its almost like sam altman is a conman
Wish they’d hurry the fuck up with that.
Aren’t all these big tech companies way overexposed to this shit? Like to the point they are overexposed to each other in some sort of star pattern?
No shit.
the current usage of AI general wise, is used for propaganda for right wing governments.
I hope the rest of the ai industry collapses in the same way. I am so tired of this shit.
Agreed. It is great for diagnosing technical issues if you have reasonable expectations and use it cautiously, but I’m grossed out by the graphic and this notion that it’s ready to replace us all before it’s matured enough.
Can’t wait for the Ed Zitron victory lap if/when OpenAI eats shit, lol. Gonna need something to distract me from the economy being in free fall when it happens.
Alt title: Asset manager makes a prediction that’s obviously to everyone. Says he may brag about it later.
What a fucking genius!
Though I mostly agree with the article, how could I not, please do understand that futurism.com is full of badly researched clickbaity articles just to draw traffic, and it should NOT be trusted as a sole source of information.
Any better source available on this?
I feel the same way. getting tired of their articles being posted on this community. I get that their headlines make for good FuckAI subjects but each article ends up being pretty vapid
same with iflscience.
Is that why the company is becoming more thuggish? Desperately searching for scapegoats?
Desparately trying to silence critics, because the only thing they’ve ever actually been successful at is tricking investors into giving them money. Their “product” is PR. They sell hopes and dreams to credulous venture capitalists.
It feels like we’re at the endgame of the corporate mentality in technology. “Tech” used to imply expertise, craft, and a commitment to quality; now it’s mostly a buzzword for raising capital and PR.
Real progress these days mostly comes from enthusiasts and small teams, not hierarchical, ego-driven organisations that prioritise the share price over their human talent. Not “startup bros” racing to get another Node.js app funded, but the freaks and weirdoes staying up until sunrise reading obscure 1990s whitepapers and translating them into Python to fix a random Blender ticket because they actually care.
I often wonder what would happen if we funded those passionate weirdoes who just want to help. Pay them an income to go around the neighbourhood, setting up cloud backups for everyone, organising systems, and building solutions that actually work. This rigid adherence to a classist, centralised society built around wealth isn’t just obscene and inhuman, it’s making us dumber and blocking the kinds of solutions that should already exist.
I often wonder what would happen if we funded those passionate weirdoes who just want to help.
I have a similar thought, what life might be like if we overfunded our education system instead of overfunding the military. There are plenty of brilliant people being born in the poorest zip codes every day, too hungry to think or focus in school and destined for the prison pipeline due to poverty that’s outside of their control.
“Tech” used to imply expertise, craft, and a commitment to quality
Tech has never implied that. Even 40 years ago, tech had implied crafty but janky solutions that few people understood but got implemented because it was better than the alternative.
I get what you’re saying, and you’re right that a lot of early tech was janky. But it was also built to solve problems for the user, not to self destruct within 5 years so they buy another one. Engineers and experts in companies used to have more sway when they put their hand up, now there are professionally designed mechanisms in companies to silence and undermine them.
I grew up in the 1990s, and there genuinely was a shared belief that technology could make life better, that systems could become more humane, more efficient, and more empowering over time. Even when the solutions were rough, they were often built by people who cared deeply about understanding the problem and improving things incrementally. Not to boost their share price or go viral on social media.
What feels different now isn’t that the tech is imperfect, but that large parts of the tech industry have deprioritised understanding and craftsmanship in favour of growth, optics, and financial engineering. The jank used to come from constraints; today it often comes from misaligned incentives. I am weary of attending ‘tech’ events because the focus isn’t science, innovation or improving peoples lives - it’s about fundraising and networking.
If you read ‘Bad Blood’, Elizabeth Holmes literally did this same thing when Theranos’ grift was being exposed, up to and including having suspected whistleblowers stalked and intimidated.
The economy hasn’t been fine for a while.
It is beginning a concern in some economics circles that a large chunk of the COVID stimulus went into asset inflation as the isn’t a good way to claw back the money created from asset valuation. This has been causing further wealth inequality.
It is so bad that a lot of companies geared towards average consumption are seeing revenues drop because people can’t afford to do things like shop at Target or buy a burrito.
AI has been all the economic growth for the US economy for the past few quarters. Everything else is looking like 2007.
Edit: Realizing I didn’t fully answer your question…
Based on above, there is some concern regarding if/when the AI bubble is going to pop. This is made worse as other market segments are starting to have liquidity issues, like Sunbelt residential real estate and Class A office real estate. The loss of liquidity in these markets could freeze up other markets, including the markets investing in AI.
Without loans, AI companies are going to need to become profitable far sooner than they were planning. The current consensus is that AI isn’t going to become profitable soon, so a loss of liquidity could bankrupt several AI companies.
This is causing AI companies to freak out about any negative press since these companies are screwed if the market thinks liquidity is drying up so better to cash out now, which will effectively cause a bank run on these companies.
Plz plz plz plz plz plz plz plz plz plz plz plz plz plz plz plz plz.
Plz.
Can’t come soon enough
when you’re on the other end of a WinRAR joke after the whole fucking country has been shilling your product and you’re still not turning profits on top of the fact that it all amounts to shit and a black hole for resources that could be better used elsewhere, it may be time to shift gears 🤷♂️
