coyotino [he/him] to [email protected]English • 5 months agoGoldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliablewww.404media.comessage-square91fedilinkarrow-up1297cross-posted to: [email protected][email protected]
arrow-up1297external-linkGoldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliablewww.404media.cocoyotino [he/him] to [email protected]English • 5 months agomessage-square91fedilinkcross-posted to: [email protected][email protected]
minus-squarePenguinCoderlinkfedilinkEnglish72•5 months agoGo-dAmn Sachs is wrong often, but in this I think they’re on point. Learned from the Crypto insanity.
minus-squareNaibofTabrlinkfedilinkEnglish25•5 months agoIt’s costing them money, and they’re not sure they’re going to get it back.
minus-square@[email protected]linkfedilinkEnglish7•5 months agoNaw if they’re publicly bashing it they’ve already dumped on all the downside risk onto their customers and now they’re net short.
Go-dAmn Sachs is wrong often, but in this I think they’re on point. Learned from the Crypto insanity.
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And yet, worth 150 billion.
“valued at” != “worth”
It’s costing them money, and they’re not sure they’re going to get it back.
They’re not
Naw if they’re publicly bashing it they’ve already dumped on all the downside risk onto their customers and now they’re net short.