You'd think the cocaine-snorting classes would understand that only the first hit's free.
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I guess this proves that the execs are clueless about AI.
I guess this proves that the execs are clueless ~~about AI.~~
Good note.
CEO "What, you screwed me over, too? Me?!?"
"We're supposed to fuck everyone over together!!"
Sigh, im sure ceos are sharing these details with a propagandist.
I swear, execs are some of the most gullible people on earth. I know some of them, and none of them are very bright, just very greedy.
- Build up reliance on AI, which looks really cheap
- You can now replace employees with AI so fire away!
- You are now completely dependent on AI and a handful of employees
- AI company sees they have you and start jacking up rates. If you could afford paying for people before then you have the $ to pay high rates.
- Company now wonders why costs are back to where they were before and the AI isn't working out as expected.
It's particularly funny because I'm pretty sure AI companies are still selling the service below cost to try to retain market share (and drive small competitors out of business). They just aren't taking quite as big a loss on every token with the increased prices.
Pretty much the model for so many internet services or streaming services.
- They see people have gone to new companies thatre private unionized and value customers/employees/etc replacing them as they had done with their employees
- The company asks for them to come back to be laughed at as the people watch for them to slowly sink and be replaced with many better alternatives to take their place
- That is happening right now and we all can make it happen faster
Yeah it’s basically the enshitification model
With the quirk that the service was shit to begin with.
Maybe but it’s like crack for CEOs
It's just newsworthy when it happens to companies.
It’s such a perfect grift
And if we had strong labour relationships, we'd make them fucking pay for having attempted to destroy our lives for profit.

"The man selling AI lied so that I would buy AI. :("
We are ruled by privileged idiots.
Have they tried threatening to unsubscribe and go to a competitor? It works well whenever my ISP starts hiking prices after the introductory year.
I think AI is cool and useful, but it doesn't obsolete people. AI doesn't have hands, nor does it have social circles of experts to rely upon, or lived experience.
You'd think they would have learned that from the cloud or any SaaS provider multiple times over already.
Don't even get me started on Facebook's "everyone's pivoting to Facebook video! Don't be left behind!"... "Oh, we lied about your views repeatedly. Sorry."
Should post this under \leopardsatemyface
an astonishing 29 percent of [execs] had no idea where the growing costs associated with AI were coming from.
The headline combined with the quote just make me laugh so much, I love it
And we hope they go broke, dont pay their bills, cause a panic sell on AI services, which causes private equity to panic sell everything... which pops the bubble... and leads to the literal version of 'its raining men' on wall street as executives and profiteers have their horde of ill gotten gains evaporate in seconds.
... too much?
Damn, I was almost there. Keep going
This is what happens when the people in charge of everything are entirely separated from reality.
Ed Zitron wrote a whole thing about these people. Calls them "Business Idiots"
Those same idiots have been in charge of everything for decades, blindly doing whatever suited them.
They got duped and didn't have the technical competence to see it or trust their staff to negotiate it.
Every IT / Developer out there knew it was a bad idea. The C-Staff was sold by the billionaires that you will go AI or you will be left behind.
My own CEO is simultaneously telling us to use AI for as much as we can and telling us to reduce costs as much as possible.
I told my boss this:
- Right now the AI race has a lot of similarities to the dotcom bubble. The subject is packed with risky loans based on huge debts. Those huge debts are expecting to be paid as AI becomes profitable, but AI companies are largely loosing money.
- All those loans and infrastructure create the burden of sunk costs leading to a desperate need to succeed.
- The people feeling that desperation are the same people who own the largest marketing, news, and social media networks in the world.
- As a result, there’s a lot of hype around AI. A lot of “kool-aid,” and everyone wants you to drink it. If you drink the kool-aid, that means you’re also bought into the problem. You also need it to succeed, thus making their problem into your problem.
I explained to him that mature, professional use of AI is going to wind up following a similar path to data engineering. It’ll start with bullshit standards, “prompt engineers” and the like, but eventually SE disciplines are going to define who makes best use of AI. You’re going to have niche use cases for daemon AIs, local LLMs, and remote models. You’ll have stronger frameworks around session management, context management, agent permissions, …
It’s not going to be like this forever, “dump all your shit into our web upload and let the AI figure everything out in one go.” It’s going to become more fragmented, bounded, dare I say deterministic… orchestratable.
Then I told my boss, it would be better if he could frame his excitement around these future use cases… so we can skip the kool-aid stage and get right into the good stuff.
He agreed, until about a week passed. Then it was AI hype again.
Except this time they'll have a hard time blaming the devs and other workers.
I mean they'll sneak around it, but maybe just maybe the blame will not be distributed? Lol who am I kidding.
The're apex predators, they don't blame anyway, just mass layoffs due to non-profitability ()
non-profitability(){
if CEO_makes_less_money_than_they_want();
return true;
return true anyway because fuck the proliariat
}
Can't wait for this AI shit to crash and burn itself to dust!!
Just wait until all the technical debt has to be paid as well.
I already see lots of boutique consultancies popping up specifically saying they will fix tour slop code bases. Developers and doctors will never run out of work.