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submitted 1 month ago by XLE@piefed.social to c/technology@lemmy.world

cross-posted from: https://piefed.social/c/technology/p/1913698/disney-exits-openai-deal-after-ai-giant-shutters-sora

Original WSJ exclusive: OpenAI Scraps Sora App in Continued Push to Focus on Coding and ‘Agent’ Tools

Paywall removal: https://archive.is/cKWkf

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[-] SalamenceFury@piefed.social 129 points 1 month ago

I can't wait to see the stock market tomorrow morning. It's gonna be carnage. Let the bodies hit the floor.

[-] SpaceNoodle@lemmy.world 52 points 1 month ago

Don't hold your breath.

But also, don't be surprised.

[-] cronenthal@discuss.tchncs.de 40 points 1 month ago

The markets have completed their transition into a casino, no predictions are possible anymore.

[-] pHr34kY@lemmy.world 20 points 1 month ago

It needs to function like a casino so that Trump can bankrupt it.

[-] Duke_Nukem_1990@feddit.org 6 points 1 month ago

Nah you just need to get intel on who cheeto president is bombing next so you can bet on oil before it happens.

[-] ripcord@lemmy.world 6 points 1 month ago

Market still shows pretty up in pre-trading

[-] cmbabul@lemmy.world 34 points 1 month ago

The markets ceased being rational like so long ago

[-] ViatorOmnium@piefed.social 8 points 1 month ago

On the other hand you can always rely on them being a bunch of drama queens that always overreacts to news.

[-] maplesaga@lemmy.world 3 points 1 month ago

Its horrible, a wave of green, the color of witches.

[-] FEIN@lemmy.world 1 points 1 month ago

shouldn't it be red if a service is getting shut down? thats negative i assume

[-] maplesaga@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

Assumptions implies logic, thats where you went wrong. This is a QE fueled casino, the game of musical chairs only ends when a large bank goes insolvent.

[-] homes@piefed.world 112 points 1 month ago* (last edited 1 month ago)

So, perhaps the AI bubble won’t pop.

Maybe it’ll just slowly deflate like a rancid fart.

[-] anomnom@sh.itjust.works 22 points 1 month ago

Silent but deadly

[-] ZILtoid1991@lemmy.world 6 points 1 month ago

I have a theory, that these techbros have became so savvy of bubbles, that they had plans to keep it going forever, or at least make it slowly die instead of crash at once.

[-] UnderpantsWeevil@lemmy.world 4 points 1 month ago

I heard the big banks were trying something similar shortly before the '08 crash. And the Enron/Worldcomm crew right before 9/11.

Certainly possible they've got an exit strategy lined up. But the problem is that they're always just a little too greedy and too high on their own supply. During the '14 mini-recession, reinflating the bubble economy was a bipartisan goal. After the '20 COVID crash, there was broad consensus in cranking open the money hose and flooding the economy with cheap cash. '08, '14, and '20 set a big historical precedent for the "We'll never let you fail" policies of the federal government. And so we've diluted a lot of the short term pain of economic contraction into the longer term pains of currency inflation.

The enormous devastation to real physical capital all across these Mid-Eastern theocracies, combined with the socio-economic pressures of Climate Change induced heat waves, can and will push certain regions of the globe to a breaking point. At some point, you just don't have anything to spend all those excess dollars on.

[-] samus12345@sh.itjust.works 107 points 1 month ago
[-] Washedupcynic@lemmy.ca 2 points 1 month ago
[-] EatMyPixelDust 100 points 1 month ago

Sora died? Awesome. What an absolute waste of resources that garbage was.

[-] OldQWERTYbastard@lemmy.world 36 points 1 month ago

Honestly I wasn't a fan after the first Kingdom Hearts.

[-] Yttra@lemmy.world 13 points 1 month ago

Ignoring the peak of all action games that is KH2? Sacrilege!

That’s a shame, because KH2 is pretty widely regarded as the best in the series. If you stopped with Chain of Memories, I wouldn’t blame you. The gameplay for that one is definitely… Uhh… Divisive. But KH2 was when the series really hit its stride.

[-] zalgotext@sh.itjust.works 3 points 1 month ago

I thought the card-based combat and deck building in Chain of Memories was fun, and the PS2 remake was really well done imo. KH2 is good, but story-wise, I don't think anything can top 358 days/2, though Birth By Sleep comes close, and I like the combat in BBS more than KH2.

Skip re:Coded though, or just find a compilation of the cutscenes/story on YouTube. That one is ass

[-] GutterRat42@lemmy.world 4 points 1 month ago

Layers and layers

[-] Jomega@lemmy.world 12 points 1 month ago

Roxas had entered the chat.

