all what inflation means… it is 1 of many causes of inflation
and the government doesn’t “give” it to banks
the reality is far more complex in both cases, even if sometimes the simplified version of things looks like that
TechnoCat@piefed.social · 1 pts · 164d
I'm talking monetary inflation, not price inflation.
Attacker94@lemmy.world · 5 pts · 165d
I wrote it intentionally vague because the reality is that we don't know exactly how they are doing it, but we don't need to to be able to see that there is a positive feedback loop between ai companies, cloud service providers and compute hardware manufacturers. Likely what they are doing is simply lying about their books and since the regulators have been bought already, or are simply incompotent, there is no one to say otherwise.
thejml@sh.itjust.works · 9 pts · 165d
In the mean time they're soaking up all the RAM, SSD and silicon processing which makes basically everything with any of those cost a lot more (like the RAM I bought for $99, 4 yrs ago thats now $560). Not to mention the power requirements and costs being passed on to the consumers that don't want it anyway.
They're also screwing up the environment in ways it won't recover from.
FaceDeer@fedia.io · -13 pts · 165d
Which is pouring money into the manufacturers of those things. If you're convinced the AI companies are going to collapse then just wait a little and you'll get all those things way cheaper than they were before.
thejml@sh.itjust.works · 9 pts · 165d
At the moment, most of that "money" is just stock in the other company. And the type of RAM and "GPU"'s being manufactured are not ones that normal consumers will use. They're very specialized for AI en masse.
Another thing around that is that the major manufacturers being leveraged for that gear have stated that they are not increasing production in the near future because of this. It seems they're mostly in a "wait and see, it might just be a bubble" mode as scale up takes a lot of time and only pays off with continued demand over a long period of time.
I'd love if it was going to be flooding the market with cheaper tech, but thats not been shown to be the case. And it's really not worth the environmental impact in either case.
FaceDeer@fedia.io · -10 pts · 165d
They're using the same foundries that would make those things. I'm not saying that there'll be a flood of "used" equipment (though there would indeed be some of that too, other companies could set up data centers much more cheaply), I'm saying that the foundries will switch back to consumer products.
The stock is worth a lot because it can be sold for a lot. If the manufacturers don't think the AI companies will stick around they should be selling the stock they're receiving from them. It's money either way. What do you think they're doing with that money?
Yliaster@lemmy.world · 0 pts · 165d
They'll just declare bankruptcy and get away scott-free
FaceDeer@fedia.io · -9 pts · 165d
That's not how bankruptcy works. The investors don't get their money back.
Yliaster@lemmy.world · 0 pts · 165d
thanks for pointing that out.
I'm not sure how this benefits the big corporations then. Surely they don't have a deathwish? And aren't stupid/incompetent enough to not see that? Else they'd not have gotten this big, right?
bearboiblake@pawb.social · 85 pts · 165d
All businesses are. That's what a business is. A legal entity that seeks to extract as much wealth from people as possible. They put profits before people as a matter of policy.
Limited liability corporations should be outlawed.
iamthetot@piefed.ca · 22 pts · 165d
That's not what business is inherently; that's what capitalism is.
fafferlicious@lemmy.world · 16 pts · 165d
It's not even strictly what capitalism is about. It's some stupid bullshit interpretation that came out of the University of Chicago economics department.
Seriously, go look at Adam Smiths wealth of nations. The only mention of the "invisible hand" is so different from what is taught in economics now
It's not that we need no regulation. It's just trying to say that if we set things up correctly, we don't need to worry about people pursuing SOLELY their own personal gain. Because the market seeks out the "greatest value", which is not just about money. It's also the value to society as a whole.
Instead, we got the fucking bullshit from Chicago saying that the only / best way of measuring value is by profit.
