Mastodawn

I find it mildly silly that some people in tech are still talking about whether "artificial intelligence" tools work or not. For their cost it would be irrelevant even if they worked. Did you actually look at the numbers of the companies involved? Oracle has now a >4 debt/equity ratio, CoreWeave has almost 9. Values above 2 are considered abnormal and dangerous. This is the financial equivalent of smoking in a factory that produces explosives.

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Ian.Burnette Mar 3

@gabrielesvelto I raised this concern at work and was told "well then it's better to use it now and go fast and then if the tools get more expensive we can reassess then"

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Ian.Burnette Mar 3

@gabrielesvelto to be fair, this plan is somewhat valid. We've avoided putting AI in workflows/pipelines, so it's not mission critical.

It would just cause a ton of short term pain

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Gabriele Svelto

@ianburnette as an anecdote I've already heard from a person who started using these tools professionally some 12 months ago, started depending on them and has now had a 10x price increase sprung on them. That's too much for them to afford but they also cannot easily untangle their business because of the dependency. Rock meet hard place.