this post was submitted on 07 Apr 2024
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid!

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post, there’s no quota for posting and the bar really isn’t that high

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)
Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

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[–] [email protected] 14 points 7 months ago* (last edited 7 months ago) (6 children)

https://www.theregister.com/2024/04/03/stability_ai_bills/

"Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs Generative AI darling was on track to pay $99M on compute to generate just $11M in revenues"

"That's on top of the $54 million in wages and operating expenses required to keep the AI upstart afloat."

[–] [email protected] 7 points 7 months ago* (last edited 7 months ago) (5 children)

Midjourney is profitable, so they fucked up BIG time. Imagine going bankrupt while someone else uses your technology to make money hand over fist.

[–] [email protected] 6 points 7 months ago (1 children)

Stability AI's DreamStudio was claimed to have 1.5m+ daily users and Midjourney is claimed to have 1.2m-2.5m. Midjourney still runs through discord so they're saving on bandwidth costs but compute is still very expensive and im not sure how they managed to make 200m.

[–] [email protected] 10 points 7 months ago (1 children)

Midjourney still runs through discord

the only way to interact with our revolutionary product is to use the same gamer app notorious for being infested with cryptocurrency scammers

please invest

[–] [email protected] 8 points 7 months ago (1 children)

please invest

I have these 200 pictures of geckos and a couple rolls of reclaimed bubblegum wrapping paper, put me down for $1.2b and 40% ownership

[–] [email protected] 8 points 7 months ago

I will start the wiki for 10%

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