I don’t get Google's AI-based search. If it doesn't send users to the original sites which have the info, then those sites will go out of business. Where will AI get its info from then? Will we be stuck with a pool of information dated 2026?
#AI https://techcrunch.com/2026/05/19/google-search-as-you-know-it-is-over/
@timrichards
You have just described the LLM companies endgame.
They are attempting to destroy all free thought and free creativity.
@timrichards
They don’t care about sustainability.
It is the same with the businesses who are embracing LLM technologies in lieu of human-based.
They won’t care if they destroy their workforce and also their market base, as long as they accrue wealth.
@timrichards
They don’t care.
The have 12 month contracts. As long as their balance sheet looks good for that 12 months, that is all that matters.
We had this issue when I worked as a Trainee Metallurgist.
The Shot blasting machine they used for texturing the rollers in the hot an cold mills was doing $1m worth of damage to itself every year. It was also resulting in substandard quality product.
We wrote a proposal to purchase and Electronic Discharge Texturing machine to replace it; it would cost $3m and use about $500k in consumables in a 4 year period, so it would pay for itself within 4 years.
The bean counters all said No because they all had 12 month contracts and they didn’t want that sort of investment on this years balance sheet.
Depreciation wasn’t able to be accounted for.
@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻
#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses
@timrichards
It’s a great question & never discussed enough.! 🙏🏻
There are dots but no one around long enough to join them… Short-termism. A few years ago all the big LICs (Listed Investment Companies) in Australia were pointing out that as long-term investors they were there to grow value - not short-term gains. They were quite miffed to be treated the same as short term profit takers. It’s a different mindset to think ahead ten years vs next quarter. As @Salvo points out in a neat real world example down thread.
#ShortTermism #longTermInvestment #LICs #ListedInvestmentCompanies #AusPol #AusBusiness #joinTheDots #reconnectingConsequencesToCauses
Tim Richards
Railmaps
Dan W
Su_G
Stephen Gentle
erici