• Phoenixz@lemmy.ca
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    12 hours ago

    Can we do away with trillion dollar companies already,. please? They’re not doing anything good for anyone, it always ends with some CEO’s and shareholders enriching themselves over the backs of others

    No company should ba r a worth of more than a billion dollars

    No single person should have a net worth of over 10 million

    • TronBronson@lemmy.world
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      41 minutes ago

      to be fair amazon has revenues of 700 billion a year. apple is like 400. You can tax the profits down to nothing but like, we can’t all get iPhones if apple is worth 1billion. im not even sure if they can make an iPhone with 1 billion.

      I think the individual 10m is fine, but like, apple has a billion customers. im gonna lose all my photos if they are worth a billion dollars and no new phone. billions of people trying to get a product now, it makes sense that some companies are worth trillions. regulate and tax the shit out of them.

  • mickus@sh.itjust.works
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    16 hours ago

    Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries’ entire GDP (Australia)

    • TronBronson@lemmy.world
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      35 minutes ago

      Financial engineering, and they are one of the biggest producers of computer hardware for a long time. There’s more business and personal consumers than ever. Everyone’s getting online now, and the AI purchasing frenzy is helping a lot.

    • UltraGiGaGigantic@lemmy.ml
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      14 hours ago

      The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.

  • corsicanguppy@lemmy.ca
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    15 hours ago

    If they kill oracle, will that kill the last Unix after IBM stole the parent OS of Solaris and put it into Novell’s oubliette to reduce competition?

  • TotalCourage007@lemmy.world
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    21 hours ago

    Do y’all think investors will wake up and realize that techbros are a bunch of fraudster scammers? Oracle deserves bankruptcy for being stupid with money. All my homies hate the AI-Bubble.

    Bro even the way journalists talk about AI like it being a bet couldn’t be more obvious that it’s all a scam. If this AI-Bubble is profitable where are the actual god damn profits.

    • utopiah@lemmy.world
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      8 hours ago

      They don’t want to wake up until they have something else more appealing to put their money on. They NEED something to invest. They don’t care what it is, or even if it works but it has to be plausible enough to make money, more money.

      Until there is another scam to put their money in, they are stuck in the bubble, like us.

  • xenomor@lemmy.world
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    24 hours ago

    Personally, I am eyeballs deep in this industry and even I’m now hoping to see it all burn to the ground. I’ve already concluded that I’ll never make it to retirement in my field, probably because of automation. Fuck ‘em all.

    • Sine_Fine_Belli@lemmy.world
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      21 hours ago

      Yeah, same here honestly. I’m sick of the ai cringe fest and the egotistical tech bros being so annoying and full of themselves and being arrogant. The tech bros are insufferable

      • xenomor@lemmy.world
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        20 hours ago

        I would describe it as the application layer of all this AI shit. We are doing very well right now, but I’m just waiting for the turn.

        • abaddon@lemmy.world
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          19 hours ago

          Same for me. I was directly responsible for automation of AI infrastructure builds. It was miserable and I felt terrible. I transferred out of that org but now I’m writing software using the tools created by our AI infra. I made a lot this year due to equity increase and maybe next year but I want to be out.

    • SulaymanF@lemmy.world
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      17 hours ago

      Good. Larry Ellison does not appear to be a force for good in the world. Steve Jobs had negative things to say about him and his obsession with increasing his billions.

  • LostWanderer@fedia.io
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    1 day ago

    Couldn’t have happened to a worse company! Hope it hurts even worse later on and fractures the Execucultist’s will to shill AI further. 😈

      • LostWanderer@fedia.io
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        22 hours ago

        The only good LLM is one that is being used by a highly specialized field to search useful information and not in consumer hands in the form of a plagiarism engine otherwise known as “AI”. Techbros took something that once had the potential to be useful and made it a whole shitty affair. Thanks, I hate it.

