Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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The House of Ellison is on the Brink (www.notesfromthecircus.com)

submitted 5 hours ago by BananaTrifleViolin@piefed.world to c/fuck_ai@lemmy.world

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Everything the world’s briefly richest man built is failing at once.

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[–] BananaTrifleViolin@piefed.world 26 points 5 hours ago

I found this article very interesting; the author is shorting on Oracle and makes that clear. But they give a convincing and cogent argument about the severity of the AI bubble and where it's going, with links to interesting news stories and opinion pieces throughout.

The circular flow of cash between AI companies, and the Enron style revenue inflation is laid out in a clear way. It's scary that such crazy behaviour is going on in the markets, and it seems the markets are catching on.