@cstross What, nobody would have guessed that. 😏 Next they find out, that AI is a speculation bubble on the brink of bursting. 🤷

@cstross

Hope these scams to bend workers will collapse very soon... We are Humans not silly machines.

@cstross

I'll start blowing up my party balloons. Come on bubble 🙏

@cstross

Really? They've been lying about their finances? I am shocked. I'm truly Susan Collins-level concerned.

@cstross „All of this comes a week after consulting firm Bain and Co issued a gloomy report finding that the global AI industry would have to reach annual revenue of $6 trillion by 2031 to justify the amount of spending on AI data centers“
Are none of these Wall Street „masters of the universe“ capable of basic arithmetics.
So I asked the most trustable source, ChatGPT. „What are the chances of the global AI industry to reach an annual revenue of $6 trillion by 2031?“ 1/2

@cstross
I've been through 3 maybe 4 crashes with brexit etc and I am getting really sick of watching crash down around me, I really want shot of the LLM thing but I'm not looking forward to the crash

@cstross surely everyone knows that in accounting terms "annualised revenue" is a joke. Most likely they have taken the best days revenue in the last year and multiplied by 365.
And I gather this is the best they can do?

@cstross
🫧

@cstross Lower than expected? Lower than wished for. I'm not an actuary and I knew what to expect.

@cstross
when altman goes to prison we need to shut him up in a sandbox environment NOT connected to the internet

@cstross
So when the AI bubble breaks, Trump will break US by bailing out the tech oligarchs with our money. This could be the final rendering of the working class.

Then comes the apocalypse.

#GeneralStrike

@cstross

It's okay, Jensen Huang will be around to bail them out before too long.

@cstross

@cstross Oh dear oh dear.

On the other hand, it's incredibly hard to prove white collar crime so they'll try to get away with it.