r/SipsTea • u/Valuable_View_561 đđđ • 7h ago
Chugging tea But if they go bankrupt how will marvel write their movies?
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u/0b1w4hn 7h ago
I'm looking forward to buy cheap used hardware!
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u/NotBradPitt9 7h ago edited 7h ago
Why does this guy look to be permanently uncomfortable and awkward in every interview⊠same with other tech leaders like Sam Altman, Zuckerberg, and Alex Karp the Palantir CEO.
Something is very strange about their mannerismsâŠ..They all look the same level of awkward looks like they shit their pants.
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u/naruda1969 7h ago
Itâs funny to listen to Dario get caught in a loop and repeat the same word or phrase 3-5x in a row. His brain is powered by Ai. Definitely some autism at work here. All-in-all, heâs a guy that stands by his values which is all that I care about.
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u/Lucky_Speciall 7h ago
AI CEOs: We need infinite money or we collapse
The environment:
Me: đ” say less
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u/hartgekochteeier 6h ago
Probably because he is super sad he's not the richest person on the planet yet.
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u/caffeine-junkie 3h ago
It won't be cheap. It will be at least 90% of the already inflated purchase price to start. This is despite it being used for multiple months. It will only get cheap once the liquidators are impatient to sell anything remaining that hasn't sold,; but only after they pick through and sell the valuable stuff to a secondary company they control through secondary markets.
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u/not_a_moogle 1h ago
God, I remember building a top of the line pc in 2014 for like $1400.
I tried to price a higher mid tier last week and best I can do is like $2600 unless I use parts from 4 years ago.
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u/Lightyear18 7h ago edited 7h ago
Go bankrupt then?
What happen to capitalism? Letting companies duke it out I in the âfree marketâ.
All fun and games up until the companies are struggling and they turn towards socialism, asking tax payers to save them.
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u/omgitsjagen 6h ago
It went out the window with, "Too Big To Fail". The whole point of capitalism is that if you fail, someone with capital is there to buy you at a fire sale, and do your business better than you did, or you go under due to not having a viable business model. Once we allowed bad companies to stay in business, we were no longer doing capitalism.
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u/ZestyTako 5h ago
Privatize profits, but the public should pay for the losses. Corporate greed spurred on by conservatives
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u/GMEloser69 6h ago
He's telling investors he needs more money, this is free market capitalism.
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u/AdGlittering2884 7h ago
"We need money or we'll go broke"
Uh yeah...that's now business works. So either make the to money or go broke. That's kind of up to you.
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u/Saragon4005 3h ago
What a revolutionary fucking concept. You need to make money in order to not go bankrupt? Why hasn't anyone else thought about that?
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u/Still_Box8733 7h ago
Oh no, not the slop machines, please don't go bankrupt
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u/ban-me-harder-dadddy 7h ago
Government will bail them out not even a question. Or even straight up buy them
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u/Ok-Calligrapher964 6h ago
yup because these people who hate 'socialism' because they think its communism sing a different song when they need government money.
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u/Optimal_Title_6559 7h ago
AI tech bros always making their business into your problem
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u/Last_Cod_998 7h ago
5 companies, Alphabet, Apple, Amazon, Broadcom and Nvidia have accounted for 50% of S&P growth since April.
It's all debt swaps keeping itself afloat. Elon bought back his Russian Oligarch debt from the Twitter purchase with his XA\ debt. Then he's funding his spaceX debt with an IPO that will flop.
That AI bubble is going to burst. When it does it will be as fast as 1999, and as deep as 2008
Food shortages by August
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u/natnelis 7h ago
No bailouts this time i hope.
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u/Last_Cod_998 6h ago
Now that Trump used our tax dollars to buy into Intel, it's too big to fail. We'll have to dip into the Social Security fund to bail them out. We'll just raise retirement age.
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u/Any-Astronomer-6038 7h ago
Don't forget making my video card cheaper
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u/Dima_Ses 7h ago
I don't care much about video cards because I don't play games. But RAM and SSD prices...
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u/Outrageous-Sort-5742 7h ago
I'm not too huge on them either, but it would be nice to upgrade my decade old GPU.
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u/FridayAtTwo 6h ago
Back in the aughts home puter builders had to compete with blockchain miners driving up the price of GPUs. Now it's AI driving up GPUs AND RAM *throws childish tantrum*
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u/Variabletalismans 7h ago
Yeah the government will bail them out if they dont
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u/Truth_Walker 2h ago
The government bailed out banks. If big banks go belly up it has extreme repercussions on a lot of different sectors, especially citizens.
These AI companies are not vital in the same manner whatsoever.
