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Fuck AI@lemmy.worldEnglish · 1 day 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 · 1 day ago

cross-posted to:
[email protected]

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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18 hours 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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