RockBottom@feddit.org to Fuck AI@lemmy.world · 2 months agoOpenAI's AI spending spree has ballooned to $750Btechcrunch.comexternal-linkmessage-square4linkfedilinkarrow-up192arrow-down10file-textcross-posted to: technology@lemmy.world
arrow-up192arrow-down1external-linkOpenAI's AI spending spree has ballooned to $750Btechcrunch.comRockBottom@feddit.org to Fuck AI@lemmy.world · 2 months agomessage-square4linkfedilinkfile-textcross-posted to: technology@lemmy.world
minus-squareExtremeDullard@piefed.sociallinkfedilinkEnglisharrow-up29·2 months agoThis bubble will make one hell of a pop.
minus-squarechaogomu@lemmy.worldlinkfedilinkEnglisharrow-up9·2 months agoMy prediction is by the end of the year. Oil is soon to spike due to the Strategic Reserves being emptied. That will spike energy prices. Then you have daily stories of companies learning that AI is more expensive than the employees they just fired. (And less capable) Oracle just fired 20k employees. And Spacex stock is tanking. All taken together, this nightmare might finally be lifting.
This bubble will make one hell of a pop.
My prediction is by the end of the year.
Oil is soon to spike due to the Strategic Reserves being emptied. That will spike energy prices.
Then you have daily stories of companies learning that AI is more expensive than the employees they just fired. (And less capable)
Oracle just fired 20k employees.
And Spacex stock is tanking.
All taken together, this nightmare might finally be lifting.