• 87Six@lemmy.zip
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    2 months ago

    … Not that I like that guy, but he’s running one of the most profitable businesses ever…

    • fullsquare@awful.systems
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      2 months ago

      he’s raking money now, but his continued success depends on his customers turning profit from ai, and buying his chips forever, and what cannot continue has to stop. vc money can’t paper over this financial burn pit indefinitely

        • fullsquare@awful.systems
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          2 months ago

          all of these brainrot as a service chatbots are subsidized by vc at 10x rate give it or take, it’s not economical to use them now even for things like call center and definitely won’t be after vc money dries out. massive influx of cash into capex by the same just papers over recession that you out there already have and graduate unemployment is one of its facets that isn’t masked this way