‘I don’t have warm shells to plug into’

  • scytale@piefed.zip
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    1 month ago

    These guys are openly admitting that all these investments are going into hot air. Altman has also already admitted we’re in a bubble. But it doesn’t matter because the line goes up anyway.

    • nixus@anarchist.nexus
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      1 month ago

      It’s already been proven over and over and over, but this is another point of evidence that the line has no relation with reality, and is entirely made up.

    • shalafi@lemmy.world
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      1 month ago

      So many actors in the AI space are admitting to issues that I wonder if they’re not trying to blunt the crash.

  • xxce2AAb@feddit.dk
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    1 month ago

    Yeah, okay. If we could pull the reins on this collective AI idiocy a little, that’d be greeeat.

  • supersquirrel@sopuli.xyz
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    1 month ago

    “True our business plan is trash, but if we had infinite energy it would scale.”

    …ok? That isn’t a flex?

    • Catoblepas@piefed.blahaj.zone
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      1 month ago

      No, you don’t understand! If you use our product to ask it about things you don’t know anything about, its answers are indistinguishable (to you) from an expert opinion, even when it’s wrong. This is a pure win for society with no down sides!

    • frank@sopuli.xyz
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      1 month ago

      As an engineer, I definitely could think of a lot of cool ideas that’d fix problems if I just had unlimited energy or infinite resources.

      However, since I’m not a CEO I don’t get paid for said “what ifs”

  • BombOmOm@lemmy.world
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    1 month ago

    Why the hell are they spending money on things they literally can’t use? Who authorized that purchase?

    • XLE@piefed.social
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      1 month ago

      Especially because they are only good for AI, and they rapidly deprecate in value.

  • reddig33@lemmy.world
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    1 month ago

    To make more electricity, they should try using some of the hot air that constantly comes out of Nadella’s mouth.

  • misk@piefed.social
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    1 month ago

    I’m sure Microsoft can outspend Joe Shmoe on electricity so just buy more, duh. „Satya Nadella drowning in pussy, Microsoft CEO says” has about as much credibility though.

  • roofuskit@lemmy.world
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    1 month ago

    Chips that are really only competitive for a year are sitting on shelves. Good thing they reduced consumer GPU capacity to make these. The rest of us might be paying reasonable prices otherwise.

    Edit: Just another reminder that capitalism only works when all actors are behaving rationally. There is nothing rational about what’s going on in this market right now.