The comment sections of these types of posts are always entertaining.
You have the “bubble” posters who learned of this word after 2008 and leap with excitement as they have successfully predicted the last 47 of 2 bubbles since 2008.
This article is such a nothing burger. No, it won’t implode. No, it won’t disappear into nothingness. It’s a hyper growth tech company that have historically always operated on losses QoQ often with very thin cash runways until they are forced to become profitable. Then if they still are unable they will do what every other unprofitable tech company does
grim picture
the picture:
And the downsides?
Not soon enough.
AI isn’t going to dissappear just like crypto, but god damn does this bubble need to implode.
Hardware market is so screwed that not even the ripoff listings on Ali express can keep up.
Let’s hope it happens sooner. Same with all the other AI shit.
Why can’t they just ask ChatGPT how to make more money?
“Computer, I followed your plan and got a trillion dollars. How do I turn a profit from my formerly nonprofit company?”
“Ask for another free trillion dollars”
Because the answer is unlikely to be factually correct and thus unlikely to be useful.
And they are trying to sell that? Dang.
Ask chatgpt how to make them LOSE more money.
Sam Altman needs to be thrown in prison for fraud like Sam Bankman-Fried.
🤞
Run out faster
Mid 2026 would be much better!
Or even early 2026. It’s still not too late.
God I hope it just fucking collapses and pulls every other tech company down with them. I’m so fucking sick and tired of coworkers thinking ChatGPT is the most perfect thing that has ever been made. Every single fucking time I’m searching for something I’m asked “Why don’t you just ask ChatGPT”. They will not shut the fuck up, even when I show them ChatGPT is completely full of shit. Want it to write a simple 40 line script for Excel? Sure, just spend 30 minutes telling it, its code doesn’t fucking work, because it’s trying to use functions that don’t excist. “You’re totally right, and so clever for pointing that out! Here’s an updated script that takes that into account”, still doesn’t fucking work.
Sure, just spend 30 minutes telling it, its code doesn’t fucking work, because it’s trying to use functions that don’t excist
I feel this, after searching for packages in apt that not only don’t exist for debian, but in general
Can sometimes help to edit your previous message with additional instructions and regenerating rather than responding to ask for a correction. Also copy pasting documentation and code examples with syntax that is real into the prompt. Might also try something other than ChatGPT since OpenAI sucks in general.
Or just you know, learn how to code and do it yourself?
I for one would really prefer not to spend brain space on things like Excel scripting syntax. I haven’t actually tried current frontier models but every LLM I’ve used isn’t good enough to actually get good results vibe coding without applying some of your own programming knowledge, so I think you’d still want to learn regardless.
Brains are elastic and the more you put into them the better they work.
And the cool part is that the USA stock market gains for the last couple years are based on OpenAI (and others) promising to buy stuff sometime in the future to build their data centres, which in turn spins into reinvestment in the company and a giant circlejerk.
AKA a Ponzi scheme. If you think watching the Twin Towers collapse in NYC was frightening, wait until this house of cards falls.
if you thought the bank bailouts in 08 were ridiculous, just wait until the AI bailouts
With what money? Trump is adding a trillion in debt every six months and we are running out of allies
are you under the assumption that GOP has any qualms whatsoever about robbing the american taxpayer of every red cent, if it means enlarging the profits of billionaires at the expense of the 99%?
The difference is that for decades the flight to safety has been the US dollar in economic downturns. Now, people can’t wait to dump the dollar; the flight to safety has been shifting to gold, silver, and even the Yuan.
When the bubble pops, it’ll be be an economic fuckening we’ve likely not seen.
Starting to wonder if it’s worth turning some of my savings to regular ass gold.
You are most certainly not alone; I’ve seen skeptics say that it’s doomsday-prep-crazy, but any statements like that are, in my opinion, denialism in this day in age. A regular savings account isn’t a viable place to store absolutely all of your money, even since before the Trump admin started fucking things up. A diversified portfolio with safe investments after a certain point is the ideal way to handle it.
Only difference now, is that what a “safe investment” has mutated into is something else now; not to mention how little people can afford to save money. Do what you can to take care of yourself with what you have man.
No but just like South Africa cannot sell trillions in debt, soon the US will not either because we are quick alienating the world and trading partners. If people do not think the US is credible and viable, nobody buys our debt
This is the most gigantic candy in the coal mine almost nobody is talking about!!!
US debt has been growing like crazy since before I was born, and the biggest way we float it is by selling it with low interest bonds that were always a safe investment which is why so many of the world’s richest people parked their money here. Now we are seen as less safe and the US bond market is starting to show a world reversal of that sentiment.
When nobody is buying our bonds, the talk you’ve been hearing about inflation for the past two years will seem like a welcome respite.
Also banks going bankrupt can do incredible damage (this is why I’m a strong opponent to private banking. They should be public services, not for-profit corpos). Tech companies going under is bad but not too-big-to-fail bad.
The assumes that retirement and savings accounts don’t invest in the tech companies.
He sees this as a temporary problem for AI providers, though, as agentic AI becomes more entrenched in daily people’s lives, it’ll become harder to switch, as the bots should eventually have all your shopping preferences, aspirations, and emotional profile mapped out —perhaps even better than yourself.
God what a dystopian sentence that is.
That’s assuming millions of people switch to agentic browsers and use them agentically. A big assumption.
There’s easily millions of people in the US alone that do not know any better and will do exactly that.
They will just resell all the RAM they just purchased at 5x the cost.
They’ll try, but we’re already getting by on old DDR3 chips. I imagine a few unlucky companies with no other options are screwed, but most consumers are just going to wait for the price you crash.
arnt the AI chips mostly unusuable for consumers.
Ram chips are interchangeable. It’s only the interface between the chip and mainboard that differs. So they are easily removed and put onto standard dimm/sodimm boards. The processors can not completely useless either, just maybe slightly more powerful than most consumer need.
OpenAI: Taps forehead Modern problems require modern solutions
Are anthropic, perplexity or Gemini as a product making any money?
nope, why do you think google is trying to jam gemini into all its services, and thier AI VIDEO creation is showing up on youtube.
Noooooooo I don’t believe so. It’s the standard bullshit of burning hard and forgetting to make any actual profit.
