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spidery rock (stupid) @sorcafa.bsky.social · 31/07/2025

actually most people don't use it and the people who do almost exclusively lose the corporations offering it money. the industry is on the road to collapse so even the userbase it has today will shrink as they try to up prices or just go out of business etc www.wheresyoured.at/the-haters-g...

Sub-header: "The Magnificent 7's AI Story Is Flawed, With $560 Billion of Capex between 2024 and 2025 Leading to $35 billion of Revenue, And No Profit"

Body: "If they keep their promises, by the end of 2025, Meta, Amazon, Microsoft, Google and Tesla will have spent over $560 billion in capital expenditures on AI in the last two years, all to make around $35 billion.

This is egregiously fucking stupid."

"I know some of you will probably read this and point to ChatGPT's users, and I quote myself here:

It has, allegedly, 500 million weekly active users — and, by the last count, only 15.5 million paying subscribers, an absolutely putrid conversion rate even before you realize that the actual conversion rate would be monthly active subscribers. That’s how any real software company actually defines its metrics, by the fucking way.

Why is this impressive? Because it grew fast? It literally had more PR and more marketing and more attention and more opportunities to sell to more people than any company has ever had in the history of anything. Every single industry has been told to think about AI for three years, and they’ve been told to do so because of a company called OpenAI."

"There isn’t a single god damn product since Google or Facebook that has had this level of media pressure, and both of those companies launched without the massive amount of media (and social media) that we have today.

ChatGPT is a very successful growth product and an absolutely horrifying business. OpenAI is a banana republic that cannot function on its own, it does not resemble Uber, Amazon Web Services, or any other business in the past other than WeWork, the other company that SoftBank spent way too much money on.

And outside of ChatGPT, there really isn't anything else."

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