The fact that they’re pivoting to full enshittification is the strongest signal yet that the AI bubble is collapsing. There won’t be an AI-driven mass-unemployment revolution this time around. OpenAI has given up on trying to build that.
Anyone else concerned that the AI bubble is actually an everything bubble, and more or less represents the devaluation of the US dollar? We have a lot of debt, we can’t necessarily keep raising interest rates to slow down spending (as that would make the debt’s impact far greater), and so they’re printing money onto the deficit. Meanwhile, you have the White House eye balling cryptocurrency, letting banks hold it alongside gold, … what does all of this mean?
Everything means something because meaning is created, not discovered. They can be greedy, idiots, and still know how to come out on top of a failing empire.
I really think there’s a lot more to this than meets the eye. There being winners implies there being losers also. If the ultra wealthy can come out on top, it leaves the rest of the US with a debased currency on bottom.
Is gold up 2x since 2 years ago, or is the US Dollar loosing its purchase power at a rate not seen since 1970s (Nixon took USD off gold) and 2008-11 (global housing crisis)?
Suddenly, Elons stock-performance based bonus benchmarked at $1T makes some sense…
You’re confusing what I mean. Of course you can make fictitious meaning out of anything. But all meaning is created. All of it. No meaning is discovered.
To say there is no meaning, it represents the depth of ingenuity rather than the depth of reality. Everything has meaning. For example, it might mean something about the past that lead to these circumstances, the potential futures, potential present intentions or lack thereof…
Whether or not you think the meaning fictitious is another topic altogether. If you’re saying there is no meaning, and so therefore any meaning must be fictitious, then you’re just prematurely shutting the door on every perspective which disagrees with yours.
I dont know about that. I think the fear right now is that these companies wont get enough revenue to justify their enormous evaluations. By putting ads in the product, they increase revenue but also increase Enshittification.
I wont be using chat gpt if it becomes annoying. But many will, everyone today who is used to constant ads will.
So im thinking this will work against the bubble popping. But I could be wrong.
If the service was truly viable they wouldn’t need to be supporting it in that way so early. Ads might delay the bubble popping but it’s not a good sign IMO. Selling ads is going to be a lot more difficult than getting millions or billions of dollars from investors.
Yes exactly. What they really want to offer is an AI employee replacement service. If they could replace one of your employees who makes $40k/year then they could easily charge $30k/year for the service and you (the business owner and AI customer) could add $10k to your profits.
The fact is that they can’t do that. They can’t even make money charging thousands of dollars a year for basic LLM service that people use to write emails and the like.
The fact that they’re pivoting to full enshittification is the strongest signal yet that the AI bubble is collapsing. There won’t be an AI-driven mass-unemployment revolution this time around. OpenAI has given up on trying to build that.
Anyone else concerned that the AI bubble is actually an everything bubble, and more or less represents the devaluation of the US dollar? We have a lot of debt, we can’t necessarily keep raising interest rates to slow down spending (as that would make the debt’s impact far greater), and so they’re printing money onto the deficit. Meanwhile, you have the White House eye balling cryptocurrency, letting banks hold it alongside gold, … what does all of this mean?
https://www.theblock.co/amp/post/333107/jpmorgan-debasement-trade-bitcoin-gold
https://phemex.com/news/article/putin-adviser-accuses-us-of-using-stablecoins-and-gold-to-devalue-debt-17951
https://matrixmag.com/chinas-gold-corridor-a-structural-shift-in-the-global-financial-order/
i hope it means you the US collapses, we get invaded, or coup’d, and start to feel the pressure we put on the rest of the world.
It doesn’t mean anything. You’re just rules by greedy idiots.
Everything means something because meaning is created, not discovered. They can be greedy, idiots, and still know how to come out on top of a failing empire.
I really think there’s a lot more to this than meets the eye. There being winners implies there being losers also. If the ultra wealthy can come out on top, it leaves the rest of the US with a debased currency on bottom.
Is gold up 2x since 2 years ago, or is the US Dollar loosing its purchase power at a rate not seen since 1970s (Nixon took USD off gold) and 2008-11 (global housing crisis)?
Suddenly, Elons stock-performance based bonus benchmarked at $1T makes some sense…
You can make fictious meaning out of everything. That doesn’t mean there is meaning.
You’re confusing what I mean. Of course you can make fictitious meaning out of anything. But all meaning is created. All of it. No meaning is discovered.
To say there is no meaning, it represents the depth of ingenuity rather than the depth of reality. Everything has meaning. For example, it might mean something about the past that lead to these circumstances, the potential futures, potential present intentions or lack thereof…
Whether or not you think the meaning fictitious is another topic altogether. If you’re saying there is no meaning, and so therefore any meaning must be fictitious, then you’re just prematurely shutting the door on every perspective which disagrees with yours.
What you say means nothing to me. See?
Yes, I do see. You’re conflating what has no meaning to you with what has no meaning at all. They aren’t the same thing, though.
So you do understand. In your fantasy world you can believe whatever fantasies you want. They doesn’t mean they have meaning.
I dont know about that. I think the fear right now is that these companies wont get enough revenue to justify their enormous evaluations. By putting ads in the product, they increase revenue but also increase Enshittification.
I wont be using chat gpt if it becomes annoying. But many will, everyone today who is used to constant ads will.
So im thinking this will work against the bubble popping. But I could be wrong.
If the service was truly viable they wouldn’t need to be supporting it in that way so early. Ads might delay the bubble popping but it’s not a good sign IMO. Selling ads is going to be a lot more difficult than getting millions or billions of dollars from investors.
Yes exactly. What they really want to offer is an AI employee replacement service. If they could replace one of your employees who makes $40k/year then they could easily charge $30k/year for the service and you (the business owner and AI customer) could add $10k to your profits.
The fact is that they can’t do that. They can’t even make money charging thousands of dollars a year for basic LLM service that people use to write emails and the like.