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Fuck AI@lemmy.worldEnglish · 2 days ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

lechekaflan@lemmy.world to

Fuck AI@lemmy.worldEnglish · 2 days ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure in Leaked Documents

It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.

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2 days ago
Burned $30 million in processing power to earn a $1 million math prize.

https://podcasts.apple.com/us/podcast/math-vs-machine/id152249110?i=1000794039469

https://www.bbc.com/news/articles/cy7zygy3rl2o

AI is very efficient at burning money it seems.

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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