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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137

J.P. Morgan calls out AI spend, says $650 billion in annual revenue required to deliver mere 10% return on AI buildout (www.tomshardware.com)

submitted 3 weeks ago by brianpeiris@lemmy.ca to c/fuck_ai@lemmy.world

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[–] beetus@lemmy.world 2 points 3 weeks ago (1 children)

Anyone got a link to the original JP Morgan report? Tomshardware didn't

[–] brianpeiris@lemmy.ca 2 points 3 weeks ago

Looks like it was a private report. Not sure if it will be released publicly. Financial Times has some more direct extracts: https://archive.is/4eqHn (https://www.ft.com/content/59133fa3-3071-47b4-8761-c6922d07c34e)