• Exec@pawb.social
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    14 hours ago

    It would be hilarious if in the end this would cause the bubble to burst

    • toebert@piefed.social
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      14 hours ago

      It does seem like someone wants their investments back and pass on the money black hole over to the public.

      I’d be surprised if they can continue their business as is after an IPO.

      • [object Object]@lemmy.ca
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        10 hours ago

        SpaceX is going public at $2 Trillion dollars on like $12b of revenue.

        They’re trying to foist the bag on to index funds.

      • MagicShel@lemmy.zip
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        12 hours ago

        They are going to enshittify so hard trying to get their money back… it’s too bad, too. I use ChatGPT a fair bit for various things. But eras end and this could herald the end of it being useful to me. At some point I was always just going to set up my own local AI on a server here at home. Hopefully hardware prices can recover a bit before I feel compelled to move on from ChatGPT.

        • AdolfSchmitler@lemmy.world
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          8 hours ago

          I saw an article talking about how prices for AI are cheap as hell right now cuz they’re trying to get people used to not thinking (or programing) for themselves. Then when people are dependent on it they’re planning on jacking the price up.

          • toebert@piefed.social
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            7 hours ago

            The prices are already going up, look at anthropic’s price hikes, or the GitHub copilot ones. You’re right it is just the start though.

    • YiddishMcSquidish@lemmy.today
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      14 hours ago

      Just left a comment a few hours ago essentially echoing this. Sunlight is the best disinfectant, and you can’t hide books from investors.