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clickety_clack 9 hours ago

Sounds like something an extortionist would say in a movie. “We’re all dirty here!”

zdragnar 8 hours ago | parent | next [-]

Hasn't it been pretty widely acknowledged that AI funding has created a whirlpool of money cycling between a few players- cloud / datacenter hosts / operators (oracle), GPU (nvidia) and model operators (openai).

To pile on, there's hardly a product being developed that doesn't integrate "ai" in some way. I was trying to figure out why my brand new laptop was running slowly, and (among other things) noticed 3 different services running- microsoft copilot, microsoft 365 copilot (not the same as the first, naturally) and the laptop manufacturer's "chat" service. That same day, I had no fewer than 5 other programs all begging me to try their AI integrations.

Job boards for startups are all filled with "using AI" fluff because that's the only thing investors seem to want to put money into.

We really are all dirty here.

jordanb 8 hours ago | parent | prev | next [-]

They really are shameless aren't they?

Makes one think that this was the plan all along. I think they saw how SVB went down and realize that if they're reckless and irresponsible at a big enough scale they can get the government to just transfer money to them. It's almost like this is their new business model "we're selling exposure to the $XX trillion dollar bailout industry."

estimator7292 7 hours ago | parent | next [-]

I don't think it's very difficult to imagine that the usgov is trying to put pressure on industry to make "number go up". Given the general competency level in usgov these days, I also wouldn't be particularly surprised if nobody knew or cared about whether the "up" of the number was real or meaningful, or whether there would be consequences.

Current admin really, really wants the number going up, and is also incapable of considering or is ignorant to any notion of consequence for any actions of any kind.

0cf8612b2e1e 7 hours ago | parent [-]

This is the thing that worries me the most. The market is past due for a market correction. Yet this government is willing to burn down everything for short term gains.

ignoramous 8 hours ago | parent | prev [-]

> They really are shameless aren't they? Makes one think that this was the plan all along.

Not really. Sundar is still pretty bullish on GenAI, just not the investor excitement around it (bubble).

  Pichai described AI as "the most profound technology" humankind has worked on. "We will have to work through societal disruptions," he said, adding that the technology would "create new opportunities" and "evolve and transition certain jobs." He said people who adapt to AI tools "will do better" in their professions, whatever field they work in.
gizajob 4 hours ago | parent [-]

Yeah the profundity of the slop churned out by Sora is really something to behold. Veritably the pinnacle of millennia of human art and creativity.

project2501a 8 hours ago | parent | prev | next [-]

Yeah, exactly: it is an implied threat: "If I go, I am taking you down with me"

SpicyLemonZest 8 hours ago | parent [-]

The context makes it clear that it's not any sort of implied threat. Pichai made his statement in response to an interview question about whether Google might be so well positioned that they're immune to the impact of an AI bubble. (But I don't blame you for being misled - like most headlines these days, this would have been intensely optimized for virality over accuracy, and making tech CEOs sound like supervillains is great for virality.)

pixl97 8 hours ago | parent | prev | next [-]

I mean this commonly happens in business/economies. Businesses that are dirty can make more money, at least temporarily out competing those around them. If they play it right they can drive their good competitors out of business or buy them up. Moreso, the crash at the end of a bubble will just as likely drive the good businesses out as the bad.

lo_zamoyski 8 hours ago | parent | prev | next [-]

"But everybody's doing it!"

cindyllm 8 hours ago | parent | prev [-]

[dead]