Reliant1087@lemmy.world · 5 pts · 164d
It's kind of funny how Adam Smith saw the need for moral philosophy to constrain greed in the economics of capitalism yet for most modern capitalists, capitalism is their moral philosophy 🤣
Poxlox@lemmy.world · 3 pts · 164d
Spot on. I wrote an essay on this exact topic
minorkeys@lemmy.world · 10 pts · 165d
As a legal requirement.
village604@adultswim.fan · 9 pts · 165d
I believe that's only if you're publicly traded.
ryathal@sh.itjust.works · 1 pts · 164d
Even then the legal requirement is about working in the companies interest, not strictly get more profit. It's become shorthand to just say profit, because it's a simple thing to point at.
minorkeys@lemmy.world · 0 pts · 165d
Yeah, but it might depend on the company bylaws even if its privately owned.
ThirdConsul@lemmy.zip · 3 pts · 164d
Interestingly its not.
XLE@piefed.social · 64 pts · 165d
If anybody leaves an AI company with a fat paycheck, promises to "be honest about the real problems," and then proceeds to regurgitate things the AI company CEOs say: be suspicious.
Exhibit A is Anthropic millionaire Mrinank Sharma, who only mentioned (future) peril from AI and AI-made bioweapons, two fictional scenarios on the short list that Anthropic officially endorses. It's a list of things that please Anthropic investors.
Real-world stuff like AI psychosis, poisoning people's air, or generating CSAM doesn't get a mention from him. There's no profit in acknowledging those things, so he won't.
melfie@lemy.lol · 17 pts · 165d
Repelle@lemmy.world · 14 pts · 165d
The only time it ever says “the real issue is” and is right is when I’ve just corrected it and told it the real issue which it then wastes tokens regurgitating back to me. Gods I miss not having to use this crap at work
spacer@programming.dev · 10 pts · 165d
You HAVE to use it?
Repelle@lemmy.world · 12 pts · 165d
Yes, our usage is tracked. Managers have statistics broken down by daily usage per agent
treesapx@lemmy.world · 11 pts · 165d
Yup. Lots of managers are forcing people to use AI so they can report doing so in their metrics.
aesthelete@lemmy.world · 3 pts · 164d
Yep there is a deep attachment amongst AI boosters to certain doom and gloom scenarios that stem from their philosophical "think tanks" which use imaginary problems (e.g. "AGI 'misalignment' destroying the world through turning everything into paperclips") to lobby and alter our laws to benefit their real bosses -- anthropic, open ai, and friends.
nosuchanon@lemmy.world · 56 pts · 164d
What profits?
jeffep@lemmy.world · 30 pts · 164d
Now what does that tell us about the sanity and safety?
melsaskca@lemmy.ca · 52 pts · 164d
"AI businesses are putting profits over sanity and safety".
Remove "AI" from that sentence and you'll see that's just more normal business practices that have been going on for decades.
seejur@lemmy.world · 12 pts · 164d
The real question is: what profit? It's a sink hole in a hope to maximize reach
Canconda@lemmy.ca · 7 pts · 164d
This is a ball and cup game designed to create cashflow where there is none. The 'profit' is the assets, dividends and capital gains the shareholder class will syphon out before the bubble bursts.
yabbadabaddon@lemmy.zip · 3 pts · 163d
Ho, you can trust OpenAI and Nvidia to make a profit. You and your pension funds? What pension funds?
Lucidlethargy@sh.itjust.works · 36 pts · 164d
This is many companies right now.
Mine is run from the top down (all executives) by people who use LLM's for fucking everything.
Everyone fucking hates them at this point. We all think they are fucking trash.
ViceroTempus@lemmy.world · 10 pts · 164d
Maybe it's time to grab some fellow employees and make an employee owned business.
AdolfSchmitler@lemmy.world · 2 pts · 164d
I would love for this to happen in so many industries but everything takes so much capital to get started :/
stoly@lemmy.world · 7 pts · 164d
The MBA class has long been this way.
Tollana1234567@lemmy.today · 3 pts · 163d
my older bro who WAS in tech uses it the same way, no thought of his own, he always use CHATGPT to find answers.
yrnttm@lemmy.world · 1 pts · 163d
I used to find answers on Google, but Google Web search doesn't return good results anymore. So I end up using ai.
Mondoshawan@lemmy.zip · 2 pts · 164d
What industry is your company in?
myfunnyaccountname@lemmy.zip · 30 pts · 165d
That’s just every company isn’t it?
