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  1. Home
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  3. Methinks the bubble is popping.

Methinks the bubble is popping.

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  • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

    Methinks the bubble is popping. Even Jensen is now worried about Scam Altman's circular money scam - that $100b LOI with OpenAI? He backed out. Surprise! Also Oracle just laid off 30k employees. OpenAI is nearly broke and will need another fundraiser. #oracle #openai #altman #scam #ai #circulareconomy #nvidia #jensen

    NazoN This user is from outside of this forum
    NazoN This user is from outside of this forum
    Nazo
    wrote last edited by
    #14

    @Lydie I really honestly feel like it's all coming to a head now and I do legitimately believe the bubble is going to pop at last this year. A lot of people don't believe me and hey, it's more gut feeling than being some sort of financial expert, but I honestly think the illusions the con perpetuated are starting to fade and even the dumbest execs are starting to finally figure out that the snake oil isn't quite as magical as was promised.

    ℒӱḏɩę 💾☮∞🎶♲☀🔋L 1 Reply Last reply
    0
    • NazoN Nazo

      @Lydie I really honestly feel like it's all coming to a head now and I do legitimately believe the bubble is going to pop at last this year. A lot of people don't believe me and hey, it's more gut feeling than being some sort of financial expert, but I honestly think the illusions the con perpetuated are starting to fade and even the dumbest execs are starting to finally figure out that the snake oil isn't quite as magical as was promised.

      ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
      ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
      ℒӱḏɩę 💾☮∞🎶♲☀🔋
      wrote last edited by
      #15

      @nazokiyoubinbou The fact that so many investors were duped by Scam Altman is amazing. He sold the idea of LLMs leading to AGI and they took it hook, line AND sinker. lmfao

      NazoN 1 Reply Last reply
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      • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

        @nazokiyoubinbou The fact that so many investors were duped by Scam Altman is amazing. He sold the idea of LLMs leading to AGI and they took it hook, line AND sinker. lmfao

        NazoN This user is from outside of this forum
        NazoN This user is from outside of this forum
        Nazo
        wrote last edited by
        #16

        @Lydie Well, I've noticed a really interesting trend. Firstly, CEOs and others placed in charge of tech companies have zero tech capabilities. Most of them probably have to call someone in the room to help them turn their PC on. None of them knows a single thing about how LLMs work and not one single one of them will just admit this and ask an expert.

        So when they hear all the hype and con work making it sound like it does all the stuff it doesn't do and then they see it pretending to do the stuff it doesn't do, they fall for it. It doesn't help that LLMs are so good at being made to pretend this stuff.

        You'd think big businesses would actually consult with experts — maybe even keep some on the payroll — but all those at the top are just faking it all the way. It's amazing...

        ℒӱḏɩę 💾☮∞🎶♲☀🔋L 1 Reply Last reply
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        • NazoN Nazo

          @Lydie Well, I've noticed a really interesting trend. Firstly, CEOs and others placed in charge of tech companies have zero tech capabilities. Most of them probably have to call someone in the room to help them turn their PC on. None of them knows a single thing about how LLMs work and not one single one of them will just admit this and ask an expert.

          So when they hear all the hype and con work making it sound like it does all the stuff it doesn't do and then they see it pretending to do the stuff it doesn't do, they fall for it. It doesn't help that LLMs are so good at being made to pretend this stuff.

          You'd think big businesses would actually consult with experts — maybe even keep some on the payroll — but all those at the top are just faking it all the way. It's amazing...

          ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
          ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
          ℒӱḏɩę 💾☮∞🎶♲☀🔋
          wrote last edited by
          #17

          @nazokiyoubinbou 💯 If there is one role to replace with AI...it's CEO

          NazoN 1 Reply Last reply
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          • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

            @nazokiyoubinbou 💯 If there is one role to replace with AI...it's CEO

            NazoN This user is from outside of this forum
            NazoN This user is from outside of this forum
            Nazo
            wrote last edited by
            #18

            @Lydie This is literally true. A LLM could actually do what CEOs do just as well as they do it — probably even better. Just feed in a bit of info about markets or whatever is applicable into context and ask it for a decision and it will produce a decision that is at least as valid as whatever crap a CEO will, probably better. Which is less saying LLMs are that good and more saying CEOs are that bad.

