this post was submitted on 26 Aug 2026
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[–] dustyData@lemmy.world 136 points 1 month ago (3 children)

Wall Street, where everything is possible…if you just fucking lie confidently.

[–] Wammityblam@lemmy.world 37 points 1 month ago (1 children)

The worst part is I don't even think that they think they're lying.

They're so delusional that they 100% believe what they're saying.

[–] glimse@lemmy.world 14 points 1 month ago (1 children)

They are absolutely delusional enough to think that THEIR company will eventually reach AGI but I don't think any truly believe these numbers.

There's been no consequences for lying, only more profit. Look at the space X ipo....The market has shown they'll pay whatever they're told to so lie lie lie.

Lying gets you customers, investors, and government subsidies. And when your competitor lies, you just have to lie harder. The grift economy.

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[–] OctopusNemeses@lemmy.world 19 points 1 month ago (2 children)

I think some of them actually believe. Like on Blind where the tech bros think $100k/yr is poverty wage. They haven't been living in reality in a long time. The tech boom has been going on since what like 2010. It's far longer than the dotcom bubble. They keep managing to jump from one fad to the next. It's far eclipsed prior bubbles.

[–] impairedimperator@lemmy.zip 9 points 1 month ago

Tbh 100k/yr is poverty wage in downtown San Francisco...

[–] Meron35@lemmy.world 6 points 1 month ago (2 children)

100k/year in San Francisco is definitely low income.

Official government figures using an exemplary family of four (two adults two children) already classified a household income of $117,400 as low income back in 2018. By 2025, that threshold has risen to $159,000.

San Francisco: Where a six-figure salary is 'low income' - https://www.bbc.com/news/world-us-canada-44725026

Places Where a Six-Figure Salary is Considered 'Low Income' - https://internewscast.com/news/places-where-a-six-figure-salary-is-considered-low-income/

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[–] Strider@lemmy.world 11 points 1 month ago

You also never get punished if the lie is big enough.

[–] justsomeguy@lemmy.world 75 points 1 month ago (4 children)

Guys I see 100 billion potential children of mine being born in the next year if my entire sperm count is utilized.

[–] realitista@lemmus.org 51 points 1 month ago (2 children)
[–] anon_8675309@lemmy.world 5 points 1 month ago* (last edited 1 month ago)

Wake her ass up!

[–] athatet@lemmy.zip 4 points 1 month ago

Rob Schneider is a piece of shit.

[–] Buffalox@lemmy.world 6 points 1 month ago* (last edited 1 month ago)

With about 4 billion women, that would require they get 25 children with you each.
Yes the math checks out, that sounds possible over a period of some years.
For a second there I thought you were exaggerating. 😋

I'm calling the police right now to report you for the millions of crimes you could potentially commit over the next year.

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[–] BananaTrifleViolin@piefed.world 66 points 1 month ago (4 children)

So the global total GDP this year is estimated to be $100trillion. Anthropic expects it's revenue to eventually be equivalent to 30% of global GDP? US GDP is expected to be $32trillion this year. Antrhopic expects it's revenue to be eventually be equivalent to 94% of US GDP?

And we're supposed to believe we're not in a bubble?

[–] Flower@sh.itjust.works 16 points 1 month ago

SpaceX expects 26T. OpenAI didn't say but if you ask Sam he'll make up a number for you for the last third of world GDP.

Their argument is that AI will make everybody so productive that world GDP will grow massively. Not that there really is any evidence for that, but hallucinating things is now a business plan.

[–] anon_8675309@lemmy.world 15 points 1 month ago

Woah woah woah! You need to factor in that spaceX said it’s looking at $28T

I feel we’re watch a game of bullshitters.

[–] dustletter@piefed.blahaj.zone 5 points 1 month ago

Total addressable market is the amount of revenue they think is available to all AI providers, combined. So it makes sense that this is in the same ballpark as SpaceX's "enterprise services" estimate.

And yes they believe 25% of the economy can be automated with AI. Which is a big downgrade from 100%

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[–] kescusay@lemmy.world 43 points 1 month ago* (last edited 1 month ago) (3 children)

Meanwhile, in the real world, my company has locked down usage of Anthropic's top-tier models, because costs were out of control. Even the low-end models are usage-capped, and developers are starting to write code by hand again.

And we're busily setting up local models we control ourselves on our network edge. We'll probably end up with a modest budget for frontier models (until the model providers collapse), but most of the coding will be done by local models and developers themselves.

And that seems to be the way the entire industry is going, unless Anthropic starts subsidizing tokens with investor money again.

In conclusion: Get fucked, Dario.

[–] boonhet@sopuli.xyz 4 points 1 month ago

Anthropic is only useable within a subscription. Once you hit that limit, you pay like 10x more per token. Fuck that.

