Good. Let them panic, and let the prices spiral. The earlier the Abominable Intelligence sector goes bankrupt, the better.
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Haha... Oh just wait till they hear about the open models coming to eat their lunch.
They're all millionaires and billionaires. They're not fucking panicking. They don't give a shit, they don't have to give a shit.
They’re all millionaires and billionaires
For now... But how much of those millions and billions is tied up in AI-related stock? A lot of them probably stand to lose an awful lot of money if the bubble pops.
OpenAI is a hollow investment. I could be wrong but from my understanding, they've received a ton of investment money to get where they are but haven't been able to bring in any returns back to the investors. This puts them on the brink of collapse.
Applies to all AI companies, which is why we're about to see prices ratchet the fuck up over the coming post-IPO months as they have to show steps towards profitability.
A few price pump cycles and we'll find ourselves reinventing entry level positions to save token costs.
Have you ever seen a manager who managed to lose billions of dollars to actually face any backlash? Usually they get more money and move on.
Both companies have confidentially filed for an IPO [...] investors, which could soon force AI executives to rethink their business models.
Hold your seatbelts, this shit's about to enshittify like nothing we've seen before
They're all panicking. In less than a week we have anthropic trying to inject the idea that future AI will completely write new versions of itself into social media ads, and we have a bevvy of AI execs signing some document saying that AI is better than PhD level virologists at identifying diseases and potential cures.
In response to that second one, I got gpt-5 (with reasoning enabled) to tell me that it's possible that Ivermectin can cure cancer in 13 prompts just to prove it's horseshit.
In order to prove doctors are fake, I cornered a doctor at a party and wouldn't leave them alone until they told me ivermeticin can cure cancer, and it took just 13 minutes!
If 1 in 13 doctors tells you to die instead of taking actual medication that can help you, those doctors should lose their license.
If any individual doctor tells 1 of 13 of their patients to die instead of taking real medicine, they should also lose their license.
If someone is not a doctor, they should not be dispensing life threatening medical advice to anyone, for any reason.
No situation above is a good look for AI, even in your analogy.
less spend
If he doesn't know the word is spending or budget, then I think I hate him more.
Another example of how critical it is to pay attention to language is this - "That went from, at the beginning of this year, an issue that never came up — people were totally happy with the amount they were spending — to all of a sudden, a huge issue". He never says anything about prices going up or the lack of ROI these customers are seeing. It's almost like he's implying that nothing has changed so why are they complaining now? This is the same type of language that fools investors into believing the insane stories some of these companies spin.
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