123@programming.dev · 10 pts · 165d
Not in my experience. Once their clients budgets get cut by funding cuts due to reality and they notice it doesn't do anything of benefit (on the clients side), they will be all "client first".
Etterra@discuss.online · 28 pts · 165d
Just vibe code the AI. I'm sure it'll work perfectly.
HexParte@lemmy.zip · 19 pts · 165d
Just another day in corporate America. Putting fake profits over employees’s well-beings, and customer safety and privacy.
The thing that gets me is they just want to get in on this $2Billion investment that keeps changing hands without changing hands. They really are just taking IOUs from… elsewhere? Because apparently, according to Jensen, that money hasn’t actually exchanged hands. Investors are just buying into the new Ponzi Scheme.
NekoKoneko@lemmy.world · 7 pts · 165d
The alternative prediction is that this is in fact sustainable and AI companies will in fact have revenue to keep the bubble inflated for a lot longer, just in the worst way - by extracting the value of human-created reliability and trust from the market:
CEOs have also bought into AI almost to a person, and are using it to replace workers, results be damned. AI can't do the things they believe it can, but to them, if they can fake satisfying a need with AI for $5, that is preferable to actually satisfying a need with a real employee for $10.
The CEO is happy because his company saved $5 and he's met his stock option incentive target, the AI companies are happy to pocket that $5 instead of the employee getting $10. Maybe they even raise the customer's price to $12 as AI rent-seeking starts rising, and both companies get $6 each. Win-win, life will go on, just worse for everyone else.
northernlights@lemmy.today · 6 pts · 165d
Yep that's exactly how me and my entire team were laid off. "Automatization".
NekoKoneko@lemmy.world · 3 pts · 165d
I'm sorry. Recently laid off myself and management avoided directly saying AI was the reason, but other statements (C-suite talking about whether AI can do other work months before the layoffs, in front of me) convince me that was the reasoning.
northernlights@lemmy.today · 5 pts · 165d
Yeah for us it was "return to office". Entire team was remote and has been the 9 years I worked there.
HexParte@lemmy.zip · 2 pts · 164d
The truth about the “replacing everyone with AI” is even more boggling. Bezos didn’t “replace” anyone with AI when he laid off all those people. What he did was look at the cost of “salaries” vs the cost of “building an infrastructure” for AI, and decided gambling on AI was cheaper than paying the workers he’s employed.
Coyote_sly@lemmy.world · 15 pts · 165d
There's a huge list of eye rolls here but also...what profits?
fubarx@lemmy.world · 13 pts · 165d
Lost_My_Mind@lemmy.world · 13 pts · 165d
Soooooooo, just like every other business in the history of capitolism?
Imgonnatrythis@sh.itjust.works · 5 pts · 165d
It worked for airline manufacturers, it can work for you too!
XLE@piefed.social · 3 pts · 165d
I hate to hand it to airline manufacturers, but at least when they cut corners, they actually make money. The whole AI industry still hasn't turned a profit yet...
BrianTheeBiscuiteer@lemmy.world · 12 pts · 165d
🌎 👨🚀 🔫 👨🚀
vane@lemmy.world · 11 pts · 164d
After $1T poured into global warming, why can't AI replace them ?
Tollana1234567@lemmy.today · 1 pts · 163d
thats why they are trying to peddle data centers to india, for low cost maintenance.
friend_of_satan@lemmy.world · 11 pts · 165d
Oh thank heavens some people still have ethics.
GreenKnight23@lemmy.world · 1 pts · 165d
if they had ethics they would have left a long time ago.
shirro@aussie.zone · 9 pts · 165d
Every company does that. The difference is the AI companies will be broke soon and laying off all their staff so people are getting out before the collapse.
XLE@piefed.social · 7 pts · 165d
Exactly. And some of them are rats fleeing a sinking ship. Just look at Mrinank Sharma, who got paid a million bucks or so for a year at Anthropic, then ditched.
