Kevin Dominik Korte2d ago
It's genuinely worrying how many Tech companies don't have a plan B for what they will do if their AI gambit fails. Given the amount of money that poured into the sector, it should be likewise concerning how many investors don't have a plan B. Maybe it is just a sign that money has become truly meaningless for some.
#AI #investment
Show threadDan Sugalski2d ago

@kdkorte It's genuinely worrying how many tech companies don't have an actual Plan A. When you look at things it's inevitably:

Step 1 - spend trillions of dollars on infrastructure
Step 2 - ???
Step 3 -- Profit!

Show threadKevin Dominik Korte
@wordshaper
I'd say step 2 is:
"Sell it with a lot of hand waving, hype, and jargon to unsuspecting buyers."
Mar 25 at 1:18pmWeb
Show threadDan Sugalski2d ago
@kdkorte Possibly! The problem is that no actual concrete Step 2 anyone's elucidated produces enough revenue to pay for Step 1. The plans are all vague and nonsensical enough that keeping with the South Park origin of the meme seems appropriate.
Show threadKevin Dominik Korte2d ago
@wordshaper Well, the alternative is to find enough idiots to give them venture money, IPO, and hope no one reads the financial statements.
In that sense, if xAI really goes public this year, they might be the only one to reach the "Profit!" step. As in profit for Elon Musk's checkbook, not for anyone else.