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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback. (futurism.com)
submitted 1 day ago by to c/technology@lemmy.world
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[–] 11 points 22 hours ago (8 children)

Are you suggesting that The End is not, in fact, Near? And OpenAI is not about to collapse into bankruptcy, ending the entire AI ecosystem?

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  • [–] 14 points 22 hours ago

    Maybe I’ll go out on a limb and say this specific piece of news is not indication of the AI apocalypse. There are still plenty of things to be skeptical of long term, but this itself is not an indication of an inevitable crash.

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  • [–] -1 points 21 hours ago (6 children)

    I wish more people realized AI is not going any where any time soon, regardless of their feelings on it.

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  • [–] 3 points 19 hours ago*

    It was the recent estimation that hyperscale LLMs need to earn $6 trillion a year to break even. I don't think governments can afford six trillion for their surveillance states and robot armies.

    That is the recent news that harbingers a potential 2026 AI bubble burst.

    Open AI has been hemorrhaging money and taking on vast debt for a while. That's not really news.

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  • [–] 2 points 19 hours ago

    Depends in what exactly you mean with AI here. AI as a tech is going to stay, Pandoras box is open and there is no going back now.

    The AI companies tho, the actual subject of this post, are going to crash and burn eventually. Not all at the same time and maybe not every single one, but a good portion of them will go down the drain .

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