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  3. So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

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totallynotabubbdontsayaiisabub
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  • tante@tldr.nettime.orgT tante@tldr.nettime.org

    So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

    That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

    Access Denied

    favicon

    (www.cnbc.com)

    But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

    "Creators can charge up to $100,000 per post, Eckstein said.
    “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

    #totallyNotABubble #dontsayAIisabubble

    ariarhythmic@ohai.socialA This user is from outside of this forum
    ariarhythmic@ohai.socialA This user is from outside of this forum
    ariarhythmic@ohai.social
    wrote last edited by
    #9

    @tante They're burning the money they don't *actually* have on this

    tante@tldr.nettime.orgT 1 Reply Last reply
    0
    • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

      @tante They're burning the money they don't *actually* have on this

      tante@tldr.nettime.orgT This user is from outside of this forum
      tante@tldr.nettime.orgT This user is from outside of this forum
      tante@tldr.nettime.org
      wrote last edited by
      #10

      @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

      ariarhythmic@ohai.socialA mrmoore@mstdn.socialM 2 Replies Last reply
      0
      • tante@tldr.nettime.orgT tante@tldr.nettime.org

        So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

        That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

        Access Denied

        favicon

        (www.cnbc.com)

        But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

        "Creators can charge up to $100,000 per post, Eckstein said.
        “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

        #totallyNotABubble #dontsayAIisabubble

        mndflayr@metalhead.clubM This user is from outside of this forum
        mndflayr@metalhead.clubM This user is from outside of this forum
        mndflayr@metalhead.club
        wrote last edited by
        #11

        @tante

        Damn. What am I doing wrong?

        fandasin@social.linux.pizzaF 1 Reply Last reply
        0
        • tante@tldr.nettime.orgT tante@tldr.nettime.org

          @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

          ariarhythmic@ohai.socialA This user is from outside of this forum
          ariarhythmic@ohai.socialA This user is from outside of this forum
          ariarhythmic@ohai.social
          wrote last edited by
          #12

          @tante Indeed, but it's probably safe to assume part of that recklessness in spending is caused by their jump in valuation from the bubble

          It's stupid anyway, though, I don't see how that 100,000$ given to a YouTuber could provide a substantial return on investment

          sauc3@hachyderm.ioS jerrej@mastodon.socialJ 2 Replies Last reply
          0
          • holgertdittmann@ruhr.socialH holgertdittmann@ruhr.social

            @tante Meanwhile, IBM is already marketing „quantum-enabled AI“. Because executives from lots of companies believe they want it.

            Link Preview Image
            The enterprise in 2030

            AI isn’t just enhancing the business model. By 2030, it will be the business model. Here are five predictions that can help business leaders prepare to win in an AI-first future.

            favicon

            IBM (www.ibm.com)

            grouchybeast@mastodon.socialG This user is from outside of this forum
            grouchybeast@mastodon.socialG This user is from outside of this forum
            grouchybeast@mastodon.social
            wrote last edited by
            #13

            @HolgerTDittmann @tante '79% of executives say AI will significantly contribute to their revenue by 2030, but only 24% can clearly see where that revenue will come from.'

            Never have I read a clearer illustration of why the easiest way for large companies to immediately cut costs for zero downside would be to fire their executives.

            grouchybeast@mastodon.socialG 1 Reply Last reply
            0
            • grouchybeast@mastodon.socialG grouchybeast@mastodon.social

              @HolgerTDittmann @tante '79% of executives say AI will significantly contribute to their revenue by 2030, but only 24% can clearly see where that revenue will come from.'

              Never have I read a clearer illustration of why the easiest way for large companies to immediately cut costs for zero downside would be to fire their executives.

              grouchybeast@mastodon.socialG This user is from outside of this forum
              grouchybeast@mastodon.socialG This user is from outside of this forum
              grouchybeast@mastodon.social
              wrote last edited by
              #14

              @HolgerTDittmann @tante '59% of executives say quantum-enabled AI will transform their industry by 2030'.

              Jesus Christ.

              I have a new business plan. I'm going to offer a service where I will survey a company's executives to find these people, and then personally hand them a P45. My rates will be low because my job satisfaction will be immense.

              stonsoftware@mastodon.socialS 1 Reply Last reply
              0
              • tante@tldr.nettime.orgT tante@tldr.nettime.org

                So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                Access Denied

                favicon

                (www.cnbc.com)

                But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                "Creators can charge up to $100,000 per post, Eckstein said.
                “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                #totallyNotABubble #dontsayAIisabubble

                amorpheus@kind.socialA This user is from outside of this forum
                amorpheus@kind.socialA This user is from outside of this forum
                amorpheus@kind.social
                wrote last edited by
                #15

                @tante People have to believe in a product for it to be profitable. Influencers have a lot of impact on society. 600k is a small price for advertising some development that has cost billions.

