Amazon, Google, Microsoft, Meta and Oracle are spending so much on developing AI and delivering it to customers that they’re expected to bleed cash in the coming year, according to a Post analysis of data compiled by S&P Global Market Intelligence.
Профиль
Mél Hogan / The Data Fix
Профиль VivelyCanadian critical media studies scholar and podcaster interested in the meanings we make of perpetual tech promises. Bilingue. Focused on the environment. I typo a lot. 😷🏳️🌈 🎙️ thedatafix.net 📝 heliotropejournal.net
Sending Networks of New York to the printer tomorrow or Wednesday aieeeee look at all the graphic designing I did
Cool new project from @mxdylanp.bsky.social and Natalie Rae and their lab: it’s a blog series titled, "Unearthing the Cloud: Civic Action in the AI Era”. The first post explores the question, “'[W]ho gets to have a voice in decisions that shape the places where people live?'"
Unearthing the Cloud – AI & Data Infrastructures Learning Labsites.psu.edu☀️ U T O P I A N ☀️ M E D I A ☀️ S T U D I E S ☀️ I am so proud of this work w/ Convergence. Kemper & I make the argument that many media scholars use utopian approaches in their research. But we just need to reflect on how to do it together, and do it well. journals.sagepub.com/doi/epub/10....
‘Palantir’s market capitalisation has risen to $320 billion, 150 times earnings. The 𝘌𝘤𝘰𝘯𝘰𝘮𝘪𝘴𝘵 has speculated that “Palantir might be the most overvalued firm of all time.”’ @petergeoghegan.bsky.social and @lucasamin.bsky.social on Palantir’s NHS contract. www.lrb.co.uk/the-paper/v4...
Dan sees and articulates the role of AI very clearly so this is a good discussion
PolitechsWe're joined this week by @danmcquillan.bsky.social to talk decomputing, dehumanisation, dealignment, and some things that don't start with de- as well! politechs.dev/episodes/s02...
Great piece on Oracle, the most highly leveraged of the hyperscalers and the one most vulnerable to a burst AI bubble. @asad09.bsky.social: “We are making trillions of dollars in investments on the back of tens of billions of dollars in revenues.”
"Microsoft warns that consumers aren't buying enough of the thing they don't want."
The Irish TimesAI boom could falter without wider adoption, Microsoft chief Satya Nadella warns
Let’s be clear here, when scientists say mistakes were made at the start of the pandemic, we DO NOT mean that we did too much. We mean not socially distancing quickly enough, not making tests widely available, and not acknowledging COVID is airborne and distributing N95 masks to everyone.
“Harvard paid McKinsey & Company at least $250,000 to consult on the Faculty of Arts and Sciences’ staff restructuring efforts, according to internal documents obtained by The Crimson.” www.thecrimson.com/article/2026...
Unsurprising that all these cuts being made to #Harvard —from the Office of Student Services to the Writing Center to now the Dudley Co-op—are happening with input from McKinsey, a firm made up of The Second Worst People I knew in college there
Microsoft had its best stock single day stock performance since 2008 this week and Amazon is now ripping as well. The reason for both is that demand for AI services is skyrocketing and they can’t build datacenters fast enough to keep up. It’s a gold rush and the hyperscalers have found the gold
Imagine thinking the first victim of AI has yet to pass... It's people of colour, women, people in the global south, the planet... How embarrassing!
The Irish TimesDavid McWilliams: The first victim of AI is the economy. Welcome to the 2030s
ALEC is a pay-to-play operation that brings together state legislators, corporate lobbyists, and right-wing operatives behind closed doors to write model legislation to advance a radical right-wing agenda on everything from gerrymandering to rewriting the Constitution.
The fact that it’s poisoning Black people is not seen as a negative to these folks.
Look, I don't know much about this issue, but according to the media I consume which is carefully engineered to piss me off,
You know, Marx has all that stuff about the commodity fetish, but what does he have to say about "numbers are so big there's no way to put in brain"?
Hagen BlixEffective Altruism guy goes to FTX, hops over to OpenAI when FTX explodes, gets fired from OpenAI and then starts a hedge fund called - I kid you not - "Situational Awareness" that loses a cool $22,000,000,000 (so far) Amazing stuff
This is really the endgame of AI, AI quotes arguing against AI that people use online to say they don’t like AI instead of coming up with their own words about not liking AI
Democracy Now!We messed up! During a segment earlier this week about the risks of artificial intelligence, we shared a quote purportedly by author Naomi Klein that was itself AI-generated. She joined us on today's program to discuss the viral spread of the words falsely attributed to her.
That was fast. Google sent me a statement saying it is now “rolling back“ this AI feature after our demonstration and others from OSINT researchers www.404media.co/google-earth...
Google Earth’s New AI Lets Anyone Fabricate Completely Bullshit Satellite Images"Tonight I typed just one sentence into Google Earth and put refugees near the Mexican border. Then I planted a nuclear plant in Iran. Then I put a fatal crash on a street in Amsterdam."www.404media.coKen Griffin’s hedge fund snapped up the bulk of the firm’s $16bn of public equities in a deal that many market participants believe averted a fire sale of its extensive holdings of AI stocks. ft.trib.al/XCGvGTT