[-] Washedupcynic@lemmy.ca 3 points 1 month ago

Is he still trying to save Kairi too?

[-] ArmchairAce1944@discuss.online 2 points 1 month ago

I got bored REALLY fast of their shit.

[-] SpaceNoodle@lemmy.world 66 points 1 month ago
[-] Tore@piefed.world 6 points 1 month ago

Wait, let me get the world's smallest violin and we'll start over. 

[-] Voroxpete@sh.itjust.works 63 points 1 month ago

If I remember right, wasn't shutting down Sora one of Ed's signs of the apocalypse?

[-] XLE@piefed.social 47 points 1 month ago

Pretty close! Sora gets mentioned specifically, just not in that context

[-] Lonewolfmcquade@lemmy.world 10 points 1 month ago

Great read! I wonder what his perspective is now. That article was written in August 2024 and a lot has happened since then. For example, I cannot fathom the agreement to Sundar's latest pay package. Another example of failing up the corporate ladder.

Also, it feels like competition with China was an overlooked wildcard in his argument. It would not surprise me if the bubble continues to grow just to try and beat China.

[-] itsathursday@lemmy.world 12 points 1 month ago

He’s been on Newsweek podcast recently and given his assessment with new events and focus on datacenters and hardware.

https://youtu.be/RKwK7qrBz8g

[-] CommanderCloon@lemmy.ml 4 points 1 month ago

The issue is that you can't really "beat" China. Their models are free to self host and use, they don't play by the rules of US LLM companies.

Sure it's going to be the same for personal use, to most people chatGPT or DeepSeek are websites.

But to enterprise it will be a massive difference in cost, and AI can't even begin to dream about profitability without enterprise

[-] MalReynolds@slrpnk.net 2 points 1 month ago

Their models are free to self host and use, they don’t play by the rules of US LLM companies.

Jury's out on that, they may be using the large US company play of undercut your competitors until they crash and burn then seize the monopoly (e.g. Amazon and bookstores....) then ratchet prices up and enshittify, but with the bankroll of a huge country.

[-] uberdroog@lemmy.world 4 points 1 month ago

Great read, thank you

[-] rndmdsplyname@lemmy.ca 44 points 1 month ago

good. Hopefully suno dies next. GenAI is garbage tech.

[-] KneeTitts@lemmy.world 2 points 1 month ago* (last edited 1 month ago)

Hopefully suno dies next. GenAI is garbage tech

Ive been asking this for 4 years now, no one has given a good answer. What is this tech actually for??? Whats the use case??

[-] rndmdsplyname@lemmy.ca 1 points 1 month ago

It’s for enabling wannabes. I’m a professional musician and I can tell you the only person who uses it is someone on the Suno payroll (Timbaland)

[-] reksas@sopuli.xyz 1 points 1 month ago

amusing yourself with silly songs and also not tormenting others with them

[-] anon_8675309@lemmy.world 32 points 1 month ago

Is the bubble finally starting to leak?

[-] SupraMario@lemmy.world 37 points 1 month ago

I think the cracks are starting to show daily at this point. Didn't Oracle get denied funds from banks when they went to fund more DCs?

[-] stringere@sh.itjust.works 47 points 1 month ago

Oracle goimg broke would make me orgasm so hard I would probably break something in me.

[-] SupraMario@lemmy.world 24 points 1 month ago

https://www.moomoo.com/news/post/64927091/is-oracle-on-the-verge-of-collapse-with-banks-refusing?level=1&data_ticket=1774407017658499

So I did remember correctly.

That's from Feb. So they're having issues, since banks are not funding their shit like they hoped.

[-] stringere@sh.itjust.works 13 points 1 month ago

Love seeing this.

[-] pinball_wizard@lemmy.zip 14 points 1 month ago

I hope there's early warning when Oracle goes bankrupt. I need time to go buy enough party supplies.

[-] ech@lemmy.ca 30 points 1 month ago

"Wait, so you're not going to help us eliminate most of our media staff? We're out."

[-] JackbyDev@programming.dev 9 points 1 month ago

I recently stopped working as a developer for Disney, and even if this deal is gone for using their IP in AI, they're still really big on AI at the moment. From the C level there was a push for everyone to be using it as much as possible. Everyone needed to be showing how much they were integrating it into their workflows.

[-] RampantParanoia2365@lemmy.world 2 points 1 month ago

Breaking: Film company breaks ties with other company after they stop doing film stuff. More at 11.

this post was submitted on 24 Mar 2026
599 points (100.0% liked)

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