"The Al Bubble Is A Lot Worse Than You Think"—Andrei Jikh >
https://youtu.be/-cdJQ8UyVLA?si=wadhhgBT0ESRwpJ_
#circular_funding #AI_bubble #Bail_outs #AI_hype #financial_crisis #stocks #finance #passive_investing NVDIA #Palantir #Open_AI #losses #economy #investing #finance #financial_market #market_economy #crash #economical_insight #video
"Ed Zitron walks you through how NVIDIA funds and pumps money into unprofitable, debt-ridden “neoclouds” all to create vehicles to buy more GPUs - all to cover up the lack of demand for generative AI compute."—Better Offline
The Case Against Generative AI (Part 2) >
https://omny.fm/shows/better-offline/the-case-against-generative-ai-part-2
#podcast #NVIDIA #GPU #lack_of_demand #AI_bubble #AI_hype #generative_AI #debts
In part two of this week’s four-part case against generative AI, Ed Zitron walks you through how NVIDIA funds and pumps money into unprofitable, debt-ridden “neoclouds” all to create vehicles to buy more GPUs - all to cover up the lack of demand for generative AI compute. Latest Premium Newsletter: OpenAI Needs A Trillion Dollars In The Next Four Years: https://www.wheresyoured.at/openai-onetrillion/ YOU CAN NOW BUY BETTER OFFLINE MERCH! Go to https://cottonbureau.com/people/better-offline and use code FREE99 for free shipping on orders of $99 or more. --- LINKS: https://www.tinyurl.com/betterofflinelinks Newsletter: https://www.wheresyoured.at/ Reddit: https://www.reddit.com/r/BetterOffline/ Discord: chat.wheresyoured.at Ed's Socials: https://twitter.com/edzitron https://www.instagram.com/edzitron
“Ed Zitron walks you through how generative AI is sold through a complete misunderstanding of the concept of labor - and myth-building by companies like NVIDIA and OpenAI.”—Better Offline
The Case Against Generative AI (Part 1) >
https://omny.fm/shows/better-offline/the-case-against-generative-ai-part-1
In part one of this week’s four-part case against generative AI, Ed Zitron walks you through how generative AI is sold through a complete misunderstanding of the concept of labor - and myth-building by companies like NVIDIA and OpenAI. Latest Premium Newsletter: OpenAI Needs A Trillion Dollars In The Next Four Years: https://www.wheresyoured.at/openai-onetrillion/ YOU CAN NOW BUY BETTER OFFLINE MERCH! go to https://cottonbureau.com/people/better-offline use free99 for free shipping on orders of $99 or more. Newsletter: wheresyoured.at Reddit: http://www.reddit.com/r/betteroffline Discord chat.wheresyoured.at Ed's Socials - http://www.twitter.com/edzitron instagram.com/edzitron https://bsky.app/profile/edzitron.com https://www.threads.net/@edzitron email me [email protected] SOURCE LINKS: http://www.tinyurl.com/betterofflinelinks
"Why Buying a Laptop Sucks in 2025"—Just Josh >
#laptops #confusion #marketing_tricks #AI_hype #truth #tech_facts #trends #microcomputers
So the #LabourGovernment have either fallen for the #AI_hype hook, line and sinker - which would be very bad, both in itself and for what it implies about their critical thinking skills - or they know its mostly baloney, but are going along with it because they think it'll play well in the UK's Peoria equivalent. -- which would be much worse.
Oh gawd, no... the new Labour gov has drunk the "AI" Kool Aid and gone back for seconds. They're going g to waste a lot of time and money on naked emperors, and it'll probably be the next election before anyone dares to point out the projects are wildly over budget and aren't going to work. Meanwhile the country's problems will be five years worse, and the people five years more cynical and distrustful of democratic politicians. I can even imagine Reform realising there are votes to be had from being scornfully dismissive of AI,.. oh its all too grim /o\
Can't find the Sunday morning schmay-I story online yet, but here's the direction of travel, from yesterday:
https://www.theguardian.com/technology/2025/jan/11/uk-can-be-ai-sweet-spot-starmers-tech-minister-on-regulation-musk-and-free-speech
PS less than two years ago, Labour were singing a different tune: https://www.politico.eu/article/starmer-labour-will-bring-in-stronger-ai-regulation/
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