This isn’t a defense. This is just me pointing out that this isn’t going away on its own.
Except it totally is going away on its own. Degenerative AI in all its forms is profoundly unprofitable. The whole “AI” sphere out there right now is a circle-jerking, obfuscated Ponzi scheme. The basic problem is unassailable: it costs more to use degenerative AI than anybody is willing to pay for it. So literally every AI company right now is bleeding cash like crazy, and the one AI-adjacent company that is on the books turning record profits is using accounting trickery to make it look like that; one that’s predicated on the assumption that 100% of its account receivables will actually pay off.
Protip: none of its account receivables from the AI firms is going to pay off.
Except it totally is going away on its own. Degenerative AI in all its forms is profoundly unprofitable. The whole “AI” sphere out there right now is a circle-jerking, obfuscated Ponzi scheme. The basic problem is unassailable: it costs more to use degenerative AI than anybody is willing to pay for it. So literally every AI company right now is bleeding cash like crazy, and the one AI-adjacent company that is on the books turning record profits is using accounting trickery to make it look like that; one that’s predicated on the assumption that 100% of its account receivables will actually pay off.
Protip: none of its account receivables from the AI firms is going to pay off.