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Now do Anthropic!

Well-deserved👏

If they are missing 'projections' by 90% it might be time to realize this isn't happening and pivot. Just like a CEO missing a projection by 'upward of 90%' and keeping their job.

this is honestly a bit better than one sudden pop, less like a bubble and more like the Hindenburg

bsky.app/profile/sard...

Didn't formerly-twittef have that problem, too? Musk found out that most companies don't want to be associated with porn bots and nazis when they declined to buy ads there.

No shit!

Call me when the investors catch on, because until that happens they'll keep propping this zombie industry up

How long before they ask for (and get) a bailout? After all we can’t afford to fall behind China, can we?

dang who could have ever seen that coming

No shit

Good.

You know this tech is popular and people want to use it because the techoids shoehorn it into every conceivable fuckin product to loud, audible groans

So… after years of actual work experience where I acquired extensive knowledge and skills, I may not be left behind after all?

ORCL debt holders rn

Hehehe Heh Hehehehehehe

Yeah no fucking shit, it has never graduated from being a speculative bubble but countless rich dipshits threw their gold at it thinking it would magically shit even more back out

Nobody with the money to spend wants or needs generative AI. Let it die.

LOL LMAO even

quick, someone invest $700 billion into open ai so they can keep the lights on

The focus here is on the poor results and low odds of AI capturing even 5% of the advertising revenues the sector needs. It’s just the tip of the iceberg. When AI is just another paid shill, like search has become, it’s useless. The whole tech sector relies on ads and is at risk, not just AI.

Lol

Very muskian of them.

ed zitron is that good dot gif

Are they planning chatbot ads as the main moneymaker, though? I'd think coding agents and api tokens would be the safest revenue stream to grow, esp since we don't even know if people will stick with chatbots as this tech grows.

Gosh. How startling. And yet it seemed like such a rigorously viable business model.

They should ask ai how to sell it

BAHAHAHAHAHAHA

Good. Die faster and take those fucking data centers with you.

This shit would have died years ago if we weren't spoon feeding AI with so much wellfare.

lmao

Tech Bros: AI is cool as fuck! Everyone wants it! Everyone: Meh

I can’t imagine working for an investor, peddling AI, encouraging the contribution of the over trillion dollars on infrastructure, and seeing a billion dollars in ad revenue from one of the largest AI companies off a projected $2.5b. How do you keep your job?

And?

Surely Scam Altman wouldn’t lie!

just have to force it into more places

Hahahahaha!

Can we admit that Sam Altman is just an idiot? He's not good at business, just at lying to "investors."

Sam Altman has the opportunity to do the coolest thing possible if he’s brave enough to jump off a really tall building

I use to work in ad tech, let me give some perspective on this paragraph: I was at AppNexus, which became Xandr once AT&T purchased it. I also ran the doc's committee for Prebid for 5 years - if you know ad tech you know what that is. Anyway, Xandr was a small fish in the online ad tech world,

Schadenfreude aside, check your 401K/IRA funds and if you any of them are large cap/S&P index funds you might want to check their top 15-20 holdings and then evaluate your appetite for risks. I moved into small caps a while back to sit next to my dividend and bond funds. (All Vanguard). At 60 I've

Ring [Picks up landline phone] Schadenfreude Department. Yes, you most definitely can laugh at OpenAI missing their revenue numbers. We put out an email late last night about it... Hmm, check your spam folder... You got it...great...there's a link in it for specific laughing points...yes, it is

Techbros lie and grift like a fish drinks water.

Nah.. It’s the Official Bubble Burst 💥. Once you pop, you can’t stop; Pringles.

So excited for the collapse of this

Good

-What shall we do? -Rebrand it to Natural Intelligence. It will sound bio.

Just need 2 trillion more dollars.

Guys it’s inevitable. I hope Scam is crying himself to sleep.

shocked, i tells ya

Best. Fucking. News. This. Millennium.

First pop in the bubble?

Hope it drowns in its bath.

Everyone could see that coming

Good.

Ha ha!

"Going... down?"

Cheap RAM when ?

Oh dear me.