What profit? The more customers they have the higher their losses are and there is no magic solution in sight that would cut down costs by that much to change that. Some incremental improvement won't cut it.

[–] CanadaPlus@futurology.today 3 points 3 months ago* (last edited 3 months ago) (1 children)

I'm guessing the idea will be to enshittify/raise prices really fast, instead of trying to cut down the costs of a process that's already highly dialed in. Of course, if they do that enough, everyone will leave...

[–] Jiral@lemmy.org 2 points 3 months ago

Indeed and there is not much profit to be had if you have no customers either.

[–] givesomefucks@lemmy.world 7 points 3 months ago (2 children)

Maybe some day "journalists" will stop taking CEOs at their word on how popular AI will be some day...

As you’ll hear Hayden explain here, these are glimmers of a make-or-break moment for the AI industry, as both Anthropic and OpenAI barrel toward two of the biggest IPOs in history. And the pressure on these companies to make money has never been this intense.

The projections these companies have made, which just this week were leaked to the Wall Street Journal, tell a story of mind-boggling growth, to the tune of hundreds of billions in revenue and profitability by the end of the decade.

I don't understand why people give corps the benefit of the doubt, they're just lying to juice stock price. There was no "leak" they just want to build hype so they "leaked" something that says their awesome.

[–] CanadaPlus@futurology.today 1 points 3 months ago* (last edited 3 months ago)

Maybe they deliberately leaked it, maybe some of them actually believe the bullshit. Either way, anyone can draw a graph and call it a projection.

[–] stoly@lemmy.world 1 points 3 months ago

<<I don't understand why people give corps the benefit of the doubt, they're just lying to juice stock price.

Because they want access with means they have to put a positive spin on things. This is all a chain of self enrichment.

[–] justlemmyin@lemmy.world 4 points 3 months ago

LEL

[–] Rothe@piefed.social 3 points 3 months ago

It is also existential for the rest of us. Will they create a dystopian global AI surveillance network? Will accelerate global warming? Will they cause rising costs of essential electronics? (rhetorical questions)

[–] Abrinoxus@lemmy.today 2 points 3 months ago

They do have alot of data to sell to surveillance, ad, insurance industry etc. They can always raise prices there i guess and sell more of it than now.

[–] fallaciousBasis@lemmy.world 1 points 3 months ago

The problem they don't understand is that people are also inherently stupid, prone to hallucinations, get confused, and straight up bullshit - sometimes just for giggles.

I'd like to think AI shares some of these qualities.