101 to People [email protected]English • 2 months agoI thought it was satire, before I look to the source.feddit.orgmessage-square84fedilinkarrow-up1375file-text
arrow-up1375imageI thought it was satire, before I look to the source.feddit.org101 to People [email protected]English • 2 months agomessage-square84fedilinkfile-text
minus-square@[email protected]linkfedilinkEnglish5•2 months agoThey’re racking in a ton of investment case on AI. I’m sure there’s also a slew of government contracts that keep this beast afloat. But in terms of real value added to the economy? This seems like its just another Wall Street bubble waiting to pop.
minus-square@[email protected]linkfedilink4•2 months agoOh I agree. But the fact is these company’s are seeing actual profits right now.
minus-square@[email protected]linkfedilinkEnglish8•2 months agoThey’re seeing a flood of new investment, but they’re also absorbing huge losses from within their AI divisions. The profits they’re reaping are in other sectors.
minus-square@[email protected]linkfedilinkEnglish1•2 months ago a plucky upstart company actually releases general AI Setting aside the very term AGI is ill defined to the point of meaningless, what prevents the bigger company from simply eating the plucky upstart?
They’re racking in a ton of investment case on AI. I’m sure there’s also a slew of government contracts that keep this beast afloat.
But in terms of real value added to the economy? This seems like its just another Wall Street bubble waiting to pop.
Oh I agree. But the fact is these company’s are seeing actual profits right now.
They’re seeing a flood of new investment, but they’re also absorbing huge losses from within their AI divisions.
The profits they’re reaping are in other sectors.
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Setting aside the very term AGI is ill defined to the point of meaningless, what prevents the bigger company from simply eating the plucky upstart?
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Hostile takeovers suggest you can.
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