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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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  • julesbl@mastodon.me.ukJ julesbl@mastodon.me.uk

    @bob_zim @sebastian @PaulaToThePeople @MikeElgan
    I'm not sure about that, the shear vast amounts of debt are big even for these big companies, but time will tell

    bob_zim@infosec.exchangeB This user is from outside of this forum
    bob_zim@infosec.exchangeB This user is from outside of this forum
    bob_zim@infosec.exchange
    wrote last edited by
    #75

    @julesbl @sebastian @PaulaToThePeople @MikeElgan I’m mostly joking about how stock-market-focused capitalism heavily incentivizes looking good for the current quarter, then bailing out before people outside realize you did it by selling off all the buildings and signing extortionate leases for those same buildings. Or by laying off all the people who actually make the product the company sells. Etc.

    When the lack of good training data becomes a problem, the current heads will bail out before it becomes public knowledge how bad the situation is. Or they’ll be “fired” with hundreds of millions of dollars in severance. They’re incentivized to not care.

    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

      bronsen@chaos.socialB This user is from outside of this forum
      bronsen@chaos.socialB This user is from outside of this forum
      bronsen@chaos.social
      wrote last edited by
      #76

      @MikeElgan what even is money?

      1 Reply Last reply
      0
      • sebastian@norrebro.spaceS sebastian@norrebro.space

        @KennedyRichard @cohentheblue @julesbl @PaulaToThePeople @MikeElgan

        These content creators might not even see the spikes anymore, though, let alone be rewarded for them.
        Everything they d see is crawlers.
        Their content would be presented, and capitalized on, by those who run the centralized gateways.

        kennedyrichard@fosstodon.orgK This user is from outside of this forum
        kennedyrichard@fosstodon.orgK This user is from outside of this forum
        kennedyrichard@fosstodon.org
        wrote last edited by
        #77

        @sebastian @cohentheblue @julesbl @PaulaToThePeople @MikeElgan

        Yep. As I said, I don't have a solution. I just think we can't stop creating because of that. If we do, by the time we find a solution, there will be only slop.

        1 Reply Last reply
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        • sebastian@norrebro.spaceS sebastian@norrebro.space

          @KennedyRichard @cohentheblue @julesbl @PaulaToThePeople @MikeElgan

          These content creators might not even see the spikes anymore, though, let alone be rewarded for them.
          Everything they d see is crawlers.
          Their content would be presented, and capitalized on, by those who run the centralized gateways.

          kennedyrichard@fosstodon.orgK This user is from outside of this forum
          kennedyrichard@fosstodon.orgK This user is from outside of this forum
          kennedyrichard@fosstodon.org
          wrote last edited by
          #78

          @sebastian @cohentheblue @julesbl @PaulaToThePeople @MikeElgan At the very least we should encourage individuals to have their own domains and publish their own content. There's no need for fancy websites, either. Simple text-based websites with meaningful content are the last holdout of a useful internet.

          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

            jeffmcneill@hachyderm.ioJ This user is from outside of this forum
            jeffmcneill@hachyderm.ioJ This user is from outside of this forum
            jeffmcneill@hachyderm.io
            wrote last edited by
            #79

            @MikeElgan where are the Chinese AI? Deepseek, Alibaba, Moonshot, Zhipu, High-Flyer, etc.

            1 Reply Last reply
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            • kennedyrichard@fosstodon.orgK kennedyrichard@fosstodon.org

              @sebastian @julesbl @PaulaToThePeople @MikeElgan Can't personal websites help with that?

              Genuinely asking, not trying to be a smartass. I know the outlook isn't good, just thought that people should do their part individually as well.

