• other_cat@piefed.zip
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      6 days ago

      Given how many scams have surged in recent years, I kind of agree with that parody statement.

  • BarneyPiccolo@lemmy.today
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    7 days ago

    We are officially at the denial stage of this developing economic disaster.

    At least they already fired everybody, in anticipation of their wild AI success. Hopefully, some of these companies will pivot, and figure out how to actually survive, and they’ll have to hire a lot of people to replace their AI.

    • Echo Dot@feddit.uk
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      7 days ago

      See we keep getting told that AI is a great success and also a threat to humanity and that it’s going to take over the world in 5 minutes if we’re not careful. It has been literally years now and nothing has happened.

      If that isn’t evidence of a bubble I don’t know what is. But somehow the complete lack of any meaningful progress seems to convince people even more

      • 4am@lemmy.zip
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        7 days ago

        LLMs like what is being overhyped cannot take over the world.

        They are not constant-thought processors. They are the most overbuilt autocomplete of all time.

        The “take over the world” problem is the capitalists who see dollar signs in automating away humans.

    • jj4211@lemmy.world
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      6 days ago

      A lot of the “AI” layoffs were using it as a plausible excuse for layoffs they wanted to do anyway. So I don’t anticipate a lot of them coming back.

      • dustyData@lemmy.world
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        6 days ago

        It’s OK, these stages are not supposed to be sequential. They can go through them in any order, and even cyclically return to other stages. Even full acceptance can be relapsed from time to time.

    • unlawful_combatant@lemmy.world
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      7 days ago

      If the current capabilities were enough to eliminate some human jobs, then they aren’t coming back. Someone else will offer up a cheap ai solution when the giants fall as the open source and Chinese models catch up and surpass them.

      • hitmyspot@aussie.zone
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        7 days ago

        If ai allows the improvements hoped for, it’s likely to increase productivity for humanity just like all other major advances did.

        It’s politics and laws that decide who benefits from it. Under our current systems, wealthy people and corporations benefit, but likey we’ll see increasing taxes on ai output and increases in ubi type schemes for people.

        AI is a bubble currently but it is an advancement in tech that provides benefit. Just nowhere near the benefit to be actual intelligence.

        Human jobs get eliminated by new tech all the time. This just has and will be rapid, which leads to upheaval. Unfortunately, it’s precisely at a time when the world is already moving towards war and authoritarianism, so it’s particularly bad timing.

  • Absurdly Stupid @lemmy.world
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    5 days ago

    Never trust a man in his 70s wearing a new shiny leather coat.

    Everybody knows this, right? It’s a general rule, like never accepting a ride in a white cargo van.

    • Phoenixz@lemmy.ca
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      5 days ago

      Rock stars doing this stuff somewhat makes sense, it’s all in good fun, and who hasn’t had a crush on some celebrity singer or actor?

      but a CEO? Seriously?

      • boaratio@lemmy.world
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        5 days ago

        Sure, but as the CEO of one of the most valuable companies in the world, shouldn’t he think about how bad the optics of this are?

        • IronBird@lemmy.world
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          5 days ago

          literally the coolest thing he’s done

          should sign more tits instead of begging people to stop complaining about AI, maybe stonk price would go up more

          • kreskin@lemmy.world
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            5 days ago

            Celebrating nvidias big investment in Israel didnt help either. Daily killing of innocents continues while he ships pallets of money over. He’s not unique in tech CEOs being arseholes, but he’s definitely another trash human being. The world would instantly be a better place without most tech CEOs.

            • IronBird@lemmy.world
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              5 days ago

              eh, from a pragmatic business perspective…i see why they all bend the knee. capitalists are by their nature universal opportunists. they will show loyalty to israel up until the moment it looks like they don’t have control over the US’s collar, the moment that happens though they do a 180.

              same way so many “pro-lgbtq” businesses flipped to anti-dei narrative the second it looked more profitable.the only thing sacred under capitalism is your line going up, everything that doesn’t directly service that goal day-to-day is performative

              • kreskin@lemmy.world
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                5 days ago

                Yeah. Pretty fair analysis even though I dont enjoy that conclusion. I thought even capitalism was better than that. I would love to go back to my ignorant beliefs in the good of the common man again. And the basic instinct toward good of my fellow Americans. But you cant go backwards in life.

        • Buddahriffic@lemmy.world
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          5 days ago

          This feels like similar energy to getting outraged about a tan suit.

          Were all involved parties consenting? That’s the only thing that matters.

          Plus on the optics side, we’ve yet to see if being in the Epstein files is bad enough optics for CEOs, so I think “signed something on an adult woman’s boobs when she most likely specifically requested/offered it” is entirely a non-issue.

          • boaratio@lemmy.world
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            5 days ago

            Good luck with your morals. Glad you’re fine with billionaires flexing societal norms. Go sign them boobs in public.

            • Buddahriffic@lemmy.world
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              5 days ago

              Puritanical bs has nothing to do with morals, as much as some like to pretend it does. What harm are you trying to call out or prevent?

                • Buddahriffic@lemmy.world
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                  5 days ago

                  That’s the closest I’ve been able to think about for why people turn to puritanical values in the first place: jealousy that others can do fun things they think they can’t, plus maybe a second layer of being upset that some aren’t also upset about it.

                  Oh wait, I almost forgot about the control angle, where if you can convince enough people that some normal and ok aspect about humanity is actually wrong, then you can catch people “slipping” and manipulate them via guilt or blackmail.

              • boaratio@lemmy.world
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                5 days ago

                I know the meme is older than I am, but I’m clearly not going to win an argument on the Internet Enjoy your ambivalence.

        • 🦄🦄🦄@feddit.org
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          5 days ago

          Hm gotta be honest, I don’t give a shit about optics, especially since that asshole is plenty bad regardless.

  • billwashere@lemmy.world
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    6 days ago

    The whole thing some like some giant check kiting scam or some weird looping Ponzi scheme. I’m going to invest money into your company so you can buy more of my products. Where is all the money coming from in the first place? Neither of these companies should be worth as much as they are.

    • JcbAzPx@lemmy.world
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      5 days ago

      This has got to be some sort of tax fraud at the very least. That or money laundering.

  • tio_bira@lemmy.world
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    6 days ago

    I hope Nvidia fcking brokes and back on his knees begging for his old clients who used to bought their gpus to buy the shitiest new version of the non improved but twice as expensive product.

  • SocialMediaRefugee@lemmy.world
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    5 days ago

    MS’ Satya Nadella is forgetting the rule “The customer is always right.” He is trying to force customers to a product they didn’t ask for or really need along with a lot of other customer unfriendly issues like nagging to use onedrive subscriptions and forcing to sign in to a MS account to use the OS. This is seriously getting me to consider moving to linux for my next pc build.

    • Buddahriffic@lemmy.world
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      5 days ago

      I think the tech industry got used to people not giving a fuck as they shoveled more and more anti-features with weak “feature” reasoning to back it up (like convenience of having all your files in one place to justify continual data transfer between the device and their servers, processing audio remotely to justify sending an audio feed, “you can access your history” to justify saving the history, etc) that they are surprised that there’s pushback as it enters this new level.