So it begins 🍿
"Generative AI darling was on track to pay $99M on compute to generate just $11M in revenues"
I expect that one by one these "AI" operations will run out of cash because there's actually no actual value being created an they're just massive money drains.
https://www.theregister.com/2024/04/03/stability_ai_bills/
Esther /
npub1sk…ah7nu
2024-04-03 13:22:41
Author Public Key
npub1skay2e2sp73tsqr7nxl4dl6xl7jxvn3zk3x3mckdvqr9s40px4fq0ah7nuPublished at
2024-04-03 13:22:41Event JSON
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"content": "So it begins 🍿\n\n\"Generative AI darling was on track to pay $99M on compute to generate just $11M in revenues\"\n\nI expect that one by one these \"AI\" operations will run out of cash because there's actually no actual value being created an they're just massive money drains.\n\nhttps://www.theregister.com/2024/04/03/stability_ai_bills/",
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