              I know creating and maintaining content isn't easy, nor cheap. But perhaps what the internet lacks is more people making simpler websites with real content. An interconnected yet decentralized/independent web of real content, like we had in the past.

              derderwish@social.chaotikum.orgD This user is from outside of this forum
              derderwish@social.chaotikum.orgD This user is from outside of this forum
              derderwish@social.chaotikum.org
              wrote last edited by
              #80

              @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
              One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

              Link Preview Image
              jwz (@jwz@mastodon.social)

              Attached: 1 image The AI botnets cannot be stopped. I am constantly getting scrape attempts for avatar-image-JPEG URLs that have not existed on my blog since a restructuring in 2022. They come in bursts of about a 100 per minute, each from a different IP address, and in random order. I thought: enough is enough, I need to figure out what clown service these are coming from and start blocking whole networks. Nope, they're almost all from cable modems, not from hosting facilities: https://jwz.org/b/yk7g

              favicon

              Mastodon (mastodon.social)

              kennedyrichard@fosstodon.orgK 3 Replies 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

                paul@oldfriends.liveP This user is from outside of this forum
                paul@oldfriends.liveP This user is from outside of this forum
                paul@oldfriends.live
                wrote last edited by
                #81

                @MikeElgan Should Nvidia even be on the list considering their AI profits, if I am not mistaken, is because of the datacenter infrastructure buildup and not actually doing "AI" tasks like the other companies bank, or not banking any yet, on..

                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

                  L This user is from outside of this forum
                  L This user is from outside of this forum
                  luigilungo@mastodon.social
                  wrote last edited by
                  #82

                  @MikeElgan 😂 it’s funny but at the same time not funny with all the energy burn for literally nothing…

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                  0
                  • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

                    @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
                    One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

                    Link Preview Image
                    jwz (@jwz@mastodon.social)

                    Attached: 1 image The AI botnets cannot be stopped. I am constantly getting scrape attempts for avatar-image-JPEG URLs that have not existed on my blog since a restructuring in 2022. They come in bursts of about a 100 per minute, each from a different IP address, and in random order. I thought: enough is enough, I need to figure out what clown service these are coming from and start blocking whole networks. Nope, they're almost all from cable modems, not from hosting facilities: https://jwz.org/b/yk7g

                    favicon

                    Mastodon (mastodon.social)

                    kennedyrichard@fosstodon.orgK This user is from outside of this forum
                    kennedyrichard@fosstodon.orgK This user is from outside of this forum
                    kennedyrichard@fosstodon.org
                    wrote last edited by
                    #83

                    @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan But I'm not presenting the need to create and publish content as a solution. I'm presenting it as a necessary measure to ensure content exists if we ever find a solution. If we stop creating content, there will be no content when or if the actual problem ever go away.

                    1 Reply Last reply
                    0
                    • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

                      @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
                      One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

                      Link Preview Image
                      jwz (@jwz@mastodon.social)

                      Attached: 1 image The AI botnets cannot be stopped. I am constantly getting scrape attempts for avatar-image-JPEG URLs that have not existed on my blog since a restructuring in 2022. They come in bursts of about a 100 per minute, each from a different IP address, and in random order. I thought: enough is enough, I need to figure out what clown service these are coming from and start blocking whole networks. Nope, they're almost all from cable modems, not from hosting facilities: https://jwz.org/b/yk7g

                      favicon

                      Mastodon (mastodon.social)

                      kennedyrichard@fosstodon.orgK This user is from outside of this forum
                      kennedyrichard@fosstodon.orgK This user is from outside of this forum
                      kennedyrichard@fosstodon.org
                      wrote last edited by
                      #84

                      @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan I mean, there has to be some way to deal with those attacks, right? First of all, small creators aren't targeted by that, right? Also, I thought dealing with that was the job of the hosting providers, is it not?

                      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

                        ctandgleads@mastodon.socialC This user is from outside of this forum
                        ctandgleads@mastodon.socialC This user is from outside of this forum
                        ctandgleads@mastodon.social
                        wrote last edited by
                        #85

                        @MikeElgan This is needed

                        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

                          vampgun@mastodon.socialV This user is from outside of this forum
                          vampgun@mastodon.socialV This user is from outside of this forum
                          vampgun@mastodon.social
                          wrote last edited by
                          #86

                          @MikeElgan everyone is broke except nvidia apparently

                          1 Reply Last reply
                          0
                          • derderwish@social.chaotikum.orgD derderwish@social.chaotikum.org

                            @KennedyRichard @sebastian @julesbl @PaulaToThePeople @MikeElgan
                            One problem with that idea is that the crawler from the LLMs are enormously crappy designed and will lead to noticeable traffic.

