879

cross-posted from: https://sopuli.xyz/post/54090600

my kink

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[-] lemmyng@lemmy.world 59 points 22 hours ago
[-] NekoKoneko@lemmy.world 53 points 21 hours ago* (last edited 21 hours ago)

I made this comment elsewhere, but this also severely underplays how unprofitable AI is by counting hardware suppliers' revenue as "profit." AI profitability means to most people what AI itself generates, and counting the spend for buildout as "profit" is doubly wrong.

Nvidia, Micron, AMD and others are selling shovels and mules in an irrational gold rush. A prospector can't point to the money the prospector paid for shovels and a mule to claim prospecting is profitable.

[-] OrganicMustard@lemmy.world 6 points 17 hours ago

Also it is not counting the AI debt the companies have been hiding off the balance. Some months ago it was reported a 420 billion gap of hidden debt just for Meta and a 3 trillion gap for the whole industry.

[-] Knock_Knock_Lemmy_In@lemmy.world 10 points 19 hours ago

I think it is interesting that the shovel sellers profits are still not greater than the Ai losses.

[-] red_tomato@lemmy.world 16 points 21 hours ago

All the revenue is carried by Nvidia and Micron.

[-] tburkhol@lemmy.world 15 points 20 hours ago

And no small part of that revenue is money that Nvidia and Micron "invested" in the companies paying them.

[-] danc4498@lemmy.world -1 points 21 hours ago

1t net loss isn't as bad as I was expecting. 12 months from now might be interesting

[-] shittydwarf@piefed.ca 27 points 22 hours ago

Dude be nutting everywhere

[-] mad_lentil@lemmy.ca 20 points 22 hours ago

So.. basically everybody but Nvidia?

[-] HappyFrog@lemmy.blahaj.zone 3 points 2 hours ago

Nvidia, micron, and amd

[-] bridgeenjoyer@sh.itjust.works 10 points 20 hours ago

No no guys this is the same as electricity and the internet. Its inevitable and is definitely really good and youre all old men yelling at cloud going to be left behind.

Trust us, give me money.

[-] TheReturnOfPEB@reddthat.com 4 points 17 hours ago

Watch the bond market, then. And the interest rate. You will have a few weeks heads up knowing that small and medium sized AI-only companies are about to get puckered in 2027.

Big companies with investments including AI but have outside revenue will probably continue development because:

big companies gonna AI until it is.

Ugh. And with that diatribe I now know I need to change my YouTube algorithm.

[-] purrtastic 8 points 20 hours ago

Originally posted in c/LLM. No upvotes 🤔

[-] aeronmelon@lemmy.world 3 points 15 hours ago* (last edited 15 hours ago)

Are you having federation issues with Sopuli?

[-] DaddleDew@lemmy.world 7 points 21 hours ago

It used to be seeing people lose all their money into NFTs

[-] deadbeef79000 6 points 20 hours ago

Bored AI Yatch Club

[-] the_riviera_kid@lemmy.world 6 points 22 hours ago

Are there any that haven't lost money?

[-] gedaliyah@lemmy.world 1 points 18 hours ago

I have some great news for you about the global economy...

this post was submitted on 03 Nov 2026
879 points (99.5% liked)

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