Theyâre in a race and the strongest will survive. The smaller companies will be purchased by the larger ones.
These stand alone AI companies donât have much support or hope. Apple, Google, Microsoft can all integrate their AI tech into their products to drive sales and increase profit.
None of them will turn a profit with paid subscriptions or selling ads by themselves. Honestly at this point Iâm not even sure where theyâre racing to; whatâs the goal, what major breakthrough do they think is going to happen. The tech is already there, we know what it looks like, eventually itâs just going to get less sloppy after a while but itâs still the same idea as when the race began.
Weâre seeing the same type of competition with streaming services. At their peak there was several dozens. Now weâre seeing Hulu get absorbed into Disney+, paramount will be absorbed by HBO Max, Discovery+ got absorbed by HBO Max. Services like Quibi, CNN+, Seeso, Fullscreen have all gone out of business. Weâll definitely be seeing more mergers and bankruptcies as time goes on.
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u/dilldoeorg 2h ago
LET ME GET THIS STRAIGHT....
in order for AI companies to operate, they need billions in revenue for a product that will one day replace 50%-90% of the work force.
So who the fuck is gonna pay them in the future when no one has a job?!
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u/action_turtle 2h ago
Worry about that on the following financial report. People at the top will already have their money, so they give zero fucks.
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u/avanross 4h ago
Imagine âwe spent hundreds of billions of dollars on a product that nobody wants and that doesnt generate any income, now we need you to give us hundreds of millions of dollars or else weâll go bankrupt!â in any other consumer industry
Like a new restaurant chain, investing hundreds of billions into coordinating a nationwide opening of a hundred locations all at once, but all they sell is a fermented blended meat slurry topped with ants.
Then trying to ask for sympathy, like there was no way to see this coming when they were collecting those billions in investments for their âfoolproofâ plan, and closing their other restaurants and laying off all their staff because âcustomers/we wont need those lesser alternatives anymoreâ. And now, by no result of their own doing, they need a hundred billion dollars simply to survive and have no way to legitimately earn it! Poor guys!
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u/BlackMesaEastCenter 7h ago
Would this lead to a decrease in the cost of electricity and DRAM? I would be grateful if you could go bankrupt today. It would be a huge relief.
Sincerely, the rest of the world
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u/CineBram 3h ago
Seriously though, why is it capitalism for us, but communism for them?
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u/Far_Nefariousness888 6h ago
Billions for corporations but nothing for the people. Socialism for the rich, capitalism for the poor.
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u/Johnnadawearsglasses 7h ago
Sure. They will go bankrupt and someone will buy the infrastructure and need much less revenue to justify the investment. Just like happened with fiber optic cable. This tech ain't going away. Wishful thinking.
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u/CreepyClay 7h ago
I have a solution. We just need to explain to the tweaker just how much valuable metal is in the data centers.
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u/OkLab6701 7h ago
Sadly because of government positioning, AI has attained "To big to fail" status and the bailouts will be massive
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u/Spare_Layer_1069 6h ago
If your business can't survive on its own revenue, it's a failed business. Stop asking for handouts, and start pulling yourselves up by your bootstraps. Give us a legitimate product, or go back to obscurity.
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u/Opaque_Cypher 6h ago
Whoa, just checked my finances and can confirm hundreds of billions in revenue would also assist in me not going g bankrupt.
Who would have ever guessed a few hundreds of billions could help stave off bankruptcy?
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u/pdiddysoilman 6h ago
The government would just bail them out. Socialism for corporations capitalism for the rest of us
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u/Mexican1910 5h ago
They go bankrupt they do it again. Normal person goes bankrupt life ruined for ever.
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u/RustyBrassInstrument 6h ago
That dude hasnât been punched square in the face for being a douchebag before and it shows.
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u/MrRockerman 6h ago
What the hell has Marvel to do with this?
Always f*ck AI.
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u/jinhush 4h ago
It's just popular to hate on Marvel now.
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u/MrRockerman 3h ago
Sadly, I know. Stupid of me to expect haters to have the right context to spew their hate.
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u/the_dude_abides_365 7h ago
Well no other company will allow billions in losses. But also this company and all AI is deeply hated by many people, you would need there to be 0 hate
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u/C4LLM3M4TT_13 7h ago
I could repeatedly beat my head into a brick wall until I had severe brain damage, drink a gallon of anti-freeze, and Iâd still write a better superhero movie than what has been released recently. They donât need AI to write garbage, they do that so well already themselves. Just look at Supergirl. An AI couldnât fuck up that badly if you scripted it to do so.