                The worst thing that could happen for them is that ai gets rejected like the mini-disc.

                1 Reply Last reply
                0
                • mndflayr@metalhead.clubM mndflayr@metalhead.club

                  @tante

                  Damn. What am I doing wrong?

                  fandasin@social.linux.pizzaF This user is from outside of this forum
                  fandasin@social.linux.pizzaF This user is from outside of this forum
                  fandasin@social.linux.pizza
                  wrote last edited by
                  #16

                  @mndflayr @tante

                  You have morals and standards. 😉

                  1 Reply Last reply
                  0
                  • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                    @tante Indeed, but it's probably safe to assume part of that recklessness in spending is caused by their jump in valuation from the bubble

                    It's stupid anyway, though, I don't see how that 100,000$ given to a YouTuber could provide a substantial return on investment

                    sauc3@hachyderm.ioS This user is from outside of this forum
                    sauc3@hachyderm.ioS This user is from outside of this forum
                    sauc3@hachyderm.io
                    wrote last edited by
                    #17

                    @ariarhythmic @tante

                    I think the issue is you are applying logic to the situation.

                    ariarhythmic@ohai.socialA 1 Reply Last reply
                    0
                    • sauc3@hachyderm.ioS sauc3@hachyderm.io

                      @ariarhythmic @tante

                      I think the issue is you are applying logic to the situation.

                      ariarhythmic@ohai.socialA This user is from outside of this forum
                      ariarhythmic@ohai.socialA This user is from outside of this forum
                      ariarhythmic@ohai.social
                      wrote last edited by
                      #18

                      @sauc3 @tante ahahaha fair point

                      sauc3@hachyderm.ioS 1 Reply Last reply
                      0
                      • tante@tldr.nettime.orgT tante@tldr.nettime.org

                        So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                        That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                        Access Denied

                        favicon

                        (www.cnbc.com)

                        But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                        "Creators can charge up to $100,000 per post, Eckstein said.
                        “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                        #totallyNotABubble #dontsayAIisabubble

                        alebaffa2@famichiki.jpA This user is from outside of this forum
                        alebaffa2@famichiki.jpA This user is from outside of this forum
                        alebaffa2@famichiki.jp
                        wrote last edited by
                        #19

                        @tante they threw too much money pushing it into everything that didn't need any AI. Take Copilot in Windows, or in Office: just unnecessary.

                        But the tools for software development, i can tell you as a software engineer, that this stuff just revolutionized our field completely. It's a tectonic activity that just changed it for good. Those who deny it are those who still haven't used it seriously and in 2-3 years will be at risk, if they don't start now.

                        jaredwhite@indieweb.socialJ 1 Reply Last reply
                        0
                        • tante@tldr.nettime.orgT tante@tldr.nettime.org

                          @ariarhythmic not fully true. Microsoft and Google do have the cash. Not from "AI" revenue but from all their other sources.

                          mrmoore@mstdn.socialM This user is from outside of this forum
                          mrmoore@mstdn.socialM This user is from outside of this forum
                          mrmoore@mstdn.social
                          wrote last edited by
                          #20

                          @tante @ariarhythmic And that's the worrisome part for me. It's almost a given that most of these AI companies won't survive because they aren't profitable. But Microsoft and Google don't necessary need it to be profitable. In the end, AI will likely stick around and be controlled by one a few companies. Doesn't sound worrisome at all...

                          1 Reply Last reply
                          0
                          • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                            @sauc3 @tante ahahaha fair point

                            sauc3@hachyderm.ioS This user is from outside of this forum
                            sauc3@hachyderm.ioS This user is from outside of this forum
                            sauc3@hachyderm.io
                            wrote last edited by
                            #21

                            @ariarhythmic @tante

                            'cuz you are absolutely right, what they are doing is stupid as hell. They are ignoring all the warning klaxons going off that it seems like everyone else is very aware of, but I guess that's why they are super genius CEOs and we are just regular fools and normies.

                            I just hold out hope that when the bubble bursts, it'll take out companies like Microslop and Oracle. They'll probably get bailed out, but it is fun to dream of a world without Microsoft!

                            1 Reply Last reply
                            0
                            • alebaffa2@famichiki.jpA alebaffa2@famichiki.jp

                              @tante they threw too much money pushing it into everything that didn't need any AI. Take Copilot in Windows, or in Office: just unnecessary.

                              But the tools for software development, i can tell you as a software engineer, that this stuff just revolutionized our field completely. It's a tectonic activity that just changed it for good. Those who deny it are those who still haven't used it seriously and in 2-3 years will be at risk, if they don't start now.

