this post was submitted on 28 Feb 2025
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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What's amazing is how long it's been at an insane level of hype and there isn't a single product that's very popular.
There's niche products, there's products that a lot of people use sometimes or that they don't mind but there's nothing in existence that a lot of people care about. Much less one a lot of people pay for.
The largest voice about the whole thing is how terrible it is. It's just bonkers.
Investors poured completely insane amounts of money into thd endless money pit that is ClosedAI. then they realize betting everything on one horse was really stupid, since they have zero competitve advantage.
now they try to get as much loot off the sinking ship as possible lmao
they'll probably exit scam soon
it's been an ongoing exit scam
OpenAI buys services from a pile of Altman's other portfolio companies
OpenAI buys services from a pile of Altman’s other portfolio companies
which reminds me of one of my actual favourite parts of the bayfuckers playacting building companies: how absolutely self-cycling a lot of the funding ends up being. shartups burning fucking piles of money on other, also-VC-funded, shartups. totally normal and healthy way for money to flow.
it's not startup gambling if it's embezzlement
The bubble is bursting, i hope Nvidia implodes in a never before seen spectacular fashion.
You are being overzealous, the bubble ain't gonna pop for a long while imo
Nah the funding is starting to dry up already. Big players including microsoft are cancelling plans. Ofcourse the scams keep going for a while but the peak is in the past.
I don't think the bubble will pop as long as "Ai" keeps advancing at the pace it is. LLMs, text to photo, and text to video models are getting exponentially better year over year. I really don't think the hype train is going to slow down until the rate of progress slows as well, so far there aren't an indications the rate of progress is going to slow.
Wild guess here that I'm sure you and others will disagree with, even when the bubble "pops" it won't really be a pop but more of a downturn that doesn't actually hurt any of the big players significantly.
Only time will tell, it will certain be interesting to watch as an outsider no-matter what.
LLMs, text to photo, and text to video models are getting logarithmically better year over year.
In my experience they've significantly tailed off over the past year, exponential growth would mean the amount they get better per unit time increases over time. What has gotten better is our ability to run the same level of things on cheaper hardware with less power, again just in my limited experience. (Also this is not the definition of exponential growth, just a property of it. Polynomial growth has the same property)
This article is literally about the fact that progress has stagnated...
There are clearly fundamental issues with the approach they have been using for LLMs. There is no new data left, the entire internet has been scraped already. All thats left is incremental improvements in the way they process the data.
This article is literally about the fact that progress has stagnated...
OpenAI is stagnating, and has been for at least a few months, now. The AI industry as a whole has only continued to accelerate, especially with the new blood that is DeepSeek coming into play.
I hear ethereum is going to solve all of bitcoin's problems
Ed Zitron's podcast this week was discussing this very thing. The bubble is going to break eventually.
Been using deepseek R1 a lot during February and it's been consistently better at giving me what I want on the first go than any of the other models.
OpenAI is stuffed.