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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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  • 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
    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

      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
      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

        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
          0
          • 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
                    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

                      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
                        0
                        • dancingtreefrog@mastodon.socialD dancingtreefrog@mastodon.social

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

                          normjess@tech.lgbtN This user is from outside of this forum
                          normjess@tech.lgbtN This user is from outside of this forum
                          normjess@tech.lgbt
                          wrote last edited by
                          #32

                          @dancingtreefrog @MikeElgan
                          Nvidia is selling the rest of the companies graphics cards to do AI

                          its making a killing off people wasting money

                          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

                            finestructure@mastodon.socialF This user is from outside of this forum
                            finestructure@mastodon.socialF This user is from outside of this forum
                            finestructure@mastodon.social
                            wrote last edited by
                            #33

                            @MikeElgan I was wondering how on earth they got to >600B revenue in total until I scrolled down far enough to see NVIDIA 🤪

                            1 Reply Last reply
                            0
                            • hatter@metasocial.comH hatter@metasocial.com

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

                              wortex17@mastodon.gamedev.placeW This user is from outside of this forum
                              wortex17@mastodon.gamedev.placeW This user is from outside of this forum
                              wortex17@mastodon.gamedev.place
                              wrote last edited by
                              #34

                              @hatter @MikeElgan nvidia is there on the page, just not on the screenshot

                              hatter@metasocial.comH 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

                                reiddragon@fedi.catto.gardenR This user is from outside of this forum
                                reiddragon@fedi.catto.gardenR This user is from outside of this forum
                                reiddragon@fedi.catto.garden
                                wrote last edited by
                                #35
                                @MikeElgan it's so funny how the one company making money is the one selling shovels
                                1 Reply Last reply
                                0
                                • sebastian@norrebro.spaceS sebastian@norrebro.space

                                  @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 This user is from outside of this forum
                                  julesbl@mastodon.me.ukJ This user is from outside of this forum
                                  julesbl@mastodon.me.uk
                                  wrote last edited by
                                  #36

                                  @sebastian @PaulaToThePeople @MikeElgan
                                  The funny thing is that they utterly depend on those industries for content to train their lying machines, so its a bit hard to see a future for those machines

                                  sebastian@norrebro.spaceS bob_zim@infosec.exchangeB 2 Replies Last reply
                                  0
                                  • wortex17@mastodon.gamedev.placeW wortex17@mastodon.gamedev.place

                                    @hatter @MikeElgan nvidia is there on the page, just not on the screenshot

                                    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
                                    #37

                                    @Wortex17 Ah so it is - nice contrast.

                                    1 Reply Last reply
                                    0
                                    • julesbl@mastodon.me.ukJ julesbl@mastodon.me.uk

                                      @sebastian @PaulaToThePeople @MikeElgan
                                      The funny thing is that they utterly depend on those industries for content to train their lying machines, so its a bit hard to see a future for those machines

                                      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
                                      #38

                                      @julesbl @PaulaToThePeople @MikeElgan
                                      Yes, that might become interesting ... Snake choking on its own tail ... Or rather its own excrements.
                                      Perhaps new models of monetization? Content sweatshops (well, we kinda have those already)?
                                      The degradation already shows ... The web drowning in its own slop.

                                      kennedyrichard@fosstodon.orgK 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

                                        trenchworms@eldritch.cafeT This user is from outside of this forum
                                        trenchworms@eldritch.cafeT This user is from outside of this forum
                                        trenchworms@eldritch.cafe
                                        wrote last edited by
                                        #39

                                        @MikeElgan

                                        Omg bookmarked immediately.

                                        I'm under the impression that Midjourney is profitable? (at least for now, lawsuits pending)

                                        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

                                          natha@fosstodon.orgN This user is from outside of this forum
                                          natha@fosstodon.orgN This user is from outside of this forum
                                          natha@fosstodon.org
                                          wrote last edited by
                                          #40

                                          @MikeElgan pure insanity

                                          1 Reply Last reply
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