[–] portifornia@piefed.social 4 points 1 month ago (2 children)
[–] kescusay@lemmy.world 9 points 1 month ago (1 children)

Honest answer? Not much... yet. As the stupidity of "tokenmaxxing" and replacing developers with hallucinations-and-plagiarism engines really comes into focus, I expect developer hiring to ramp back up.

[–] AceBonobo@lemmy.world 4 points 1 month ago (1 children)

Complex programs are going to absolutely collapse from all the bugs introduced by vibe coding tokenmaxxers.

[–] kescusay@lemmy.world 8 points 1 month ago

It's already happening. Software instability is becoming a major problem.

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[–] sealhaslupus@lemmy.world 32 points 1 month ago (2 children)

keep in mind that would be enough to solve homelessness in virtually any nation

[–] Carnelian@lemmy.world 25 points 1 month ago

Yeah but how would you motivate people to keep their abusive underpaying jobs without the implicit threat of homelessness?

[–] village604@adultswim.fan 9 points 1 month ago

You mean globally. It's enough to just end homelessness all together.

[–] SillyMe@piefed.social 31 points 1 month ago

is this revenue in the room with us right now?

[–] gnutrino@programming.dev 28 points 1 month ago

For context, that's 25% of world GDP or ~$3750 for every man, woman and child on earth.

[–] SaveTheTuaHawk@lemmy.ca 24 points 1 month ago
[–] onlyhalfminotaur@lemmy.world 19 points 1 month ago (3 children)

Meanwhile their ACTUAL revenue is a mere $5-10 billion.

[–] FlashMobOfOne@lemmy.world 12 points 1 month ago

And it's kinda sorta pretend revenue from VCs and circular funding deals.

[–] YiddishMcSquidish@lemmy.today 5 points 1 month ago

I don't believe that for a second. Tokens are legit made up bullshit. Unless Nvidia is investing $4.9-9.9 billion, that math ain't mathing.

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[–] partial_accumen@lemmy.world 19 points 1 month ago (1 children)
[–] Nasan@sopuli.xyz 4 points 1 month ago

why make trillions when we could make... billions? - Microsoft

[–] eurodyne@piefed.world 17 points 1 month ago* (last edited 1 month ago) (4 children)

Yeah, and I foresee over $30 trillion of potential revenue in my OnlyFans page.

The difference? There is a realistic expectation of at least some guaranteed revenue from my onlyfans page without incurring tens of billions of dollars in debt first.

And I can show legitimate growth on my onlyfans page without the aid of “AI”. And while “AI” is a fad, the world‘s oldest profession isn’t going anywhere…

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[–] Buffalox@lemmy.world 13 points 1 month ago* (last edited 1 month ago)

I don't get it, that's less than the global GDP, why is there parts of the global GDP they don't consider accessible?
Or in other words, If they really go on to claim that, they are claiming that more than a quarter of the world GDP is accessible market to them!

This is insane, and has no basis in any kind of possible reality no matter how optimistically viewed.

[–] nightlily@leminal.space 11 points 1 month ago* (last edited 1 month ago)

Oh yeah? Well my business making artisanal bibs for cats will have $31 trillion in potential revenue*

* assuming a cat owner population of around 1 googol.

[–] anon_8675309@lemmy.world 11 points 1 month ago (1 children)

Haha. Are you fucking kidding me!?

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[–] tigermountain@lemmy.world 10 points 1 month ago

Why would any investor believe this?

[–] RunawayFixer@lemmy.world 10 points 1 month ago

A bout of hyperinflation is all that's needed to make this prediction come true.

[–] grte@lemmy.ca 10 points 1 month ago* (last edited 1 month ago)

That's over a quarter of 2025's global GDP. Just to highlight how grounded and sensible this claim is.

[–] phoenixz@lemmy.ca 8 points 1 month ago

Economics has basically come down to "make ridiculous claims and as long as you claim it, mi ey will flow"

[–] TheVoiceOfRaison@thelemmy.club 7 points 1 month ago (1 children)

Why stop at 30 trillion? I'd have thought anything above 4 or 5 would be pure fantasy.

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[–] Yuccagnocchiyaki@lemmy.world 6 points 1 month ago

A whole group of people that no one needs lying to another group that no one needs while both destroy the earth

[–] CompactFlax@discuss.tchncs.de 5 points 1 month ago

GAAP or GTFO

[–] CovfefeKills@lemmy.world 4 points 1 month ago

This is a scam to outsource their market analysis and generate publicity

[–] friend_of_satan@lemmy.world 3 points 1 month ago

Where is this money coming from? VC's sure as hell don't want their companies spending big. Billionairs obviously won't spend money on anything other than buying elections. Normal people have no money to spend on AI. So … what is the revenue stream? Don't tell me it's ads.

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