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this post was submitted on 21 Oct 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Considering the massive(ly inflated) valuations running around Big AI and the massive amounts of stolen work that powers the likes of CrAIyon, ChatGPT, DALL-E and others, I suspect the content mafia is likely gonna try and squeeze every last red cent they can out of the AI industry.
At some point, something is going to reveal that all the money in AI has gone into power costs for datacenters and NVidia chips and that the AI companies themselves aren't doing so hot. I hope it's the discovery process for some of the inevitable lawsuits.
it's pretty publicly known
the VCs are gonna take one heckuva bath