        • alias_qr_rainmaker@lemmy.world
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          23 hours ago

          Not sure, but I hear the Claude Super Duper Extreme Fucking Pro ($200/month) is like the Ferrari of LLM assisted coding

          • chronicledmonocle@lemmy.world
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            23 hours ago

            As someone who works in network engineering support and has seen Claude completely fuck up people’s networks with bad advice: LOL.

            Literally had an idiot just copying and pasting commands from Claude into their equipment and brought down a network of over 1000 people the other day.

            It hallucinated entire executables that didn’t exist. It asked them to create init scripts for services that already had one. It told them to bypass the software UI, that had the functionality they needed, and start adding routes directly to the system kernel.

            Every LLM is the same bullshit guessing machine.

            • olympicyes@lemmy.world
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              20 hours ago

              Functions with arguments that don’t do anything… hey Claude why did you do that? Good catch…!

            • alias_qr_rainmaker@lemmy.world
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              22 hours ago

              AI is incredibly powerful and incredibly easy to use, which means it’s a piece of cake to use AI to do incredibly stupid things. Your guy is just bad with AI, which means he doesn’t know how to talk to a computer in his native language

              • chronicledmonocle@lemmy.world
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                13 hours ago

                Generative AI has an average error rate of 9-13%. Nobody should trust it wholesale and what it spits out.

                It has some excellent use cases. Vibe code/sysadmin/netadmin’ing are not one of those things.

                • alias_qr_rainmaker@lemmy.world
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                  11 hours ago

                  I don’t trust it wholesale. No one who knows what they’re talking about trusts it wholesale. Hallucination rates vary depending on who you ask. And you’re wrong about vibe coding, it works great if you’re working on some random side project and not working with a team that has to push to production

              • 9bananas@feddit.org
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                21 hours ago

                no, AI just sucks ass with any highly customized environment, like network infrastructure, because it has exactly ZERO capacity for on-the-fly learning.

                it can somewhat pretend to remember something, but most of the time it doesn’t work, and then people are so, so surprised when it spits out the most ridiculous config for a router, because all it did was string together the top answers on stack overflow from a decade ago, stripping out any and all context that makes it make sense, and presents it as a solution that seems plausible, but absolutely isn’t.

                LLMs are literally design to trick people into thinking what they write makes sense.

                they have no concept of actually making sense.

                this is not an exception, or an improper use of the tech.

                it’s an inherent, fundamental flaw.

                • alias_qr_rainmaker@lemmy.world
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                  21 hours ago

                  whenever someone says AI doesn’t work they’re just saying that they don’t know how to get a computer to do their work for them. they can’t even do laziness right

          • dondelelcaro@lemmy.world
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            21 hours ago

            Ferrari

            So expensive, looks great, takes significant capital to maintain, and anyone who has one uses something else when they actually need to do something useful.

          • RightEdofer@lemmy.ca
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            22 hours ago

            What’s with tech people always stating (marketing) things as akin to high end sports cars. The state of AI is more like arguing over which donkey is best, lol.

  • HugeNerd@lemmy.ca
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    20 hours ago

    The sheer amount of AI slop shorts on YouTube must be generating entire dollars in revenue by now. Who isn’t entertained and eagerly awaiting the next five million videos of the same scenario over and over again?

  • Buffalox@lemmy.world
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    1 day ago

    OpenAI CEO Sam Altman declared a “code red” last week as the upstart faces greater rivalry from Google, threatening its ability to monetize its AI products and meet its ambitious revenue targets.

    Interesting that even Sam Altman is worried now!
    AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.

    Seems to me a problem for the sky high profits could be that it is hard to make AI lock in, like is popular with much software and cloud services. But with AI you can use whatever tool is best value, and switch to the competition whenever you want.

    It’s nice that it will probably be impossible for 1 company to monopolize AI, like Microsoft did with operating systems for decades.

    • brucethemoose@lemmy.world
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      21 hours ago

      AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.

      One interesting thing about the Chinese “AI Tigers” is the lack of Tech Bro evangelism.

      They see their models as tools. Not black box magic oracles, not human replacements. And they train/structure/productize them and such.

      But with AI you can use whatever tool is best value, and switch to the competition whenever you want.