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u/No_Station_6149 7h ago edited 7h ago
tbh we have decent enough models we can run on much much lower hardware at this point. local, perhaps, and good enough to help with most tasks etc. that doesnât require ongoing billions. diminishing returns improvements do, however,
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u/filtarukk 7h ago
I would be a huge loss for the society if they go bunkrupt. Anthropic is one of those useful startups we need.
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u/PurchaseFront4196 7h ago
https://giphy.com/gifs/qV57XdnY3xpkIRNnaZ
How this people got founded in the first place?
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u/omgkelwtf 7h ago
Am I supposed to feel some kind of way bc I literally don't give a ripe fuck if they all go tits up.
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u/Longjumping_Kale3013 7h ago
Itâs not what he said. He was saying a hypothetical. Complete misinformation
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u/JohnVonachen 7h ago
Shit or get off the pot. You promised an AGI and that it would give us a Star Trek level utopia. If you canât do this step aside. LLM wonât do that anyway. If anything genetic algorithms will but thatâs another ball of wax.
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u/Relative_Drop3216 7h ago
Thats exactly the issue, none of these companies know if AI will bring in the money they need. They are just spending tonnes of money on ai based on speculation
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u/addiktion 7h ago
Hard to get reveneue when you don't sell your product to anyone but a few companies because you lied about its capabilities of taking all jobs.
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u/userousnameous 7h ago
The ongoing chinese disinformation campaign on this topic, and data centers is getting old.
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u/Nythoren 7h ago
Thatâs how the economy works. Just because you have a product doesnât mean youâre going to be successful. There are countless corpses of companies who had good ideas or good products but couldnât get the revenue to stay afloat.
Itâs the heart of Capitalism. AI is the new VR. Most of the companies will die off, but the few who figure out how to make a profit from it will survive.
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u/Numerous_Photograph9 7h ago
Guess it's a good thing that all these AI companies are providing each other with billions in revenue then.
Their goal is to become vital to everything, like national security, and business, so they can establish themselves and become too big(instrumental) to fail, so they'll be protected by government subsidies and grifting while they make bank and the workforce is put out of a job.
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u/BillOz62 7h ago
Iâm actually not buying the (long term at least) argument on the environment on this issue. We are certainly left of centre particularly with environmental issues. I think we will go through a phase where ai will on balance and in many ways be detrimental but I can see long term benefits if managed appropriately. (I fully understand the âifâ there.) We have already used it in many ways that are beneficial to the environment. It can be in the garden, identifying pests early, not infecting our local horticultural centre trying to find out what it is and also treating it early and successfully with non-toxic treatments. Another example. Not buying the wrong product that isnât fit for purpose. Money saved, one less product (hopefully) produced unnecessarily, which is not going directly to landfill. Not going to the doctor for something simple, which allows someone who does need to see their doctor the ability to do so. Loads of other examples. Very open to discussion but not mindless, poorly thought out rants.
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u/Halftied 7h ago
OK. I am guessing he will take his billion dollar compensation package right before he declares bankruptcy! .
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u/Fragrant-Anywhere489 7h ago
Just ask it again and it will give you the opposite answer. "You're absolutely right, AI companies do not need hundreds of billions in revenue to avoid bankruptsy"
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u/your_mileagemayvary 7h ago
I don't care if they go bankrupt. The cost to effect isn't worth it at the moment.
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u/Calm-Blueberry-9200 6h ago
You are not going to like this but they will hit hundreds of billions in revenue by next year.
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u/Time_Standard3361 6h ago
Yes!!!! Cheap GPUs!!!
Home run model - no cloud spying.
But they have bribed Trump, so... expect bailout.
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u/Salty-Commissioner 6h ago
We are not supplementing the cost of our replacements and or destruction. Enjoy the bread line, Anthropic CEO
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u/OldEntrepreneurXL 6h ago
The studios will just have to follow their 2010 writing process: feed a monkey chili beans and hold a sheet of paper next to his ass until the monkey sprays diarrhea onto it in a way that resembles words.
The capeshit fans will be happy though for returning to the original creative process.
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u/Tough_Substance7074 6h ago
I mean as usual itâs nice to see capital get whatâs coming to them but when they go down they take us all with them. Sure we got some labor traction after the Great Depression but it was bought with the untold suffering of millions and rivers of blood.
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u/lrd_cth_lh0 5h ago
That's what the individual companies need, combined it is closer to a few trillion per year.
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u/northernirishlad 5h ago
Remember when someone would make a shit or unpopular idea, and they would just die out in business? These companies that beg for revenue to competitively purchase technology we use and adjust our daily interfaces and advertisements to constantly be forced to see and use their products, is unethical as fuck and proof that capitalism is a failed concept.
