this post was submitted on 06 Jun 2026
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Currently reading Enshittification.
AI will make money, it’s currently in the make users happy stage which is the least profitable but most important lock in stage.
Stage two comes post IPO when they shift value from users to businesses. They will start printing lots of money at this point.
Stage 3 is where they start to squeeze everyone to their own benefit and start generating cash to the moon and everyone bemoans how they miss the old days of answers without product hints or other nonsense and husinesses miss the old days when they could do anything on top of AI that could make a profit.
Don’t worry, it’s coming, AI stocks are going to drop post IPO because of a surplus of hype and cash but mid to long term they will go crazy high as stage 2 and 3 come online.
This has happened so many times with new tech, it will happen again. Don’t bet against it.
Will it? The cloud models have to fight with the cost of third parties hosting Deepseek and other open weight models.