That's on par with all start-ups
this post was submitted on 19 Aug 2025
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for example, “have seen revenues jump from zero to $20 million in a year,” he said. “It’s because they pick one pain point, execute well, and partner smartly with companies who use their tools,” he added.
Sounds like they were able to sell their AI services. That doesn't really measure AI success, only product market success.
Celebrating a revenue jump from zero, presumably because they did not exist before, is… quite surprising. It's not like they became more efficient thanks to AI.
I'm confused by the article suddenly changing to seemingly other semi-related topics and pieces.
It depends on the objectives. They were successful at selling useless crap to fools.
Frankly, I don't believe that even 5% werre successful by any objective criteria.
This is happening at my company. They gave us 6 months to build an AI-tool to replace a non-AI tool that has been very well built and tested for 6 years, and works perfectly well. The AI tool has some very amazing features, but it could never replace the good old tool.
The idiot in charge of the project has such a bad vision on the tool, yet likes to overhype it and oversell it so much.
The idiot in charge of the project has such a bad vision on the tool, yet likes to overhype it and oversell it so much.
AI in a nutshell.
A shame, because the underlying technology - with time and patience and less of an eye towards short term profits - could be very useful in sifting large amounts of disorganized information. But what we got was so far removed from what anyone asked for.
All work with AI has to be double checked. It only works on the first try in the simplest of cases. Even then I need it to run through a few iterations to get the code features I want. You still have to be able to run through the code and understand it regardless of the source.
As a non native English speaker, I found the "pilot" thing a bit confusing. But:
pilot = pilot program
And then it made sense.
Anyways I think it's not so much the 95% that fail that matter, it's the 5% that succeed.
Anyways I think it’s not so much the 95% that fail that matter, it’s the 5% that succeed.
Succeeding in what is also a critical point.
Succeeding in dramatically improving the library sciences? In rapidly sequencing and modeling data in chemistry or biology? In language translation? Cool. Cool. Cool.
Succeeding in slop-ifying mass media? In convincingly fabricating data to dupe industry professionals and regulatory officials? In jamming up my phone with automated sales calls? Less cool.
Correct, not all things that matter are positive.
But it's the 5% we need to focus on.
I hope you're all keeping some money set aside for when the LLM bubble pops. It could end up being the best time to invest at a discount since March 2020.
When Trump got elected I sold some of my stocks. My investments are also my retirement funds, so I don't need them for a while. I'm waiting until the next crash starts, or something else that's pretty bad (war, rogue AI, whatever). If the market crashes I can immediately step in.
Nice.
I recently sold a portion of my crypto at a profit and am just keeping it in a money market for the moment. I want to have a certain amount to throw in stocks when the next crash comes, but don't want to lose out on some of the good things happening now in terms of investing.
I can see that happening.. but invest in what? NVIDIA?
Oil stocks were down 90% in March 2020. That's what I went with. You can profit off a lot of things if you're willing to hold for a few years.
I once had stocks in Shell, mainly because it's a Dutch company (I'm Dutch) and its a pretty stable investment. But it felt very wrong to invest in oil. So after a few months I sold them (thankfully with a little profit).
Personally I just don't want to invest in anything I think fucks up the world. It's also why I don't want to invest in meta and some other tech companies.
It's true. A person has to make the best choices for themselves.
Oil stock, in my case, paid off my student loans and paid for the down payment on my home, and just in time too given that the US leaders have allowed things to get so bad for the people in those arenas.
The way I justify it to myself is that, as far as investing goes, I am among the smallest of the small fish. Unless you own enough to sway votes in a public company, your investment doesn't particularly matter as far as a company's policies and behavior.
Personally I just don’t want to invest in anything I think fucks up the world.
For better or worse, then you wont want to invest in well, anything. Capitalism is always fucking up the world.
That said, most don't have a choice about it, if they ever want to retire.
The best I can get you is investing in Seed Commons, or something similar: https://seedcommons.org/invest
I have trouble just connecting to copilot many days.
We also don't know the true cost of these tools since most AI service providers are still operating at a loss.
Not simply operating at a loss, absolutely dumping their prices giving away their products for almost nothing to gain market share. They are burning money at an impressive rate, just for some imaginary payoff in the future.
So many companies are going to get burnt by it
I know people replacing basic tools with AI versions that are basically just running the simply tool and pretty printing the output
They're only foing it because it's basically free to run it through AI. That whois but with AI is going to be so expensive when these companies enshittif-AI
And, in doing so, they've set the market price at that value for the service they advertise, which is more than they deliver already.
When Ai enters the Valley of Discontent, the price it can set for what it actually offers will be even less than it is now.
A future where we don't have jobs so the rich can make more money by selling us stuff? But I won't have money to pay for stuff! Hmmm!
All MBAs and CEOs are like puppies chasing their own tails.
They want the growth because number go up good. They’ll do anything for number go up. And when number go up, they get the good and then they need to focus on next number go up.
They have no long term plan other than number go up. For the next few quarters, they can slap AI on anything and number go up. What happens if AI takes all the non manual labor jobs? Or if it turns out AI is useless and they wasted billions on snake oil? They don’t know, cause they were thinking about number go up right now, not number go up later.
Our economy is a farce.
The real reason is they want enough money pumped into AI so someone can automate fascism.
That's seriously the plan
Fucking clown world
The dream is to destroy things like entry level professional jobs so they can add to the class divide.
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They are sucking up our power supply at a furious pace though.
Good