I am LOVING seeing so many AI projects being paused or binned.
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I am LOVING seeing so many AI projects being paused or binned.
There’s one silver lining in the mass layoffs, they can’t lay off their absurd investment in power, cooling, and hardware. Loss adjusters and liquidators are rubbing their hands with glee.
Also, many silicon spinners are demanding 5 year agreements on production. It’s go big or go home time, and there will be some casualties.
One org I reluctantly work with pivoted their entire operating model to AI and agents, and they royally screwed their staff over.
They’re now hiring them as consultants at twice their original salary as everything fell on it’s arse, and who knew that go to market suits with a prompt can’t keep infrastructure or business running. Hilariously I know one engineer negotiated a one-sided 12 month contract notice period.
These people are going to get desperate, fast. Fetch the s’mores and let em roast.
Also, the genius who figures out what to do with all that CPU they are building out will be in a good negotiating position.
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@patrick_h_lauke i know we’re all a bit biased here, but I have legit not heard a single good argument about any downside to replacing these dumbass ceos with an LLM agent. If everyone else keeps their jobs and works competently, in what way would a difference be detectable in the end?
@Crovanian @patrick_h_lauke the only downsides I can think of are the ecological downsides of using LLMs, the social implications of letting a technology with oppression built in make all the executive decisions, and extra money going to the shareholders
Then again, considering CEOs tend to have private jets, be white supremacists, and be one of the shareholders... I'm not sure anything would actually change
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I've seen so many AI CEOs or people with close relationships to projects driven by AI getting real mad at the lack of positive sentiment to their work too. See https://github.com/anomalyco/opencode/issues/10416 and https://github.com/NixOS/nixpkgs/pull/423186#issuecomment-3919469369
@matthewcroughan @SecurityWriter whew, "Home Buyers" in a privacy policy
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@n_dimension @gparenti @gpshewan @ramsey @SecurityWriter Plenty of insurers are using AI themselves--but they cover their asses by running AI copy/contract terms past their in-house lawyers.
@LPerry2 @n_dimension @gparenti @gpshewan @ramsey @SecurityWriter
... you hope.
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I am LOVING seeing so many AI projects being paused or binned.
There’s one silver lining in the mass layoffs, they can’t lay off their absurd investment in power, cooling, and hardware. Loss adjusters and liquidators are rubbing their hands with glee.
Also, many silicon spinners are demanding 5 year agreements on production. It’s go big or go home time, and there will be some casualties.
One org I reluctantly work with pivoted their entire operating model to AI and agents, and they royally screwed their staff over.
They’re now hiring them as consultants at twice their original salary as everything fell on it’s arse, and who knew that go to market suits with a prompt can’t keep infrastructure or business running. Hilariously I know one engineer negotiated a one-sided 12 month contract notice period.
These people are going to get desperate, fast. Fetch the s’mores and let em roast.
It’s a new gold rush…
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@gpshewan @SecurityWriter That’s what I mean. The CEOs are already beginning the shift to spin what’s coming, to make it more palatable to investors, because the bill is about to come due, and the promises haven’t been kept.
@ramsey @gpshewan I hope you‘re right. I am seeing a lot of frustration with the lack of delivery but at the same time in our org management is doubling down after Claude has been better at delivering and it is hailed as the turning point when it finally is starting to be as good as we need it.
And in some ways it’s true, I still need to do handholding and lay out the design but the coding part is much more reliable. The productivity increase is maybe not 10x though, more like 2-3x. -
@gpshewan @ramsey @SecurityWriter Another is that at least the US government won't be likely to toss a bailout with the amount of gridlock in DC, so they're not easily going to get dump trucks of free money.
@JessTheUnstill @gpshewan @ramsey @SecurityWriter
If Argentina can get billions for going fash, better believe tech-bros expect more and better for going all in. Bailouts for me, but not for thee- this is 1000% the most libertarian thing to do.
A soft landing is why AI capital is busy buying up the California Democratic Party and Newsom.
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I am LOVING seeing so many AI projects being paused or binned.
There’s one silver lining in the mass layoffs, they can’t lay off their absurd investment in power, cooling, and hardware. Loss adjusters and liquidators are rubbing their hands with glee.
Also, many silicon spinners are demanding 5 year agreements on production. It’s go big or go home time, and there will be some casualties.
One org I reluctantly work with pivoted their entire operating model to AI and agents, and they royally screwed their staff over.
They’re now hiring them as consultants at twice their original salary as everything fell on it’s arse, and who knew that go to market suits with a prompt can’t keep infrastructure or business running. Hilariously I know one engineer negotiated a one-sided 12 month contract notice period.
These people are going to get desperate, fast. Fetch the s’mores and let em roast.
@SecurityWriter but RAM is now triple the price. I would adapt my initial asked salary to the current RAM price. Of course not to future values...
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@unlofl @SecurityWriter this is a good point that's getting me kind of excited about the future of the web. If hardware floods the market because corporations give up on making AI profitable, and internet users are all tired of the shit those corporations have been pulling with it... I bet we're approaching a turning point towards decentralization and community infrastructure
@raphaelmorgan @unlofl @SecurityWriter the equivalent crash after the Dotcom bubble- leaving cheap hardware and jobless engineers- is what gave us Web 2.0.
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@JessTheUnstill @gpshewan @ramsey @SecurityWriter
If Argentina can get billions for going fash, better believe tech-bros expect more and better for going all in. Bailouts for me, but not for thee- this is 1000% the most libertarian thing to do.
A soft landing is why AI capital is busy buying up the California Democratic Party and Newsom.
@OvertonDoors @JessTheUnstill @gpshewan @ramsey it’s paying them with money it doesn’t have.
At some point, the VC vultures are going to want an ROI.
OpenAI are generating only $20B in revenue as of Feb. They have a $18B burn rate, and a $640B data centre bill.
They need another $220B to actualise their growth target.
Users growth (cumulative, not including non-retention) are forecasted to flatline in the next 24 months.
That is not a money making venture.
The AI silicon demand is such that many consumer device manufacturers will go bankrupt by then end of the year. Nobody will be able to afford the devices they’d need to interact with AI services.
OpenAI is banking on each model becoming that much faster and efficient. But each iteration is becoming defunct faster due to their competition.
They’re not just expecting a bailout, they’re expecting not to fail while digging a multi trillion dollar hole.
And that’s just OpenAI. Nobody is going to afford a bailout.
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I am LOVING seeing so many AI projects being paused or binned.
There’s one silver lining in the mass layoffs, they can’t lay off their absurd investment in power, cooling, and hardware. Loss adjusters and liquidators are rubbing their hands with glee.
Also, many silicon spinners are demanding 5 year agreements on production. It’s go big or go home time, and there will be some casualties.
One org I reluctantly work with pivoted their entire operating model to AI and agents, and they royally screwed their staff over.
They’re now hiring them as consultants at twice their original salary as everything fell on it’s arse, and who knew that go to market suits with a prompt can’t keep infrastructure or business running. Hilariously I know one engineer negotiated a one-sided 12 month contract notice period.
These people are going to get desperate, fast. Fetch the s’mores and let em roast.
@SecurityWriter I'm seriously looking forward to the hardware liquidations coming up in the future
