this post was submitted on 01 Jul 2026
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Fuck AI
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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Just waiting for that sweet, sweet bailout.
They're not done digging their financial holes so they'd just spend a bailout right away and keep on digging. It's not that they got into a debt that's hard to keep up with. It's that the entire industry has no working model that covers the cost of doing business. Ed Zitron has laid this out in multiple articles and interviews (and probably on his podcast).
All of the investors and C-suite execs are chronic gambling addicts by this point
C-suite hopefully got a taste of reality when OpenAI and Anthropic tried to charge token-based rates that covered their actual costs. Suddenly nobody was willing to pay and rates had to be slashed again! (I think this was all in the last month or two.) More and more enterprises will probably be downloading one of the free open-weight models and developing their own in-house setup (which would at least be more resource efficient).
Hopefully, but I wouldn't hold my breath. There's a reason the stereotypical gambling addict always doubles-down