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CIRCLE WITH A DOT

  1. Home
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  3. Now you can keep track of how many billions the AI companies are losing on AI.

Now you can keep track of how many billions the AI companies are losing on AI.

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machinesociety
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  • paulatothepeople@climatejustice.socialP paulatothepeople@climatejustice.social

    @MikeElgan I'd love to see stats added on how much profit they create for the fossil industry and how much funding they get from the fossil industry.

    Because that's the AI buisness model. Without AI we'd have energy transition.

    PS: Also alt text would be nice for inclusivity (not AI written of course).

    sebastian@norrebro.spaceS This user is from outside of this forum
    sebastian@norrebro.spaceS This user is from outside of this forum
    sebastian@norrebro.space
    wrote last edited by
    #12

    @PaulaToThePeople @MikeElgan

    That's one aspect - #AI as a fossil fuel support industry.
    Secondly, killing off the free information web, journalism, art, creativity for good - that's worth the initial losses.

    julesbl@mastodon.me.ukJ 1 Reply Last reply
    0
    • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

      Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

      #MachineSociety

      psyhackological@fosstodon.orgP This user is from outside of this forum
      psyhackological@fosstodon.orgP This user is from outside of this forum
      psyhackological@fosstodon.org
      wrote last edited by
      #13

      @MikeElgan they're so generous for us

      1 Reply Last reply
      0
      • dancingtreefrog@mastodon.socialD dancingtreefrog@mastodon.social

        @MikeElgan So Nvidia's making a killing...?!

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

        @dancingtreefrog
        In a gold rush sell the shovels.

        …only that in this rush the leftover shovels can't be used for something else at the same scale.

        Edit: unless by “making a killing” you mean “planning to murder us all for profit”.

        @MikeElgan

        1 Reply Last reply
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        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

          #MachineSociety

          dzwiedziu@mastodon.socialD This user is from outside of this forum
          dzwiedziu@mastodon.socialD This user is from outside of this forum
          dzwiedziu@mastodon.social
          wrote last edited by
          #15

          @MikeElgan
          CC: @davidgerard

          1 Reply Last reply
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          • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

            Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

            #MachineSociety

            elpasyou_2@mastodon.onlineE This user is from outside of this forum
            elpasyou_2@mastodon.onlineE This user is from outside of this forum
            elpasyou_2@mastodon.online
            wrote last edited by
            #16

            @MikeElgan
            And who's holding the neadle?

            1 Reply Last reply
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            • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

              Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

              #MachineSociety

              piiiepsbrummm@chaos.socialP This user is from outside of this forum
              piiiepsbrummm@chaos.socialP This user is from outside of this forum
              piiiepsbrummm@chaos.social
              wrote last edited by
              #17

              @MikeElgan #ALT4you
              Partial screenshot of the linked page. It lists companies investing into AI. It shows as a bar chart how much they spent and earned from the technology. The list is sorted by spending.

              1 Reply Last reply
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              • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                #MachineSociety

                foxontherun@mastodon.socialF This user is from outside of this forum
                foxontherun@mastodon.socialF This user is from outside of this forum
                foxontherun@mastodon.social
                wrote last edited by
                #18

                @MikeElgan For them it is ok as long as they can still fire people, makeing folks addicted, selling there Shit (their philosophie) for true to consumers, pretend that machines can be creative and emphatic. This is the biggest fake news industry ever.

                1 Reply Last reply
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                • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                  Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                  #MachineSociety

                  rhodium103@mastodon.socialR This user is from outside of this forum
                  rhodium103@mastodon.socialR This user is from outside of this forum
                  rhodium103@mastodon.social
                  wrote last edited by
                  #19

                  @MikeElgan
                  That Meta income rounding down to zero is the funniest. The company that's running its flagship website into the ground and spent billions on a VR 'verse that they canned after a month can't make income from AI? I am Jack's complete lack of surprise.

                  1 Reply Last reply
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                  • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                    Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                    #MachineSociety

                    crystal@hachyderm.ioC This user is from outside of this forum
                    crystal@hachyderm.ioC This user is from outside of this forum
                    crystal@hachyderm.io
                    wrote last edited by
                    #20

                    @MikeElgan Hmm I wonder who's benefiting from all this wasteful bullshit

                    Link Preview Image
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                    • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                      Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                      #MachineSociety

                      assimilateborg@kind.socialA This user is from outside of this forum
                      assimilateborg@kind.socialA This user is from outside of this forum
                      assimilateborg@kind.social
                      wrote last edited by
                      #21

                      @MikeElgan I first thought: bizarre, 1400 spent and 600 revenue, but the graphs say it's way less than half. Then I saw the winer at the bottom: NVIDIA. They have all the revenue.

                      gordonmessmer@fosstodon.orgG 1 Reply Last reply
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                      • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                        Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                        #MachineSociety

                        himmelssohn@social.adlerhorst.netH This user is from outside of this forum
                        himmelssohn@social.adlerhorst.netH This user is from outside of this forum
                        himmelssohn@social.adlerhorst.net
                        wrote last edited by
                        #22

                        @MikeElgan
                        Apart from NVidia, these sums would be a massive economical booster program, if the money went into real world businesses.

