this post was submitted on 17 Oct 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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I’m not crunching the numbers over here, but they must be making money off AI if they’re doing this. I’m sure they have further plans that aren’t public yet.
I’m not a fan of AI, so if Microsoft or Google ends up in a dumpster fire because of all this I will never stop laughing about it. I just don’t expect it.
They don't have to be, just the fear of another platform developing the same AI SaaS shit which could drive customers away/make it harder to convince C-level management to up their spending could cause fomo at the people building the AI. similar as with the same with the cryptocurrency/blockchain shit. Think we linked an article talking about things like this here a short while ago.
E: Here
Meta's happy to give away models for free, so models are evidently worth $0.
Nah dawg you’re just too stupid to see how bubbles work.
is such a laughable, ridiculous thing to say, like what the fuck dude, where did you get this idea from even
Yeah corporations love spending massive amounts of money on projects with no return on their investment. Microsoft is signing a 20 year contract for massive amounts of power for funsies, and totally handing out copilot licenses for free to all the other corporations that are adopting it.
Have you ever sat in a meeting with corporate people? All they every think about is money money and more money. Laugh all you want - MS is doing the laughing as every company scrambles to adopt AI purely out of fear of being left behind, and they are paying for it. The install base is already so huge for the OS, this is the easiest payout they could ask for. They have to shit the bed HARD to fuck this up.
Hey man, as someone who literally worked at MSFT in Azure Identity a year ago, let me assure you, this is exactly what MSFT is also doing while their devs scratch their heads in bewilderment on how on earth they're going to incorporate genAI into the auth token service.
The tech industry runs on investors spurred on by hype and promises of huge profits somewhere in the future
https://en.m.wikipedia.org/wiki/Enron
Man the internet is wild. I say MS probably has a plan to profit from AI based on their 20 year contract for nuclear power and you guys are like “but Enron failed!” Holy fuck ya really reaching to pick those cherries now
You say "plan" but I think what you really mean is that Satya crossed his fingers and hoped for the best
There's a full cherry tree, you can pick as many cherries as you can eat.
https://en.m.wikipedia.org/wiki/WorldCom_scandal
Your blithe trust in capital fails to be endearing.
I'm also impressed that the bailey they retreat into ('I just said that they would have a plan to make money over 20 years') is just as badly defendable as the motte 'they must be making money'. Quality work.
it’s weird that Enron of all things was the line for them
Some Wikipedia editor has a nice sense of comedic timing, placing this right before the article picture and the infobox before dropping the
https://en.wikipedia.org/wiki/Microsoft_Bob
thank you for reminding me of this which I forget
I’ll take “comments posted with extremely definite and concrete knowledge of current operator spend and market dynamics” for 2c, Alex
This message squirted into the ether from my Zune
Fun fact: The default color for the Zune was brown.
they're not. chatgpt4 burns more energy than subscription is worth, and that was text only and before that 4o shitshow
Look, Sam Altman is a billionaire and a genius. He has a plan! So what if OpenAI is losing money on every request that ChatGPT serves? They'll make it up in volume! Any idiot can see the genius in that.
Sounds familiar...