this post was submitted on 29 Jun 2026
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[–] FiniteBanjo@feddit.online 28 points 1 day ago (2 children)

Not a bet. The biggest players all know it's a scam. It isn't betting if you already know it will fail qnd you're still profiting in the meantime.

[–] Flower@sh.itjust.works 12 points 22 hours ago (1 children)

Seems they're betting on the government bailing them out, and buying their services for surveillance and military purposes.

[–] pulsewidth@lemmy.world 10 points 21 hours ago

I wonder who will be the first CEO to start applying the "too big to fail" statement openly to their business.

I'm betting on OpenAI as they're the ones with the most to lose. They have already been courting govt in investment heavily, including asking them to back loans up to nearly a trillion earlier this month, and an equity stake.

Literally the "most valuable companies in the world" asking for daddy taxpayer to lend then their credit card.

[–] sanitation@lemmy.today -2 points 20 hours ago (1 children)

I think they don't know yet.
Guys - recommend z.ai, kimi and deepseek and cancel openai /anthropic /gemini

[–] FiniteBanjo@feddit.online 1 points 14 hours ago

In 2020 OpenAI published a paper on AI Scaling Laws which was supposed to show that the diminishing returns from training models on data can be alleviated by increasing model size at the expense of requiring more power and total compute time or in laymens terms "if the result is a 75% chance of being a thing, 4 attempts are more likely to guess it than one attempt".

What it unintentionally showed is that the returns from scaling models at optimal compute time each also diminishes.

Then DeepMind corrected their math in a followup study, illustrating that INFINITE compute time and data will never result in above 94% accuracy.

The AI companies know. They all know. They have always known.