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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

    Joe (TBA)R This user is from outside of this forum
    Joe (TBA)R This user is from outside of this forum
    Joe (TBA)
    wrote last edited by
    #3

    @Lydie How many data centers and 10s of billions of dollars will lay waste with AI's demise?

    Allan ChowG 1 Reply Last reply
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    • Joe (TBA)R This user is from outside of this forum
      Joe (TBA)R This user is from outside of this forum
      Joe (TBA)
      wrote last edited by
      #4

      @Lydie For now. But what will fund the next round? I don't see the money to fund such vast operations in the long-term. Certainly many will be shut down.

      1 Reply Last reply
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      • Joe (TBA)R This user is from outside of this forum
        Joe (TBA)R This user is from outside of this forum
        Joe (TBA)
        wrote last edited by
        #5

        @Lydie I'm more jaded, this feels like the dot com bubble. But you are right there were some winners.

        1 Reply Last reply
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        • Joe (TBA)R Joe (TBA)

          @Lydie How many data centers and 10s of billions of dollars will lay waste with AI's demise?

          Allan ChowG This user is from outside of this forum
          Allan ChowG This user is from outside of this forum
          Allan Chow
          wrote last edited by
          #6

          @RegGuy @Lydie it's ok the crypto miners will take them at a steal

          ℒӱḏɩę 💾☮∞🎶♲☀🔋L 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

            Carina C. ZonaC This user is from outside of this forum
            Carina C. ZonaC This user is from outside of this forum
            Carina C. Zona
            wrote last edited by
            #7

            @Lydie that is the bubble's hiss as it slowly releases a bit of putrid air. When it pops, you will not be in doubt. That's the awful thing about it. The explosive collapse. "Pop" undersells how impactful it is.

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

              @RegGuy @Lydie it's ok the crypto miners will take them at a steal

              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
              #8

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

              Yvan ー イボん 🗺️ :ferris: :go:Y 1 Reply Last reply
              0
              • Carina C. ZonaC Carina C. Zona

                @Lydie that is the bubble's hiss as it slowly releases a bit of putrid air. When it pops, you will not be in doubt. That's the awful thing about it. The explosive collapse. "Pop" undersells how impactful it is.

                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
                #9

                @cczona A bubble of nuclear proportions

                Carina C. ZonaC 1 Reply Last reply
                0
                • ℒӱḏɩę 💾☮∞🎶♲☀🔋L ℒӱḏɩę 💾☮∞🎶♲☀🔋

                  @cczona A bubble of nuclear proportions

                  Carina C. ZonaC This user is from outside of this forum
                  Carina C. ZonaC This user is from outside of this forum
                  Carina C. Zona
                  wrote last edited by
                  #10

                  @Lydie yeah. Mushroom cloud is a fair analogy. Raining down radioactivity, ensuring that devastation spreads far beyond the initial blast zone.

                  ℒӱḏɩę 💾☮∞🎶♲☀🔋L 1 Reply Last reply
                  0
                  • Carina C. ZonaC Carina C. Zona

                    @Lydie yeah. Mushroom cloud is a fair analogy. Raining down radioactivity, ensuring that devastation spreads far beyond the initial blast zone.

                    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
                    #11

                    @cczona AI induced economic nuclear winter coming soon to a country near you

                    1 Reply Last reply
                    0
                    • 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

                      rickfR This user is from outside of this forum
                      rickfR This user is from outside of this forum
                      rickf
                      wrote last edited by
                      #12

                      @Lydie Bur Oracle just said they're raising another 50b for data centers! That's unpossible, the bubble is a hoax! Fake! /sarc

                      ℒӱḏɩę 💾☮∞🎶♲☀🔋L 1 Reply Last reply
                      0
                      • rickfR rickf

                        @Lydie Bur Oracle just said they're raising another 50b for data centers! That's unpossible, the bubble is a hoax! Fake! /sarc

                        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
                        #13

                        @rickf People who give them that money deserve to lose it

                        1 Reply Last reply
                        0
                        • 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
                            0
                            • 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
                              0
                              • 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
                                  0
                                  • 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
                                    0
                                    • 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...

                                      1 Reply Last reply
                                      0
                                      • 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
                                        0
                                        • 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.

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