Fuck AI

These digital asset markets were already on the edge of gluttony.

CGTrader is a cancerous company. They have implemented every feature they can think of to screw their creators, and increase their profit margins on the back of the hard working 3d artists :

1- After becoming one of the biggest 3d markets (I think 2nd) they have lowered creator's share from sales from 70% to 60%

2- They have allowed 3d generated trash to be sold along side human created content taking away traffic from creators

3- They have introduced a pay to to rank for products. meaning on top of the 40% share they are taking, now they expect creators to pay to have a chance for their products to show up in a very crowded maket

4- 5 Out of 7 days of the week. CGTrader is running sales, with the lowest discount on weekends being 30 % and on weekdays being 50%. Creators who don't opt-in to those sales shouldn't hope to receive any views to their products. they are pressuring prices down because they can earn more on volume. while mid sized creator shops take the loss.

5- They are introducing subscriptions akin to spottily. If most customers switch into subscriptions instead of buying single product, than creator's revenue will quickly crater

6- Now the Cherry on the top : they have introduced the option for users to directly generate AI 3d models. trained on the millions of models the platform is hosting. Despite providing the option to opt-out products from ai training, it is hard to trust such a greedy company to honor creators choice. especialy when no one has access to the training data set and no independent company has made an audit.

Since CGTrader introduced all these changes my revenue went down 65% compared to before.

If you care about human created content and creator's agency. avoid buying from CGTrader and TurboSquid ,most creators have their products listed elsewhere. and if you buy from their own shops the creators will receive a bigger share cutting out these cancerous middlemen.

To be fair, "AI-generated has almost zero value" is a stretch so far from "AI generated 3D models have low sales", that it holds no water.

Society can now have technical debt. And it's piling up.

Quite possibly negative value

And still people are dumb enough to buy AI gemerated pictures on stock photo platforms for a shitload of money. A company I work for as a contractor just payed 400€ for a “1 year exclusive usage” License for a shitty AI generated photo. And then they are proud of themselves for supporting the artists.

Well, yeah. Why buy it when you could just generate it yourself? It's like when people expected others to pay $30 for an NFT that was generated with 0.2ms of cpu time and looks exactly like every other one.

That's not true. It has negative value. We lost a lot of coworkers from layoffs.

AI companies are burning money by giving the same pile of money to each other and jacking up prices of hardware.

AI influencers are spending thousands of dollars to make hot garbage that nobody wants.

It's not zero value.

So, Marx’ labor theory of value was correct after all. No labor, no value

Infinite supply with zero demand, of course is has no value.

All it does is flood the market with garbage, ruining the value for real creators.

CGTrader, a long-established online marketplace for 3D assets ... is being flooded by AI-generated assets, representing one in six models — but they only account for only $1 out of every $90 in revenue.

The article is about a single marketplace for 3d models. Those numbers are stark and probably reflect people purposely not buying ai, as the article says. But this is a single website in a small niche of the economy. That's just not at all "The Economy Has Spoken".

Headlines these days.😮‍💨

It just pushes the market to use AI in each object unnecessarily. An AI integrated fridge, AI integrated hair dryer, AI integrated soap holder.

“AI uploads are currently growing faster than AI purchases, which makes effective discovery and ranking increasingly important,” CGTrader CEO Dalia Lašaitė told 404 Media.

No, this problem is easy. Put it all in the trash and don’t show it. Problem solved!

It’ll be fun to watch companies that have invested ridiculous amounts of money in data centers scramble to make a return on their investment, or at least cut their losses. Investors have frequently been able to ignore public opinion, but they will not ignore losing their money.