59
The economy is cracking. This trend is most alarming.
(www.washingtonpost.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 07 Aug 2025
59 points (100.0% liked)
news
24213 readers
545 users here now
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
founded 5 years ago
MODERATORS
GPT 5 coming out today so that might be soon if it's a disappointment
I think it's going to have more to do with the fact that none of these AI companies are making any money. They're lighting mountains of venture capital money on fire with nothing to show for it. I don't think the bubble will pop until rent is due.
I really don’t think the profit margins on AI atm are important for capital.
AI is the golden goose for capital, it’s the promised land, valhalla…a cataclysmic event for life on earth materially and existentially speaking. The promise of AI is the abolition of the most cumbersome cost of every business: labor.
Imagine the circling of wagons every time a sucdem gets publicity, but like 4000 times worse, they will coalesce around this development and they will absolutely dump all of their wealth to achieve this promise, no matter how unfeasible and illusory it is
For the time being, sure, yeah they will. But how long will this go on for without satisfactory, proven results?
So far, while there has been some labour replaced by AI (for example, with very straight-forward and simple jobs/tasks like reading audio books) it's been piecemeal at best. Some companies that have tried to replace their frontline support workers with AI have had to backtrack and hire back their human workers. Some companies that replaced their developers with AI generated code had to backtrack and hire engineers to figure out why their servers were running like ass - oh, whoops, the AI code was dogshit wrapped in cat shit!
The AI companies keep promising that "it will get better" and "we pinky swear we'll be profitable by 2030" and "this is just the beginning" but these empty promises can't go on forever, especially with the tens (hundreds?) of billions of dollars being lit on fire.