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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

    starkrg@myside-yourside.netS This user is from outside of this forum
    starkrg@myside-yourside.netS This user is from outside of this forum
    starkrg@myside-yourside.net
    wrote last edited by
    #2

    @Lydie The quicker the better.

    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

      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
      0
      • 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
            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

              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
              0
              • 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
                                  0
                                  • 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
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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

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