                            Link Preview Image
                            jwz (@jwz@mastodon.social)

                            Attached: 1 image The AI botnets cannot be stopped. I am constantly getting scrape attempts for avatar-image-JPEG URLs that have not existed on my blog since a restructuring in 2022. They come in bursts of about a 100 per minute, each from a different IP address, and in random order. I thought: enough is enough, I need to figure out what clown service these are coming from and start blocking whole networks. Nope, they're almost all from cable modems, not from hosting facilities: https://jwz.org/b/yk7g

                            favicon

                            Mastodon (mastodon.social)

                            kennedyrichard@fosstodon.orgK This user is from outside of this forum
                            kennedyrichard@fosstodon.orgK This user is from outside of this forum
                            kennedyrichard@fosstodon.org
                            wrote last edited by
                            #87

                            @derderwish @sebastian @julesbl @PaulaToThePeople @MikeElgan Also, these businesses providing AI are finally having to justify their non-profitability and AI is finally starting to get expensive. I can't see how these attacks can keep going in a sustainable way, right? Who will cover those costs, with which money? It seems to me AI already started the process of getting to the tail end of the Gartner Hype Cycle chart. And it can't get there fast enough.

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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

                              independentpen@mas.toI This user is from outside of this forum
                              independentpen@mas.toI This user is from outside of this forum
                              independentpen@mas.to
                              wrote last edited by
                              #88

                              @MikeElgan now do how many jobs they're generating

                              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

                                h4heights@mstdn.socialH This user is from outside of this forum
                                h4heights@mstdn.socialH This user is from outside of this forum
                                h4heights@mstdn.social
                                wrote last edited by
                                #89

                                @MikeElgan
                                The kicker will be when enough business’s and government are hooked on the AI kool-aid, the prices will go up even higher than the energy bills we already have to pay to keep the dystopia running.

                                Estamos bien jodidos, seems apposite.

                                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

                                  sassinake@mastodon.socialS This user is from outside of this forum
                                  sassinake@mastodon.socialS This user is from outside of this forum
                                  sassinake@mastodon.social
                                  wrote last edited by
                                  #90

                                  @MikeElgan

                                  Money being what it is - an illusion controlled by the banks -

                                  It is used to buy power over the quality of life of a certain group.

                                  it does not matter how much 'money' ai is wasting: it is merely buying that inescapable power over other humans.

                                  Power to starve, kill, maim, rape, enslave.

                                  Slavers will pay ANY price to have that power.

                                  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

                                    freevolt24@mastodon.socialF This user is from outside of this forum
                                    freevolt24@mastodon.socialF This user is from outside of this forum
                                    freevolt24@mastodon.social
                                    wrote last edited by
                                    #91

                                    @MikeElgan Amazon lost the money that I (probably) won't be able to collect in my entire life within seconds. Good.

                                    1 Reply Last reply
                                    0
                                    • pier@infosec.exchangeP This user is from outside of this forum
                                      pier@infosec.exchangeP This user is from outside of this forum
                                      pier@infosec.exchange
                                      wrote last edited by
                                      #92

                                      @nick_appleyard @MikeElgan I love how their “Enterprise Applications” are going to capture roughly 400% of the total worldwide IT spend. Can we please make fraud illegal again?

                                      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

                                        jbaggs@infosec.exchangeJ This user is from outside of this forum
                                        jbaggs@infosec.exchangeJ This user is from outside of this forum
                                        jbaggs@infosec.exchange
                                        wrote last edited by
                                        #93

                                        @MikeElgan "Losing", or just moving around?

                                        1 Reply Last reply
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                                        • only_ohm@mas.toO only_ohm@mas.to

                                          @MikeElgan And yet there's no sign of the shareholders suing the directors for failing in their fiduciary duties, which I presume means the shareholders are bent as nine bob notes too.

                                          bookandswordblog@scholar.socialB This user is from outside of this forum
                                          bookandswordblog@scholar.socialB This user is from outside of this forum
                                          bookandswordblog@scholar.social
                                          wrote last edited by
                                          #94

                                          @only_ohm @MikeElgan big tech does not operate like a real business ruled by P&L, but more like an ancient prince who funds an alchemist and a theatre troupe out of the money his underlings extract (smaller VC tech operates like P.T. Barnum if his hicks were very rich men in California) https://www.bookandsword.com/resources/the-political-economy-of-american-tech-companies-since-2008/

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