July 14: we are building several multi-gigawatt compute clusters, the first is called Prometheus (cool myth, no lesson there) August 20: AI hiring freeze.
Looks like Zuck finally is over the metaverse and his new waste of money will be AI. Imagine having enough money to basically end hunger on the entire planet and buy your place in the history books forever and instead just pissing it away on shit like this.
It's worse. The dotcom bubble built quite a bit of infrastructure (LOTS of fibre) that's still useful today. The AI bubble is building gigantic space heaters.
Every since the dot com bubble, every couple years the tech industry invents a new magic box to scam investor money with.
This is just the latest. There was also nfts, block chain, VR, "internet of things," Basically, anything they said was something that could solve numerous unrelated problems with 0 effort.
Agreed. IoT did actually become a thing, but it did not deserve all the hype it got, and a lot of the current gen products are privacy invasive and barely useful, just like the first gen.
IoT became a thing, but like 20 years after the hype started, and it was a security and privacy nightmare, and it wasn’t nearly as cool as promised. Like yeah, I can “technically” check if my clothes are done in the drier, but not using my local computer. It has to be on an app monitoring my every move. God I hate the future.
heteroscedastic
Wow, so dense.
my1rstlaptopwas34inchscreenup
plebs. stop using a/c
piratecaptainwendy
Will someone please save us from all this hot air and just crush his nuts already? Criminy.
sevenfingerman
These serve no purpose whatsoever
REOJackwagon
https://media4.giphy.com/media/v1.Y2lkPWE1NzM3M2U1dXM5dmRrYTY2NTM5Z3N1bmM4bWJvem15d3ZvYXVxdXRhcm1vdW5ubSZlcD12MV9naWZzX3NlYXJjaCZjdD1n/WmKrOMrTFFhPW/200w.webp
DrewThe3DPrinterGuy
Looks like Zuck finally is over the metaverse and his new waste of money will be AI. Imagine having enough money to basically end hunger on the entire planet and buy your place in the history books forever and instead just pissing it away on shit like this.
wheresthehill
That seems to be a lot of effort to get horny computers drooling over kids.
Apeofdeath
Sky net 2
DrDadJokes
It actually Ground Net but yea
woozle
I get the sense that AI is the new dot com bubble.
PowerPedant
It's worse. The dotcom bubble built quite a bit of infrastructure (LOTS of fibre) that's still useful today. The AI bubble is building gigantic space heaters.
michiyl
Luckily, we're already wasting so many resources on it ❤️ /s
SuperIncoherentRantingMan
It's not profitable now that they can't pirate every piece of copyrighted material ever made.
gayvillian
It has a whisp of Enron and a twinge of Leeman Brothers. But i can't wait for it to collapse.
dynamojoe
Me too. There are very good use cases for AI and in some instances it's life changing, but overall the enthusiasm is starting to look like zombo.com
InfocalypseRising
100% it is. It doesn't actually do anything well, sooner or later the dam will break
lastmanonearthbutidroppedmyglasses
It is, but unlike the dot com bubble, it’s not even based around a useful technology.
mafiacarstarter
What do you get when you cross the dot com bubble with crypto?
mrthewhitee
Every since the dot com bubble, every couple years the tech industry invents a new magic box to scam investor money with.
This is just the latest. There was also nfts, block chain, VR, "internet of things," Basically, anything they said was something that could solve numerous unrelated problems with 0 effort.
ourari
Agreed. IoT did actually become a thing, but it did not deserve all the hype it got, and a lot of the current gen products are privacy invasive and barely useful, just like the first gen.
lastmanonearthbutidroppedmyglasses
IoT became a thing, but like 20 years after the hype started, and it was a security and privacy nightmare, and it wasn’t nearly as cool as promised. Like yeah, I can “technically” check if my clothes are done in the drier, but not using my local computer. It has to be on an app monitoring my every move. God I hate the future.
ImFunAtFunerals
You can self-host solutions like home assistant
Skuggen
I've seen multiple reports this week about how investors are starting to get iffy about AI, because 95% of general ai projects aren't profitable.
PowerPedant
Wait, 5% are actally profitable? Which ones?
Cpu46
The same ones that were profitable before the boom. Good old boring data analysis.
PowerPedant
So those that have enough other income to offset all the money they burn on AI?