                              jaredwhite@indieweb.socialJ This user is from outside of this forum
                              jaredwhite@indieweb.socialJ This user is from outside of this forum
                              jaredwhite@indieweb.social
                              wrote last edited by
                              #22

                              @alebaffa2 @tante Sorry, your scare tactics simply don't work on us. "You're at risk if you don't start now" is pure hype.

                              alebaffa2@famichiki.jpA 1 Reply Last reply
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                              • R relay@relay.mycrowd.ca shared this topic
                              • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                Access Denied

                                favicon

                                (www.cnbc.com)

                                But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                "Creators can charge up to $100,000 per post, Eckstein said.
                                “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                #totallyNotABubble #dontsayAIisabubble

                                fedihacker@masto.esF This user is from outside of this forum
                                fedihacker@masto.esF This user is from outside of this forum
                                fedihacker@masto.es
                                wrote last edited by
                                #23

                                @tante Street vendors of hair growers. Never gets old.

                                And who copes with all the externalities? Browers are doing proof of work calculations to access many websites. That's more energy consumption added.

                                1 Reply Last reply
                                0
                                • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                  So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                  That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                  Access Denied

                                  favicon

                                  (www.cnbc.com)

                                  But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                  "Creators can charge up to $100,000 per post, Eckstein said.
                                  “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                  #totallyNotABubble #dontsayAIisabubble

                                  lpryszcz@genomic.socialL This user is from outside of this forum
                                  lpryszcz@genomic.socialL This user is from outside of this forum
                                  lpryszcz@genomic.social
                                  wrote last edited by
                                  #24

                                  @tante one wonders why wouldn't they spin gen ai to market itself?

                                  1 Reply Last reply
                                  0
                                  • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                    So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                    That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                    Access Denied

                                    favicon

                                    (www.cnbc.com)

                                    But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                    "Creators can charge up to $100,000 per post, Eckstein said.
                                    “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                    #totallyNotABubble #dontsayAIisabubble

                                    rupertreynolds@hachyderm.ioR This user is from outside of this forum
                                    rupertreynolds@hachyderm.ioR This user is from outside of this forum
                                    rupertreynolds@hachyderm.io
                                    wrote last edited by
                                    #25

                                    @tante Avian Intelligence "is the future", I'm told, which is part of the reason why I'm on a #deGoogled Fairphone 4 and Linux, waiting to see if the bubble bursts, and whether we get to see any pretty colours in the moment before it does.

                                    1 Reply Last reply
                                    0
                                    • tante@tldr.nettime.orgT tante@tldr.nettime.org

                                      So. Everybody knows that "AI" is the future and inevitable and everyone loves it.

                                      That is why Microsoft and Google are paying influencers between 400K and 600K to sell their AI products:

                                      Access Denied

                                      favicon

                                      (www.cnbc.com)

                                      But hey, those are very serious businesses, they must have done their research and run their cost-benefit analyses to ensure they spend their money wisely, right? Quote:

                                      "Creators can charge up to $100,000 per post, Eckstein said.
                                      “Some of these bigger companies have so much money to spend,” he said, “that they don’t care to negotiate.”"

                                      #totallyNotABubble #dontsayAIisabubble

                                      undead@masto.hackers.townU This user is from outside of this forum
                                      undead@masto.hackers.townU This user is from outside of this forum
                                      undead@masto.hackers.town
                                      wrote last edited by
                                      #26

                                      @tante

                                      Oh, so this is why they've been firing everyone.

                                      1 Reply Last reply
                                      0
                                      • jaredwhite@indieweb.socialJ jaredwhite@indieweb.social

                                        @alebaffa2 @tante Sorry, your scare tactics simply don't work on us. "You're at risk if you don't start now" is pure hype.

                                        alebaffa2@famichiki.jpA This user is from outside of this forum
                                        alebaffa2@famichiki.jpA This user is from outside of this forum
                                        alebaffa2@famichiki.jp
                                        wrote last edited by
                                        #27

                                        @jaredwhite @tante i hope it will be so too.

                                        1 Reply Last reply
                                        0
                                        • ariarhythmic@ohai.socialA ariarhythmic@ohai.social

                                          @tante Indeed, but it's probably safe to assume part of that recklessness in spending is caused by their jump in valuation from the bubble

                                          It's stupid anyway, though, I don't see how that 100,000$ given to a YouTuber could provide a substantial return on investment

                                          jerrej@mastodon.socialJ This user is from outside of this forum
                                          jerrej@mastodon.socialJ This user is from outside of this forum
                                          jerrej@mastodon.social
                                          wrote last edited by
                                          #28

                                          @ariarhythmic @tante

                                          Compared to the running costs of AI alone, $100k is small change.

                                          Compared to the anticipated(!) revenue, it's practically free advertising.

                                          They should he paying much *more* according to their infallible business logic.

                                          1 Reply Last reply
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