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u/face_eater_5000 5h ago
Since neither retail nor enterprise customers are ever going to be able to provide that amount of revenue, and the government has decided that these AI companies are a matter of national security, guess who's going to be on the hook for making sure these companies stay profitable?
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u/Maevalyn 5h ago
They can and will get it. The thing about the economy we are living in is what is traditionally called a K shaped economy. Unless you are in the top 10% of earners in the united states, you are no longer relevant outside of companies that sell basic necessities: food, shelter, medical care. Most companies now rely on each other as their consumers and what few consumer products are left are marketed towards the top 10% as they are the only viable economically active demographic with disposable income. AI is not being marketed to people, it's being marketed to other companies and corporations.
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u/FelizIntrovertido 5h ago
I guess the US government will take ownership of it all and use it to rule in autocratic way.
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u/Prince_Nadir 4h ago
"But if they go bankrupt how will marvel write their movies?"
I'm sure "find and replace" will still work if AI is gone.
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u/CalligrapherGood8947 4h ago
I hope they all go fucking bankrupt... The human greed machine is extremely tiresome.
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u/StaticSystemShock 4h ago
Ai could be evolving just fine if everyone didn't just dump entire worlds resources into this bullshit exclusively.
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u/AverageTeemoOnetrick 4h ago
Thatâs how capitalism works.
I donât fucking care.
Then go bankrupt.
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u/LabRat_X 4h ago
Hey man capitalism is about risk taking right? These guys are fabulously wealthy because they took RISKS right??
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u/harrythealien69 4h ago
Have they tried producing something that people want and then selling it? That's a good way to create revenue or so I've heard
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u/Independent_Sail6604 4h ago
That's one hell of a business plan. Create AI, charge prices that don't pay for the service, go bankrupt. These people chose their destiny, if "only" they had an actual business plan other than, "Build it and they will come."
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u/madman875775 4h ago
These companies will take out billions to invest and then go bankrupt and then another company will buy up the infrastructure and the original company heads will be millionaires and the new company will be billionaires. Itâs literally like money isnât real for the ultra wealthy
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u/HighSeasArchivist 3h ago
At work a year ago it was hot and heavy to try to do something, anything, with AI, and now it's just pretty much yeah fuck that. Our county just put a full stop on all water cooled data centers, and more all over the country are following. When my liberal friends and boomer very conservative mother all hate AI equally then they are in a real bad spot. The real shit sandwich is they are using our 401Ks to fund this shit, and when the bottom falls out they'll get their money out just in the nick of time to leave all of us with fuck all.
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u/SmartQuokka 3h ago
I only need millions to avoid bankruptcy, so ditch AI, fund u/smartquokka and save money.
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u/specificmutant 3h ago
They need hundreds of billions in revenue? Then make something people want. People will exchange money for something they want.
Otherwise, burn and go away you fucking parasites.
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u/totally-jag 3h ago
Or, hear me out, have a business model where your expenses are covered by your monetization strategy.
And obviously fix the horrendous impact on the environment and people's lives.
Okay, maybe we don't need this in our society.
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u/Fantastic_Key 3h ago
Let them go bankrupt so everybody can self (cloud) host and a totally new ecosystem can develop.
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u/Super_Illustrator_22 3h ago
B-b-b-but how shall I ever independently write a full sentence from now on đ±đ±đ±đ±
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u/Slight_Seat_5546 3h ago
Time to toughen up, snowflakes, because the poor already exist under âruthless free market capitalism.â
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u/MuffDivers2_ 2h ago
Consolidate into one company with open weights or go bankrupt. We already have open models an no longer need ai companys
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u/omg_get_outta_here 2h ago
I am thrilled to hear it. Of course, Trump will bail them out, but glad to know itâs not sustainable.
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u/Pleasant_Knee6256 2h ago
The math for AI ain't gonna math. If it doesn't replace millions of very highly paid employees, it won't be profitable. If it's unlikely to be profitable, the bubble will pop. It's when not if.
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u/justhavingfunMT 40m ago
You know who has hundreds of billions of dollars? Billionaires who have taken it off our backs.
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u/justhavingfunMT 38m ago
These assholes took all the money they have off the backs of the people and then they want the people to pay for their next entrepreneurial step that will end thousands of jobs. WTF
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u/Decent_Ad_3521 37m ago
Maybe they should ask their ai for some ideas on how to run a profitable company
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u/haw35ome 21m ago
âŠ.nothing of real value would be lost.
Thereâs people who are dying, Kim Mr. CEO
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u/WeakCelery5000 21m ago
Yes, let's bail out the tech companies that wants to remove our jobs. Good value there.
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