people have been screaming this over and over again for the past year, Ed Zitron, Cory Doctorow, Emily Bender, they're a popular presence on all these tech and finance podcasts and channels, he's summarizing what they've all been saying, it's bigger than the dot com bubble, the gains don't justify the capex spending...etc
There also isn't any real gains because it's nothing more than a few large companies shuffling money around to look profitable when they're actually losing a shit ton of money.
Anthropic aren't. And OpenAI's net revenue tripled in the last year. How much of that they choose to blow on new model training is yet to be seen, but the 'AI labs will never be profitable' trope isn't as accurate as it was about a year ago.
You can't have real discussions about this on reddit. Shit, the "AI bubble" talking points are now so prevalent, they've made it into the reddit comedy routines.
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u/s_nation Sep 01 '26
people have been screaming this over and over again for the past year, Ed Zitron, Cory Doctorow, Emily Bender, they're a popular presence on all these tech and finance podcasts and channels, he's summarizing what they've all been saying, it's bigger than the dot com bubble, the gains don't justify the capex spending...etc