And that other pillar at the bottom next to it? All the blue and white collar workers who are being forced into employment oblivion by the AI hype.
Sooner we give it a kick, the better.
.
Yeah but AI is burning so much that there literally won't be any VC money by 2027. Like, at all.
.
Burning money in this context does not mean that the money disappears, but that the thing you get for your money is worthless, but you pretend it isn't. Here, it's GPUs.
The problem is that how it should really work is that people make a product, they sell that product for money, and since the product they sold is worth as much as the money paid for it, that value is now twice in the economy, once in the shape of cash and once in the shape of the product. This is how economic growth should work.
Now you could say that if someone paid that much for that product, it should be worth that much. But if it's just you and your friend passing it back and forth, that would feel fraudulent, as it isn't worth as much to most people. All the AI money and growth, which is a significant portion of the US GDP growth, is money that's passed between like 7 companies, in a circular way.
And the main valuable product in the whole AI boom is not even AI, but GPUs, as in that's the only thing people actually pay for. GPUs have a lifetime of months to years at most, even if the demand for them does not crash.
.
The AI GPU is the only product that actually makes money, as in a positive value chain that is not subsidized by VC money and is able to exist without being subsidized by VC money?
The point is, almost all of the AI growth and all of the profits have been AI GPUs. If I'm missing the point everyone else seems to as well, and when all your customers keep missing the point of your products, your business is not long for this world.
My point is, which product, built by AI or built on AI is going to earn a trillion to pull OpenAI out of the hole and make AI keep existing after 2027?
and a decent quality
It gave anyone with half a brain the impression it could do that.
Everyone with a full brain is stuck staring at the chaos while all the half brains make comments like yours.
Happens every half decade. In my day it was outsourcing. It came and went. This will come and go. It's just how society is.
Is not about hype anymore.
Oh, how I wish it were true that AI was this thin stick that would bring the whole building down if it fails.
This is a hideous mis-meme-ing of the original XKCD comic. The tiny pillar is supposed to represent something we all actually need -- since we have built so much on top of it -- but barely think about. Like curl or ffmpeg.
Sure but it also works as a solid visual for something like this. This is kinda the whole thing about memetics, memes aren't solid permanent things they shift and change as people interact with them putting a bit of themselves like genetic additions in a population. Memes the DNA of the soul.
Aye but the hoverover text on the original comic also alludes to a single point of failure and the repercussions.
I imagine solvent banking institutions, retirement funds and the like are something that most people seriously need but barely think about. If the most valuable listed American company finds its value plummetting from 4 trillion to a few billion, there will be all sorts of fun and interesting revelations about the entire American financial system.
That being said, you are absolutely welcome to post your own memes which meet your specifications!
"We just need beans and rice as an essential part of -- ah, who am I kidding? -- entirety of our diet, but we're not going to have that either."
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
