Technology

Very difficult project to track data for. Major difficulty is that capex budgets are like share buyback budgets. Implementation speed subject to change. It's hard to measure revenue/profitability because AI credits tend to be bonus perks for enterprise customers, and in Meta's case they use it for better brainwashing/ad revenue.

The best way to measure Bubbliciousness is trends in spot GPU rentals. Nvidia has been selling more datacenter GPUs than datacenters completion for over 1 year. Those GPUs filter down to tier 2 providers because they cost $1.30 to $2.70 per hour to just sit in a warehouse. Anthropic's deal to replace grok at Colossus 1 has significantly reduced tier 2 provider usage, and those spot rates have collapsed below their runcosts. https://lemmy.ca/comment/23443450

"AI: The New and Improved Snake Oil. Will cure what ails you. Trust me."

For the scammers,, yes. Not for anyone else.

Worry not, massive layoffs coming to the rescue of those balance sheets.

It doesn’t need to be profitable so long as the government contracts for surveillance of the entire world population fund AI.

IT WAS NEVER GOING TO BE FOR THE MASSES TO IMPROVE THEMSELVES. THEY COULD GIVE A SHIT LESS ABOUT YOU AND ME.

For hardware manufacturers like Nvidia: Massively.

That nvidia one is probably impossible to pin down, since it is really just a big ouroboros investment human centipede eating its own revenue out of all the other asses.

They barely have launched anything and they are already enshitifying their offerings. I think this says what everyone is thinking. No, they are nowhere near profitable and large scale deployment may not be profitable for a long time.

It took AWS nine years to become profitable. It appears that AI may take a decade or more. How they plan on surviving when they are already taking away features and putting hard limits on usage is anybody's guess.

This, and https://www.web3isgoinggreat.com/ give me real hope for our Internet to come back someday.

Assumedly Nvidia is just dumping all its profits back into these companies

I really thought today would be the day guys

I guess I just need to invest more into AI. What if we took the funding for hospitals and converted them into diesel generators to power more chips bought for well above cost?

I think they're hoping AI will eventually get smart enough to make itself do stuff. Sorta like a fusion reactor: you get it jump started with billions of taxpayer money, and eventually it will start spitting out hundred dollar bills!

• Step 1: Destroy the environment with millions of unnecessary datacenters.
• Step 2: ???
• Step 3: Profit!

The only thing about AI that interests me is when are we going to make it go away?

This seems somewhat misleading. Lots of products take a lot of investment in them for many years before they reach profitability. The Boeing 787 Dreamliner, for example, was in development for 7 years and another three years after that before it was profitable. The Falcon 9 rocket took 13 years to develop and now it's the most profitable satellite launcher around. The Dyson bag-free cyclonic vacuum cleaner took 15 years to develop.

Most of this AI stuff has only been in heavy development since ChatGPT burst upon the scene in 2023. It's not unreasonable to see the industry still heavily into the investment and development side of things.