                        1 Reply Last reply
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                        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                          #MachineSociety

                          zjb@mastodon.socialZ This user is from outside of this forum
                          zjb@mastodon.socialZ This user is from outside of this forum
                          zjb@mastodon.social
                          wrote last edited by
                          #23

                          这网站挺直观的,红绿对比一看就知道烧钱有多猛。AI搞到现在到底能不能赚钱,感觉还早得很啊。

                          1 Reply Last reply
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                          • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                            Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                            #MachineSociety

                            T This user is from outside of this forum
                            T This user is from outside of this forum
                            thefeditest@mastodon.social
                            wrote last edited by
                            #24

                            @MikeElgan as Putin would say: "It is not a fall it is a negative growth"

                            T 1 Reply Last reply
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                            • T thefeditest@mastodon.social

                              @MikeElgan as Putin would say: "It is not a fall it is a negative growth"

                              T This user is from outside of this forum
                              T This user is from outside of this forum
                              thefeditest@mastodon.social
                              wrote last edited by
                              #25

                              @MikeElgan 🤣

                              1 Reply Last reply
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                              • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                #MachineSociety

                                T This user is from outside of this forum
                                T This user is from outside of this forum
                                turbulent@mastodon.social
                                wrote last edited by
                                #26

                                @MikeElgan Funny how OpenAI in this context looks almost profitable yet it's often predicted to go down first

                                1 Reply Last reply
                                0
                                • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                  Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                  #MachineSociety

                                  happyborg@fosstodon.orgH This user is from outside of this forum
                                  happyborg@fosstodon.orgH This user is from outside of this forum
                                  happyborg@fosstodon.org
                                  wrote last edited by
                                  #27

                                  @MikeElgan that's a great visualisation. So #Nvidia is the only company shown that is profiting. I wonder which other sectors or companies are raking it in. I was thinking cloud, but look at Amazon. Surely some are profiting? And 👍 to see where the funding is coming from.

                                  Also, I hope he'll add a time based graph so we can watch the trend, but this is awesome.

                                  gepasi@fediscience.orgG 1 Reply Last reply
                                  0
                                  • assimilateborg@kind.socialA assimilateborg@kind.social

                                    @MikeElgan I first thought: bizarre, 1400 spent and 600 revenue, but the graphs say it's way less than half. Then I saw the winer at the bottom: NVIDIA. They have all the revenue.

                                    gordonmessmer@fosstodon.orgG This user is from outside of this forum
                                    gordonmessmer@fosstodon.orgG This user is from outside of this forum
                                    gordonmessmer@fosstodon.org
                                    wrote last edited by
                                    #28

                                    @assimilateborg @MikeElgan Well... maybe. NVIDIA seems to be lending money to the frontier corporations in order to buy its own hardware, creating circular spending that inflates its stock price.

                                    Bloomberg - Are you a robot?

                                    favicon

                                    (www.bloomberg.com)

                                    1 Reply Last reply
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                                    • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                      Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                      #MachineSociety

                                      hatter@metasocial.comH This user is from outside of this forum
                                      hatter@metasocial.comH This user is from outside of this forum
                                      hatter@metasocial.com
                                      wrote last edited by
                                      #29

                                      @MikeElgan Can we get NVidia and Micron in there for a bit of balance please ?

                                      wortex17@mastodon.gamedev.placeW 1 Reply Last reply
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                                      • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                        Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                        #MachineSociety

                                        soozcat@vmst.ioS This user is from outside of this forum
                                        soozcat@vmst.ioS This user is from outside of this forum
                                        soozcat@vmst.io
                                        wrote last edited by
                                        #30

                                        @MikeElgan Faster, Amazon, faster! Let's see you catch on fire!

                                        1 Reply Last reply
                                        0
                                        • mikeelgan@mastodon.socialM mikeelgan@mastodon.social

                                          Now you can keep track of how many billions the AI companies are losing on AI. (Red is spending, green is revenue.) https://isaiprofitable.com/

                                          #MachineSociety

                                          xs4me2@mastodon.socialX This user is from outside of this forum
                                          xs4me2@mastodon.socialX This user is from outside of this forum
                                          xs4me2@mastodon.social
                                          wrote last edited by
                                          #31

                                          @MikeElgan

                                          Imagine all that money being spent on healthcare, education, housing, infrastructure, sustainable energy and poverty?

                                          1 Reply Last reply
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