• Randelung@lemmy.world
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    13 hours ago

    This bubble is going to become the entire market, isn’t it. Until it becomes too big to fail because 80% of the workforce is tied up in it. Then it is allowed to pop, costing the western world everything, all going into the pockets of the super rich, and we get to start over.

    • humanspiral@lemmy.ca
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      2 hours ago

      it becomes too big to fail because 80% of the workforce is tied up in it

      In 2008, banking sector and auto industry needed bailouts for the investor/financial class. Certainly, there was no need to layoff core banking employees, if government support was the last resort to keep the doors open AND gain controlling stake over future banking profitablity in a hopefully sustainable (low risk in addition to low climate/global destruction) fashion. The auto bailout did have harsher terms than the banking bailout, and recessions definitely harm the sector, but the bailouts were definitely focused on the executives/shareholders who have access to political friendships that result in gifts instead of truly needed lifelines, or wider redistribution of benefits from sustainable business.

      The point, is that workforce is a “talking point” with no actual relevance in bailouts/too big to fail. That entire stock market wealth is concentrated in the sector, and that we have to all give them the rest of our money (and militarist backed surveillance freedom) or “China will win” at the only sector we pretend to have a competitive chance in, is why our establishment needs another “too big to fail moment”. We’ve started QE ahead of the crash this time.

      Work force is relatively small in AI sector. Big construction, but relatively low operations employment. It displaces other hiring too.

    • Ensign_Crab@lemmy.world
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      6 hours ago

      Then it is allowed to pop, costing the western world everything, all going into the pockets of the super rich, and we get to start over.

      After the bailouts at the expense of the poor, of course.

    • Khrux@ttrpg.network
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      9 hours ago

      I heard a theory (that I don’t believe, but still) that Deepseek is only competitive to lock the USA into a false AI race.

      • Khrux@ttrpg.network
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        8 hours ago

        Compared to crypto and NFTs, there is at least something in this mix, not that I could identify it.

        I’ve become increasingly comfortable with LLM usage, to the point that myself from last year would hate me. Compared to projects I used to do with where I’d be deep into Google Reddit and Wikipedia, ChatGPT gives me pretty good answers much more quickly, and far more tailored to my needs.

        I’m getting into home labs, and currently everything I have runs on ass old laptops and phones, but I do daydream if the day where I can run an ethically and sustainably trained, LLM myself that compares to current GPT-5 because as much as I hate to say it, it’s really useful to my life to have a sometimes incorrect but overalls knowledgeable voice that’s perpetually ready to support me.

        The irony is that I’ll never build a server that can run a local LLM due to the price hikes caused by the technology in the first place.

        • raspberriesareyummy@lemmy.world
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          7 hours ago

          I’ve become increasingly comfortable with LLM usage, to the point that myself from last year would hate me. Compared to projects I used to do with where I’d be deep into Google Reddit and Wikipedia, ChatGPT gives me pretty good answers much more quickly, and far more tailored to my needs.

          Please hate yourself, reflect on that and walk back from contributing to destroying the environment by furthering widespread adoption of this shitty technology. The only reason you seem to get “useful answers” is because of search engine and website enshittification. What you are getting is still tons worse than a good web research 10 years ago.

          Basically you were taught to enjoy rancid butter because all restaurants around you had started tasting like shit first, then someone opened a rancid butter shop.

          • Khrux@ttrpg.network
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            5 hours ago

            I do agree entirely. If I could use the internet of 2015 I would, but I can’t do so in a practical way that isn’t much more tedious than asking an LLM.

            My options are the least rancid butter of the rancid butter restaurants or I churn my own. I’d love to churn my own and daydream of it, but I am busy, and can barely manage to die on every other hill I’ve chosen.

            • raspberriesareyummy@lemmy.world
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              21 minutes ago

              problem is that the widespread use of (and thereby provision of your data to) LLMs contributes to the rise of totalitarian regimes, wage-slavery and destroying our planet’s ecosystem. Not a single problem in any of our lives is important enough to justify this. And convenience because we are too lazy to think for ourselves, or to do some longer (more effort) web research, is definitely not a good excuse to be complicit in murder, torture and ecoterrorism.

            • dil@lemmy.zip
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              4 hours ago

              web search isnt magically going back to how it was, and its not just search engines its every mf trying tk take advantage of seo and push their content to the top, search is going to get worse evry year, ai did speed it up by making a bunch of ai images pop up whenever you search an image