Charlie Stross6d ago

This is how the AI bubble bursts: https://www.theverge.com/ai-artificial-intelligence/917380/ai-monetization-anthropic-openai-token-economics-revenue

There is no conceivable way to break even for the AI industry—let alone to repay an investment that requires $2Tn a year from now to the end of the decade. That's about 3% of the entire planetary GNP. Just to break even.

Show threadLegit_Spaghetti6d ago

@cstross My longstanding suspicion is that there are two primary camps driving the Ai car towards the inevitable cliff.

In the passenger seat are the people deeply in Ai psychosis. Their brains are fully cooked, and they genuinely believe this will all lead to some amazing new future.

But in the driver seat, there are the people who know this isn't an economically viable product, who know that the money never made sense, and who know they will get bailed out with taxpayer (read:our) money.

Show threadJaneishly5d ago
@Legit_Spaghetti @cstross Sucks to be them, then, because if it takes another 18 months to burst and there's a period of delay until the rescue packages are constructed there won't be many people left with jobs to pay taxes, at the rate I'm seeing people losing their income.
Show threadJess👾
@janeishly @Legit_Spaghetti @cstross They just throw it all into deficit spending, same as they throw all the tax cuts.
May 28 at 12:40amWeb