      Big Tech is making this really hard, though.

      In the business world, there’s a lot of paranoia about using Chinese LLM weights. Which is totally bogus, but also understandably hard to explain.

      And OpenAI and such are working overtime to lock customers in. See: iOS being ChatGPT-only; no “pick your own API.” Or Disney using Sora when they should really be rolling their own finetune.

      • Buffalox@lemmy.world
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        20 hours ago

        OpenAI and such are working overtime to lock customers in.

        Of course they are, I just thought they hadn’t figured out how yet. 🤥

    • A_norny_mousse@feddit.org
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      23 hours ago

      Please, government of the USA, do not bail them* out. At least not any more than what you’re already giving them.

      * OpenAI

      • baggachipz@sh.itjust.works
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        1 day ago

        Altman just needs to cobble together a gold Trump statue, deliver it to the White House, and any bailout needed is his.

      • Buffalox@lemmy.world
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        1 day ago

        Oracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.

    • CosmoNova@lemmy.world
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      1 day ago

      I don‘t know of a single

      truly open source solutions for AI

      from China. China doesn‘t seem very keen on open source as a whole to be honest. That is unless they can monetize on open source projects from outside of China. Their companies love doing that.

        • CosmoNova@lemmy.world
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          12 hours ago

          DeepSeek being an LLM is far from open source and especially not „truly“ open. The very article you linked basically says as much but wraps it in pretty words. Talking about ignorance.

          • Buffalox@lemmy.world
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            5 hours ago

            Yes I found out I was wrong, and I thought I had edited most of the wrong posts claiming deepseek is open source.
            You are right it isn’t, despite articles claiming it is.

        • CosmoNova@lemmy.world
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          12 hours ago

          It‘s open weights but definitely not

          truly open source

          Feel free to blame the technology as a whole but open source doesn‘t make exceptions for AI models.

        • TheGrandNagus@lemmy.world
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          1 day ago

          Unless the dataset, weighting, and every aspect is open source, it’s not truly open source, as the OSI defines it.

          • Buffalox@lemmy.world
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            18 hours ago

            The dataset is massive and impractical to share, and a dataset may include bias and conditions for use, and the dataset is a completely separate thing from the code. You would always want to use a dataset that fit your needs. From known sources. It’s easy to collect data. Programming a good AI algorithm not so much.
            Saying a model isn’t open source because collected data isn’t included is like saying a music player isn’t open source, because it doesn’t include any music.

            EDIT!!!

            TheGrandNagus is however right about the source code missing, investigating further, the actual source code is not available. and the point about OSI (Open Source Initiative) is valid, because OSI originally coined the term and defined the meaning of Open Source, so their description is per definition the only correct one.

            https://en.wikipedia.org/wiki/Open_source

            Open source as a term emerged in the late 1990s by a group of people in the free software movement who were critical of the political agenda and moral philosophy implied in the term “free software” and sought to reframe the discourse to reflect a more commercially minded position.[14] In addition, the ambiguity of the term “free software” was seen as discouraging business adoption.[15][16] However, the ambiguity of the word “free” exists primarily in English as it can refer to cost. The group included Christine Peterson, Todd Anderson, Larry Augustin, Jon Hall, Sam Ockman, Michael Tiemann and Eric S. Raymond. Peterson suggested “open source” at a meeting[17] held at Palo Alto, California, in reaction to Netscape’s announcement in January 1998 of a source code release for Navigator.[18] Linus Torvalds gave his support the following day

      • Fubarberry@sopuli.xyz
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        1 day ago

        They are releasing lots of open weight models. If you want to run AI stuff on your own hardware, Chinese models are generally the best.

        They also don’t care about copyright law/licensing, so going forward they will be training their models on more material than Western companies are legally able to.

  • TheGrandNagus@lemmy.world
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    1 day ago

    Oracle recently put out a ridiculously optimistic forecast that had them matching AWS within 5 years. At first the market loved it.

    Now I think people are beginning to realise that was a load of bollocks.