AI Read_012 - The Subprime AI Crisis
Update: 2024-10-10
Description
What do numerous over-hyped product launches, massively subsidized compute, over extended investment, lack of customer adoption, unwillingness to pay extra, enormous and increasing costs, and total dependence on a few massive players have in common?
The big tech Ai industry!
Today we dive into a fantastic breakdown of the state of the ai market, and the potentially dismal financial forecast for the poster child of Ai success, OpenAi. Is there really a massive market here that supports 100 billion dollar investments ongoing? Or is it all smoke and mirrors with a very uncertain future.
Check out the original article by Edward Zitron at wheresyoured.at (Link: https://www.wheresyoured.at/subprimeai/)
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