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Once these AI companies go belly-up, those people with critical thinking and research skills will be able to name their price.
Those abilities have been in high demand for millenia. Focus on the basics.
Probably not going to go belly-up in a while, but the enshittification cycle still applies. At the moment, investors are pouring billions into the AI business, and as a result, companies can offer services for free while only gently nudging users towards the paid tiers.
When the interest rates rise during the next recession, investors won’t have access to money any more. Then, the previously constant stream of money dries up, AI companies start cutting what the free tier has, and people start complaining about enshittification. During that period, the paid tiers also get restructured to squeeze more money out of the paying customers. That hasn’t happened yet, but eventually it will. Just keep an eye on those interest rates.
Probably not going to go belly-up, in a while
Don’t be so sure about that, the numbers look incredibly bad for them in terms of money burned per actual revenue, never mind profit. They can’t even pay for the inference alone (never mind training, staff, rent,…) from the subscriptions.
As long as they can convince investors of potential future revenue, they will be just fine. In the growth stage, companies don’t have to be profitable because the investors will cover the expenses. Being profitable becomes a high priority only when you run out of series F money, and the next investors can’t borrow another 700 million. It’s a combination of having low interest rates and convincing arguments.
BTW I don’t think this is a good way to run a company, but many founders and investors clearly disagree with me.
I kinda dont like ChatGPT because it trains everything you feed it into it (goes the same with any LLM)
and hopefully it wont be forced Right??? (Probably)“You are going to pay me to think.”
Nah, thank you, I will keep doing that my way…
Thank fuck I graduated college decades ago…
Actual education/teaching is under assault in the US from all sides these days… Not certain today’s students have any chance. 🙄 🤦♀️ 🖕 💩
it is not just the US… the VSE - Prague’s university of economics and business has decided to abandon graduation theses, because it is supposedly “impossible to verify” whether they were written by student or AI, and replaced them with “hands-on” graduation project)
well how would you verify wether a thesis was written by AI? Mind that accusations are a serious matter, so “i guess it sorta looks like AI” or a percent number spat out by some unreliable LLM-detection AI isnt going to cut it
Jesus how bad are their student papers that they can’t tell whether an AI wrote one?!
“hands-on” graduation project
Does hand-on mean supervised?
no, it means they will try to somehow apply the knowledge they acquired to real life problem. creating a project, instead of writing a text.
It’s fine… I’m sure we’ll have UBI anytime now. We’ll have AI working on it.
I’m going to throw up.
🤔
Just ask ChatGPT what this means, it will explain it to you like you’re five.
