Free newsletter: The dawn of token-based billing has shown that generative AI doesn’t have a return on investment. It's too unpredictable, too unreliable, you can't easily measure the cost of tasks, and organizations are already pulling back.
https://t.co/wmI82zWdcq
I think it was Marcus Hutchins who said that the unwillingness to pay for adequate vulnerability research was a major reason LLM based security research would fizzle out. At the end of the day, everything is about money.
Larry Ellison has pledged 30% of his Oracle shares for roughly $21bn of personal loans. The future of Oracle and the Ellison family hinges on its ability to build 7.1GW of data center capacity and for OpenAI to pay it $300 billion over 5 years.
https://t.co/fmxKU8v0bi
"So you're a software company"
"That's right Dave"
"and you spent $500 million on AI tokens in a month?"
"Yep"
"and you're using AI to...replace employees?"
"that's right"
"that's more than your entire annual SG&A, isn't it?"
"uhuh."
we are past the point of no return, but I wish we'd move away from using likes, shares, and general consumption as indication of politics and morality.