I think all AI companies are just trying to exist at as low prices as possible for as long as possible so that enough companies have time to implement AI into their company infrastructure.

Once the dependence on AI for work flows is locked in they raise the prices.

It will be a interesting time of a big AI bubble burst..... And sadly also bad for many individuals losing their jobs in the companies that can't revert in time.

Dumb CEOs will then again just get more money in the form of hidden compensation packages while the average Joe will have to do.. Something.

Well, if AI drops down out of dumb hype into a normal spectrum it's probably worth it.

[–] MBech@feddit.dk 150 points 4 months ago (10 children)

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.

[–] wewbull@feddit.uk 1 points 1 day ago

I've explained to to some people as "when I speak a language fluently, I'm not going to use Google translate to communicate". Vibe coding is amazing for people who aren't fluent, where they can translate between English and python (or whatever language of choice is).

I know exactly what I want to say, and English isn't a more convenient language for me to express it in

[–] Skullgrid@lemmy.world 49 points 4 months ago

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

[–] LiveLM@lemmy.zip 7 points 4 months ago (1 children)

"But but but didn't prompt it right bro"
🫩

[–] ZILtoid1991@lemmy.world 1 points 1 day ago

If it needs to be "prompted right", its faultry.

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[–] CompactFlax@discuss.tchncs.de 85 points 4 months ago (1 children)

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.

[–] DarrinBrunner@lemmy.world 75 points 4 months ago (1 children)

AKA a Ponzi scheme. If you think watching the Twin Towers collapse in NYC was frightening, wait until this house of cards falls.

[–] U7826391786239@lemmy.zip 48 points 4 months ago (1 children)

if you thought the bank bailouts in 08 were ridiculous, just wait until the AI bailouts

[–] Akh@lemmy.world 34 points 4 months ago (3 children)

With what money? Trump is adding a trillion in debt every six months and we are running out of allies

[–] U7826391786239@lemmy.zip 25 points 4 months ago (2 children)

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%?

[–] n4ch1sm0@piefed.social 24 points 4 months ago* (last edited 4 months ago) (2 children)

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.

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[–] Akh@lemmy.world 10 points 4 months ago (1 children)

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

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[–] orenj@lemmy.sdf.org 56 points 4 months ago (1 children)

Run out faster

[–] nuko147@lemmy.world 20 points 4 months ago (1 children)

Mid 2026 would be much better!

[–] athatet@lemmy.zip 8 points 4 months ago

Or even early 2026. It’s still not too late.

[–] timbuck2themoon@sh.itjust.works 49 points 4 months ago (1 children)

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.

[–] hayvan@piefed.world 18 points 4 months ago (2 children)

That's assuming millions of people switch to agentic browsers and use them agentically. A big assumption.

[–] SunshineJogger@feddit.org 2 points 1 day ago

You overestimate the critical thinking capabilities of your fellow humans.

Also some just don't care anymore. I was close to not caring anymore too often due to how depressing the past few years have been for many things.

[–] Omgpwnies@lemmy.world 11 points 4 months ago

There's easily millions of people in the US alone that do not know any better and will do exactly that.

[–] riskable@programming.dev 27 points 4 months ago (5 children)

My conspiracy theory: The plan is to fail and sell the data centers to Microsoft for pennies on the dollar.

[–] ramble81@lemmy.zip 1 points 1 day ago

Microsoft has their own problems. Copilot only has a 4% adoption rate and Microsoft has increased the price of M365 to offset costs. They’re probably trying to figure out how to repurpose what they have, let alone take on more.

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[–] expatriado@lemmy.world 23 points 4 months ago (3 children)

building my next pc late 2027 then

[–] FartsWithAnAccent@fedia.io 27 points 4 months ago

Bold of you to assume these companies won't just keep price gouging us, they've done it before.

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[–] thoughtfuldragon@lemmy.blahaj.zone 19 points 4 months ago

Wish it were sooner

[–] wonderingwanderer@sopuli.xyz 18 points 4 months ago

grim picture

the picture:

[–] harmbugler@piefed.social 18 points 4 months ago (3 children)

Why can’t they just ask ChatGPT how to make more money?

[–] Knock_Knock_Lemmy_In@lemmy.world 10 points 4 months ago (2 children)

That was Sam's plan.

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[–] Chais@sh.itjust.works 7 points 4 months ago* (last edited 4 months ago) (1 children)

Because the answer is unlikely to be factually correct and thus unlikely to be useful.

[–] harmbugler@piefed.social 5 points 4 months ago

And they are trying to sell that? Dang.

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[–] FartsWithAnAccent@fedia.io 14 points 4 months ago

Too long, these assholes are fucking up everything from the economy to medicine at great individual and societal cost.

[–] kokesh@lemmy.world 13 points 4 months ago

Let's hope it happens sooner. Same with all the other AI shit.

[–] Nangijala@feddit.dk 10 points 4 months ago (1 children)

I'm smart enough to know that when the bubble bursts it's going to mess with the world economy, apparently way worse than the 2008 recession, but I'm too stupid to understand why. I just hear people say things and it would be nice to see these assholes get wrecked for once and not just rake in some cash and dip in time while the rest of the world is left to pay the clean up bill for a party they were never invited to.

I mean, I watched the big short and the only thing I understood from that movie was that the bad guys won and everybody else lost. So I am sorta preparing for the worst here xD

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[–] SuiXi3D@fedia.io 10 points 4 months ago

May it happen even sooner.

[–] Zizzy@lemmy.blahaj.zone 9 points 4 months ago

Id say i cant wait, but theyll probably get bailed out and everything will become more expensive as the economy crashes. So thats cool

[–] st3ph3n@midwest.social 9 points 4 months ago

Burn baby burn

[–] fubbernuckin@lemmy.dbzer0.com 8 points 4 months ago (1 children)

God I hope it all collapses before the end of trumps term.

[–] Mouselemming@sh.itjust.works 8 points 4 months ago

God I hope it all collapses <immediately, and causes> ... the end of trumps term.

[–] mlg@lemmy.world 6 points 4 months ago

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.

[–] Zanathos@lemmy.world 5 points 4 months ago (4 children)

They will just resell all the RAM they just purchased at 5x the cost.

[–] cm0002@toast.ooo 5 points 4 months ago* (last edited 4 months ago)

OpenAI: Taps forehead

Modern problems require modern solutions

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[–] blazeknave@lemmy.world 5 points 4 months ago (3 children)

Are anthropic, perplexity or Gemini as a product making any money?

[–] Scrollone@feddit.it 2 points 1 day ago (1 children)

No AI apps are making money as of now (and probably most of them never will).

They're just trying to survive until company workflows are completely based on them and can't stop using them; then they're going to raise prices.

But I think most companies will fail next year, destroying the market.

[–] blazeknave@lemmy.world 1 points 10 hours ago

Like startups in general when you put it that way tbh

[–] Baggie@lemmy.zip 5 points 4 months ago

Noooooooo I don't believe so. It's the standard bullshit of burning hard and forgetting to make any actual profit.

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[–] ArmchairAce1944@discuss.online 5 points 4 months ago

Sam Altman needs to be thrown in prison for fraud like Sam Bankman-Fried.

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