My view of AI (9)

[Fairy-Possum]

Someone shared this website yesterday: https://isaiprofitable.com/


All AI companies are hemorrhaging money, the only ones profiting are the hardware manufacturers and maybe the people using the AI. Once AI companies start increasing their prices to actually cover their costs, AI will become prohibitively expensive to everyone using it. I still have some hope AI isn't long for this world.

Good! Very good! That on top of public backlash, theres hope that it'll be dead in the next decade, hopefully sooner

[chuft]

Hmm my antivirus doesn't like that web page.





Anyway that is interesting, but those figures seem low for the Ai companies.


OpenAI is carrying roughly $100bn in debt, and that burden is on investors funding their ecosystem and needs, including its push for data centre infrastructure.

https://www.aljazeera.com/economy/20...-mounting-debt

and that's from March. That's about twice as much as shown in the chart above.


OpenAI is private, like Anthropic etc so their books are not public yet. Once they have their IPO's and become public companies, which is soon, all this will be a lot more transparent.

The real crushing thing is their near future obligations are enormous. From that article:


In November, HSBC forecast that despite a growing user base, OpenAI’s compute power obligations will total $1.4 trillion by 2033. OpenAI later clarified it would be closer to $600bn by 2030, but just the rental space for all those data centres, for instance, will cost $620bn, analysts point out.

“OpenAI needs to generate $200bn in annual revenue by 2030 to justify their projections. That’s 15x growth in five years while costs keep exploding,” George Noble, a veteran financial analyst, said in a post on X.

“The diminishing returns are becoming impossible to hide. Competitors are catching up. The lawsuits are piling up,” Noble added.

[moomoo]

Hmm my antivirus doesn't like that web page.

Oh thanks for the heads up, I'll check it more closely before sharing the link any further.

[chuft]

Most US doctors are quietly using this AI tool. Few patients know about it



Almost two-thirds of physicians — or roughly 650,000 doctors — in the U.S. actively use OpenEvidence, while another 1.2 million use it internationally, OpenEvidence representatives said. With its quick and tailored replies, OpenEvidence has become an AI-era equivalent of consulting a colleague for their expert opinion, though the software can also write patient discharge notes and provide custom study tools for doctors’ medical exams.

[Presence]

Information gathering has always had this element of subjectivity, where as men we have to decide who’s credible and who isn’t. AI’s application is more advanced than using a calculator to help us do mathematics. There is a complex human process of discernment that machine learning has had difficulty replicating. But I know this: if I had a lot figuring to do with numbers I’d rather have a scientific calculator on hand to assist. This idea forms the basis of computing, because computers were designed to make our lives easier. If AI can ultimately become a sophisticated tool that saves us our valuable time then that is a good thing.