Formfiller@lemmy.world · 7 pts · 164d
I sure hope they secretly sabotage on their way out to protect society
corsicanguppy@lemmy.ca · 7 pts · 165d
Tell me a "journalist" has no concept of mass nouns without using those words.
suicidaleggroll@lemmy.world · 7 pts · 165d
Publicly traded companies are legally required to put profits over sanity, safety, and everything else. It's a truly insane system we've put together for ourselves.
ThirdConsul@lemmy.zip · 1 pts · 164d
Interestingly they are not. Its commonly shilled by C-scum, but it's a lie.
XLE@piefed.social · 2 pts · 164d
Look up "shareholder primacy". It's enshrined in law.
BTW you said Midjourney is a profitable company elsewhere. Can you provide a source?
ThirdConsul@lemmy.zip · 1 pts · 164d
It literally isn't. Google shareholder primacy and you'll notice its a norm, not a law (in the USA).
You can also Google Midjourney.
XLE@piefed.social · 1 pts · 163d
Why don't you show us your Google result that proves Midjourney made of profit?
ThirdConsul@lemmy.zip · 1 pts · 163d
https://en.wikipedia.org/wiki/Midjourney#%3A%7E%3Atext=The+tool+was+in+open
XLE@piefed.social · 1 pts · 163d
Is this still the case?
XLE@piefed.social · 1 pts · 163d
It's a judicial precedent
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
dustyvagina@lemmy.zip · 5 pts · 165d
We're so cooked
herseycokguzelolacak@lemmy.ml · 5 pts · 164d
They are leaving because they are getting much better offers elsewhere.
stoly@lemmy.world · 4 pts · 164d
or they see that things will collapse soon enough and are bailing like rats leaving a sinking ship
Sims@lemmy.ml · 5 pts · 165d
So they only now figured out that all Corporations and their sick shareholders are shit evil and doesn't care about anything else than profits ?! Wtf do they think activists are doing ?
Imagine being a Demis Hasabi, or similar cunt, voluntarily giving/developing AI technology - the most extreme power in human history - to the most evil corporation in human history, run and owned by the most evil people in the world, placed in the most evil lying empire of all times ! Wow - that is a great idea.. cough..
Well, better late than never I guess. Even for normal naive, dumb slow-thinking AI researchers. Let's hope they start waking up from their business/market psychosis, and do some open source work - real mutually beneficial work - for us all instead of boosting the psychopath Oligarchy that runs our little world.
bitteroldcoot@piefed.social · 5 pts · 165d
It's so nice to see these kind of posts. Because I keep thinking I'm the only one who thinks ai has turned incredibly evil and will only get worse.
“One Program to rule them all, One Program to find them, One Program to bring them all, and in the darkness bind them.”
FaceDeer@fedia.io · -5 pts · 165d
Don't worry, the Internet keeps telling me that AI is a useless stochastic parrot that hallucinates everything it says anyway.
LH0ezVT@sh.itjust.works · 5 pts · 165d
Both of these things can be true. It still works if it occasionally throws a few innocents in front of the bus.
FaceDeer@fedia.io · -4 pts · 165d
Thus, by a continuous shifting of rhetorical focus, the enemies are at the same time too strong and too weak.
LH0ezVT@sh.itjust.works · 6 pts · 165d
Mate, where do I even begin here.
People have different opinions.
AI can make horrifying mistakes and still on average do its intended purpose. If you catch 90% murderers and 10% innocents, that is apparently good enough for quite a few governments.
FaceDeer@fedia.io · -6 pts · 165d
You literally just said you held both.
LH0ezVT@sh.itjust.works · 6 pts · 165d
Alright, have a nice day
iByteABit@lemmy.ml · 3 pts · 165d
Hold on, let me adjust that fedora for you
thethrilloftime69@feddit.online · 5 pts · 165d
First time?
trackball_fetish@lemmy.wtf · 3 pts · 163d
Define "talent". Software developers focused on squeezing llms into everything regardless of necessity? I'm likely jaded as an infra monkey but you'll have to pay me x3 as much to fix your broken servers after the bubble pops.
melfie@lemy.lol · 3 pts · 165d