Oh my god, this is completely ridiculous. OpenAI will raise another $19bn in debt/equity? This company loses $5bn+ a year! So what, they raise $19bn for Stargate, then what, another $10bn just to be able to survive? Do I really have to talk about this with a straight face?
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Will it make the final bursting worse?
https://bsky.app/profile/edzitron.com/post/3lgerdqv2z22d
The AGI pyramid is showing cracks. The risk is that the entire ‘scaling is everything’ approach could soon crumble.
https://www.wheresyoured.at/bubble-trouble/
At least "enshittification" is fairly safe :D
:(
If widespread job losses occur, who will have $$ to buy th produc
And monetize, monetize, monetize…
if the hawk tuah girl didn't fumble the bag, why the fuck would the tech execs screw up?
https://www.hamiltonnolan.com/p/the-land-of-greater-fools
OpenAI: taking in giga billions in funding every other month
🤔
They are explicitly alluding to building some kind of incredible machine through which they get godlike power.
But the leopards won't eat these guys' faces.