You guys still use meta ?
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Deleted Facebook, but everyone is know is still maintaining an IG.
I never expected to say... Man. I bet the investors are really wishing lizard man stuck with the metaverse.
Running out of cash for the AI runway are we?
I feel like we’re watching billionaires race yachts. One person bought a yacht so then they all had to have a yacht and now they’re racing them against one another because for some fucked up reason that competition really gets them off.
Only it’s AI/data centers instead of yachts.
The all need to race yachts because there is only space for one yacht on paradise island.
You mean Epstein island?
AI expected to create efficiencies
Couldn't help but chuckle at that bullet point. We should know by now that AI creates lots of cognitive debt and unstable, vibe-coded software, as well as making people stupid. But one thing it absolutely doesn't seem to do is make things more efficient long term.
The problem here is “expected.” Maybe they’re right and AI will do what they say…well, show us the receipts first then before you ruin thousands of people’s lives?
See we replaced people with costs to run virtual people that would make oracle blush. Are the virtual people any good? Goodness no.
Oh, but they provide hallucinations and bug-ridden, incomprehensible code faster than anyone! That's progress, right? Right?
Through great effort we have molded this once analog curiosity into a digital ouroboros... to very nearly duplicate Kyle from accounting!
... Admittedly this would be the Kyle following the unfortunate kick to the head from that clydesdale.
Nevermind that! We've gone ahead and laid off the rest off accounting and now Kyle² is wielding immesurable power to... Oh. Oh dear.
Yet people STILL use Meta. Friends and family say switching is too hard. They are comfortable with this shit.
Inertia is one of the primary negative forces that moves humanity.
Keeps humanity moving in the same direction.
😉
It's always the network effect.
The layoffs could be as high as 20% of the company!
We can't keep rewarding Big Tech for choosing AI over people.
We need to make the switch to support smaller & better businesses - reminder about purchasewithpurpose.io to help you get started.
Also we shout stop to buy us tech producs completly.
Agreed! There are lots of excellent EU-based alternatives.
EU is going down the same path. The "EU alternative" stuff is just bogus. It's just a matter of time before EU starts doing the same.
Chat Control comes to mind.
Us tech is on a completely different level evil wise. Maybe it gets worse but in the moment EU tech is much less evil. Just listen to what the openai ceo says in interviews.
I want to do that if there is a deal in which part of what I spend is reinvested in hiring workers at humane rates.
Or, even better, in sharing ownership with the workers.
The "bodega romanticism" is something I see as a huge societal issue, also because I can imagine a lot of "bodegas" actually dreaming to achieve the same kind of success of Big Tech.
I don't think AI is to blame. They just don't need those people. I heard big tech hired a lot of people to steal them from smaller businesses, so they could not compete with them. If those employees had been useful to them, they wouldn't fire them.
They're throwing away the one asset that could dig them out of this hole, if only they'd admit they fucked up royally.
This bubble won't burst, it will explode.
Any ideas for how we can hasten the end? I sure would like to stop them before they build more data centers.

Oh no.... anyway.
How about instead of cutting people who actually make money, you made that AI pay for itself?

??
Bubble dollar
In the show the main character has a friend called Bubble Buddy, they purchase one of everything and the friend pays for it with Bubble Money which pops.
Also congrats on being the only person on earth who hasn't heard of Spongebob.
being aware of the show doesn’t mean you understand a vague reference to one specific episode.
That's literally how memes work.
I'm well aware of Sponge Bob and Mr. Krabs, thank you very much. That doesn't mean I know everything that has ever happened in every episode.

Layoff the AI already :P