phlox811d ago
Kevin Dominik Korte
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
Mar 25 at 1:00pmWeb
Show threadClinton Anderson SwordForHire2d ago

@kdkorte

"... if their AI gambit fails."

When

Not if....

Butlerian Jihad

#SmashAllAI

Show threadKevin Dominik Korte2d ago
@ClintonAnderson I'm sure there will be 1 or 2 survivors. Yet, it won't be any of the big names with the big marketing budgets.
Show threadClinton Anderson SwordForHire2d ago

@kdkorte

Kill. Them. All.

Show threadferricoxide2d ago
@kdkorte

Not to bring politics into things, but...

It seems that "plan B" isn't foremost in mind for a lot of executives (particularly of American organizations). I mean, look at the strategy and contingency-planning around the Iran war. There's also a mindset — that I used to think was just a joke — of "planning for failure guarantees, or at least increases the likelihood of, failure" among (again, particularly American) leadership. It's like many feel that if you eliminate options and alternatives, you're less-tempted to (prematurely?) exercise them.
Show threadKevin Dominik Korte2d ago
@ferricoxide I think another problem is that planning for failure involves admitting that you might not be the smartest person in the room. After all, why would my plans fail if I outsmart everyone from the get-go?
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 Korte2d ago
@wordshaper
I'd say step 2 is:
"Sell it with a lot of hand waving, hype, and jargon to unsuspecting buyers."
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.