            Honestly I feel like it's more a proof that the CEO position just needs to not even exist.

            ℒӱḏɩę 💾☮∞🎶♲☀🔋L 1 Reply Last reply
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            • NazoN Nazo

              @Lydie This is literally true. A LLM could actually do what CEOs do just as well as they do it — probably even better. Just feed in a bit of info about markets or whatever is applicable into context and ask it for a decision and it will produce a decision that is at least as valid as whatever crap a CEO will, probably better. Which is less saying LLMs are that good and more saying CEOs are that bad.

              Honestly I feel like it's more a proof that the CEO position just needs to not even exist.

              ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
              ℒӱḏɩę 💾☮∞🎶♲☀🔋L This user is from outside of this forum
              ℒӱḏɩę 💾☮∞🎶♲☀🔋
              wrote last edited by
              #19

              @nazokiyoubinbou CEOs are good for two things. Getting rich off others' backs, and taking blame when shit hits the fan. The latter one would be hard to blame on a LLM 😆

              NazoN 1 Reply Last reply
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              • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

                @nazokiyoubinbou CEOs are good for two things. Getting rich off others' backs, and taking blame when shit hits the fan. The latter one would be hard to blame on a LLM 😆

                NazoN This user is from outside of this forum
                NazoN This user is from outside of this forum
                Nazo
                wrote last edited by
                #20

                @Lydie I think LLMs actually would be even better than CEOs at "taking the blame" actually... Only the good CEOs take blame. The bad ones find a way to make it someone else's fault and people other than the CEO (who instead gets a raise) get fired instead, just compounding the problem...

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                • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

                  Methinks the bubble is popping. Even Jensen is now worried about Scam Altman's circular money scam - that $100b LOI with OpenAI? He backed out. Surprise! Also Oracle just laid off 30k employees. OpenAI is nearly broke and will need another fundraiser. #oracle #openai #altman #scam #ai #circulareconomy #nvidia #jensen

                  ChemicalTribeC This user is from outside of this forum
                  ChemicalTribeC This user is from outside of this forum
                  ChemicalTribe
                  wrote last edited by
                  #21

                  @Lydie
                  Still, fuck micron

                  1 Reply Last reply
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                  • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

                    Methinks the bubble is popping. Even Jensen is now worried about Scam Altman's circular money scam - that $100b LOI with OpenAI? He backed out. Surprise! Also Oracle just laid off 30k employees. OpenAI is nearly broke and will need another fundraiser. #oracle #openai #altman #scam #ai #circulareconomy #nvidia #jensen

                    Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                    Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                    Yvan ー イボん 🗺️ :ferris: :go:
                    wrote last edited by
                    #22

                    @Lydie if only the fuckers that are responsible for all of this would take the hits that would be fine...
                    But it doesn't work like this. They are supposed to take the hits but they just relay the hits to people down the chain which is ridiculous.

                    All of them should be trialed.

                    1 Reply Last reply
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                    • Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                      Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                      Yvan ー イボん 🗺️ :ferris: :go:
                      wrote last edited by
                      #23

                      @Lydie @RegGuy ofc the govs (the people) will have to bail this shit out.
                      The economy would go bust otherwise 😕 and none or them will be held accountable...

                      1 Reply Last reply
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                      • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

                        @grumpasaurus @RegGuy Scary thought. The AI data centers becoming bitcoin miners 🙄

                        Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                        Yvan ー イボん 🗺️ :ferris: :go:Y This user is from outside of this forum
                        Yvan ー イボん 🗺️ :ferris: :go:
                        wrote last edited by
                        #24

                        @Lydie @grumpasaurus @RegGuy don't give them ideas 😮‍💨

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