The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.
Wait till they ruin the internet, make users unable of any meaningful general purpose computation on their own hardware, then everybody has to beg them for computing and knowledge.
this is bigger than a few AI companies. This is the scheme of global governments moving towards full totalitarianism and control.
Call me paranoid but I highly believe this is the route we’re at.
I think we are long past that by now. “Enshitification” and “Capitalist Slop”, was already a huge thing before these ‘new’ ***holes came about. Capitalist slop is the pre-cursor for “AI-slop”, and is basically to throw literal shit on the market(wall) and see if it sticks. My personal view is that 99.99% of all internet content is Cap-Slop that shouldn’t/wouldn’t be there in a natural society.
full totalitarianism and control.
That was always the end-state of Capitalism, “Fascism” is basically when govs are taken over by private Capitalist sh*tters. US have been an Oligarchy for longer than anyone alive today, and ‘Democracy’ were never there.
Everything is going as the anti-capitalists predicted and expected…
Nah, I don’t think it’ll “ruin” the internet in the disaster sense. It’s already done enough that it ruined reddit, quora, other social media, but those weren’t really information sources as much as companies selling addictive brain rot to steal your data. They are not on the same level as wikipedia, or even representative or what the internet is. Even if you got useful stuff off reddit once upon a time, it was always about tracking you and capturing your data and making you addicted to wasting your time watching bullshit.
What we’re seeing and this “top economist” is saying is just “this is a bubble” in other words without saying the B word. People tune out the B word because they believe in the technology. A bubble has nothing to do with whether AI works, and all to do with the behavior of investors and unsustainable investments. So many people these days have to dance around the bubble word because people think it means you are anti-AI.
We will likely see things remain more or less the same except one day investors freak out and stop investing in AI, and then tech will go through a ton of shitty layoffs and people will struggle and some rich day trader type fucks will lose their livelihoods, just like the dotcom era. But after that, we will still have generative AI tools here and there, maybe more restricted to better use cases and not shoved in your face everywhere, but LLM will still be a thing.
Yeah, it means you’ll likely have fucked social media forever, bots, propaganda, fake news, fake AI videos of bullshit, but social media always was about controlling your thought patterns. It already fucking sucked. That part of the internet was always shit. But interconnected devices sending data to each other and allowing researchers in Oslo Norway to talk to researchers in Omaha Nebraska, that will still very much be alive and work well.
You say i vestors will back away and the bubble will burst, but I say the investors are governments themselves, therefore, they have all the money and power there is.
The bubble will burst in some sense, but this is larger than simple consumer product markets.
This is a weapon. One of the greatest tools for governments and those on power to dictate and control.
Wait till they ruin the internet, make users unable of any meaningful general purpose computation on their own hardware, then everybody has to beg them for computing and knowledge.
this is bigger than a few AI companies. This is the scheme of global governments moving towards full totalitarianism and control.
Call me paranoid but I highly believe this is the route we’re at.
I think we are long past that by now. “Enshitification” and “Capitalist Slop”, was already a huge thing before these ‘new’ ***holes came about. Capitalist slop is the pre-cursor for “AI-slop”, and is basically to throw literal shit on the market(wall) and see if it sticks. My personal view is that 99.99% of all internet content is Cap-Slop that shouldn’t/wouldn’t be there in a natural society.
That was always the end-state of Capitalism, “Fascism” is basically when govs are taken over by private Capitalist sh*tters. US have been an Oligarchy for longer than anyone alive today, and ‘Democracy’ were never there.
Everything is going as the anti-capitalists predicted and expected…
Some other news in the past week was about scrappers making like 90% of internet traffic.
scrappers an bots.
Nah, I don’t think it’ll “ruin” the internet in the disaster sense. It’s already done enough that it ruined reddit, quora, other social media, but those weren’t really information sources as much as companies selling addictive brain rot to steal your data. They are not on the same level as wikipedia, or even representative or what the internet is. Even if you got useful stuff off reddit once upon a time, it was always about tracking you and capturing your data and making you addicted to wasting your time watching bullshit.
What we’re seeing and this “top economist” is saying is just “this is a bubble” in other words without saying the B word. People tune out the B word because they believe in the technology. A bubble has nothing to do with whether AI works, and all to do with the behavior of investors and unsustainable investments. So many people these days have to dance around the bubble word because people think it means you are anti-AI.
We will likely see things remain more or less the same except one day investors freak out and stop investing in AI, and then tech will go through a ton of shitty layoffs and people will struggle and some rich day trader type fucks will lose their livelihoods, just like the dotcom era. But after that, we will still have generative AI tools here and there, maybe more restricted to better use cases and not shoved in your face everywhere, but LLM will still be a thing.
Yeah, it means you’ll likely have fucked social media forever, bots, propaganda, fake news, fake AI videos of bullshit, but social media always was about controlling your thought patterns. It already fucking sucked. That part of the internet was always shit. But interconnected devices sending data to each other and allowing researchers in Oslo Norway to talk to researchers in Omaha Nebraska, that will still very much be alive and work well.
Money is fake. Its their invention. They will not let it be used against them.
Kill them, or let it happen.
You say i vestors will back away and the bubble will burst, but I say the investors are governments themselves, therefore, they have all the money and power there is. The bubble will burst in some sense, but this is larger than simple consumer product markets.
This is a weapon. One of the greatest tools for governments and those on power to dictate and control.
I feel like an idiot not catching it the first time I heard about the GPU crunch, but yes.