but even so, the total including the house is still very negative, here. It would be like… I don’t know, I can’t think of anyone in their right mind who could bankrupt a casino 😜
Waymo already exists in some parts of the US and is being trialled in Atlanta and London. Miso Robotics already can automate manual work in kitchens and have their bots rolled out in fast food chains like White Castle. Claude is miles ahead of competitors in terms of output quality, and there are probably a lot of AI slop content creators making absolute bank from YouTube, Instagram and TikTok.
Optimus 3 will be released soon and at a predicted price of $30,000 per robot, it could potentially lead to mass layoffs in warehouses. Because remember, robots don’t get tired, don’t need food, don’t need water, don’t need to piss, don’t need to shit, won’t complain about OSHA violations, and don’t need a paycheck. All that matters is work quality and price
According to some accounts, China are apparently even further ahead than the US in terms of AI and robotics, but they’re deliberately holding back their rollout of humanoid robots and self-driving vehicles because they know a wide rollout will lead to mass unemployment and civil unrest.
A big part of the reason AI spend is so expensive is because there’s this huge arms race to throw gargantuan amounts of computing power in the hopes of achieving AGI that way. While I think AGI may be bullshit and unachievable, I think they’ll eventually turn a profit once they stop focusing on throwing trillions at data centres.
Not just that - it confuses several financial terms.
CAPEX is one time spend. Revenue is recurring. Take Microsoft, as just one example: They are stuffed with cash abroad - they only bring it home when there’s a moratorium; until then it just sits and waits. It’s much cheaper for Microsoft to spend it outside the US than to take it home -
CAPEX that can happen outside the US is often welcomed by the big stock owners as it puts the money to work.
Revenue happens every year. It’s like saying “is this banana stand profitable?” and then answering by saying “well the shed cost 10 dollars and the bananas sell for 5c”. You need more information to understand whether those are good or bad numbers.
And I know - there’s always money in the banana stand!
https://isaiprofitable.com/ is a good site to see how profitable AI is at this moment…
Including Nvidia in the revenue figure is like asking “Is playing in a casino profitable” and including the revenue of the house in the stats.
I dunno there are some people who have bankrupted multiple casinos.
That must have absolutely ruined them!
Surelly since then nobody ever again trusted their ability to run anything!
but even so, the total including the house is still very negative, here. It would be like… I don’t know, I can’t think of anyone in their right mind who could bankrupt a casino 😜
I can think of someone very much not in their right mind who did…
I think it’s only a matter of time.
Waymo already exists in some parts of the US and is being trialled in Atlanta and London. Miso Robotics already can automate manual work in kitchens and have their bots rolled out in fast food chains like White Castle. Claude is miles ahead of competitors in terms of output quality, and there are probably a lot of AI slop content creators making absolute bank from YouTube, Instagram and TikTok.
Optimus 3 will be released soon and at a predicted price of $30,000 per robot, it could potentially lead to mass layoffs in warehouses. Because remember, robots don’t get tired, don’t need food, don’t need water, don’t need to piss, don’t need to shit, won’t complain about OSHA violations, and don’t need a paycheck. All that matters is work quality and price
According to some accounts, China are apparently even further ahead than the US in terms of AI and robotics, but they’re deliberately holding back their rollout of humanoid robots and self-driving vehicles because they know a wide rollout will lead to mass unemployment and civil unrest.
A big part of the reason AI spend is so expensive is because there’s this huge arms race to throw gargantuan amounts of computing power in the hopes of achieving AGI that way. While I think AGI may be bullshit and unachievable, I think they’ll eventually turn a profit once they stop focusing on throwing trillions at data centres.
Was the site built by coke-addled used-car salesmen on their break?
Not just that - it confuses several financial terms.
CAPEX is one time spend. Revenue is recurring. Take Microsoft, as just one example: They are stuffed with cash abroad - they only bring it home when there’s a moratorium; until then it just sits and waits. It’s much cheaper for Microsoft to spend it outside the US than to take it home - CAPEX that can happen outside the US is often welcomed by the big stock owners as it puts the money to work.
Revenue happens every year. It’s like saying “is this banana stand profitable?” and then answering by saying “well the shed cost 10 dollars and the bananas sell for 5c”. You need more information to understand whether those are good or bad numbers.
And I know - there’s always money in the banana stand!
Haha i dont know
That really shows who profits from all of this and i can only hope that company would implode