What else would you expect trying to make a company that barely makes anything command a trillion dollar evaluation.
its_kim_love
joined 10 months ago
I'm so glad the last rockstar game I ever bought was GTA 3. They suck to high heaven.
Just simply ask yourself, why are all the AI companies discussing going public now? I hope you would agree that AI as it currently stands is far from the human brain replacement it was sold as. Outside of a few very specialized fields it's basically an email generator. They're out of training data for all intents and purposes. AI generated content is so ubiquitous now that you can't use most data moving forward without painstakingly checking it all, and AI is becoming increasingly harder to distinguish cheaply or easily. The widespread adoption has poisoned the well. So AI is as advanced as it's going to be, and it's not worth its valuation. They're all racing for the exit and IPOs are their last hope for their backers to sell and get out before the markets stop being irrational. I hope I'm wrong but that seems to be the writing on the wall.
Edit: they're also already posturing the current administration for a bailout deal.
You basically understand what the people with a vested interest in making AI happen want you to know. The truth is that AI is already starting to crumble. It's a technology that doesn't do 99% of the things it's perported to do, and will never do 90% of what they sold it on.
Me 8 years ago building my PC, "I'll go used this time so I can get the best PC possible for my budget, and I'll slowly upgrade to new as I need to."
Me today,