2026-10-24 11:37 UTC
Replies (7)
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@MushuChupacabra@piefed.world 2026-10-24 15:36
They needed to make moves when he was doing his stupid metaverse hobby/project. Now they’re hemorrhaging money. Get rid of that liability.
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@CaliforniaSober@lemmy.ca 2026-10-24 21:27
Oh come on! Just look at how visionary his whole vr thing was… Right META?
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@DaveyRocket@lemmy.world 2026-10-25 05:24
On to the next idea that is clearly a failure at inception to everyone but Zuckerfuck and his circle of sycophants
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@MortUS@lemmy.world 2026-10-25 05:31
Oh yeah, I’m sure they’ll out him any day now… This article, like many futurism articles, is conditioning. It’s wild Futurism gets glazed so much on tech lemmy. As the Wall Street Journal phrased it… fkn lol
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@humanspiral@lemmy.ca 2026-10-24 14:48
Definitely massive risk. They are giving away about $200-$400/week user credits for their Muse agent. Hardly anyone would need more than that, but it requires giving them credit card info. Massive competition being released in this personal agent space, just a few weeks after their rollout. SpaceX is going even more nuts. Musk is a fraud supported by Zionist first political rule over US with support for his fraud, but 1.3gw of “spec” datacenters comming online in next 3 months is 5x the hourly gpu rental inventory in the US. BS goal about 10gw extra in 2027 is still gross overspending that makes everyone else go bankrupt from Nvidia price hikes. Grok and Cursor revenue combined still under $1b (last quarter). Zionazi circular financing for GOP corruption will starve rest of industry from access to capital. IPOs are failing everywhere. UAE being forced geopolitically to bail out OpenAI with $30b, because they are out of cash. Coreweave needs $2b cash just to make it to end of year, but no one will give it to them. SpaceX in similar cash burn rate. SpaceX and Meta are both building to just rent GPUs to desperate labs without firm contracts. All labs have separate plans. Coreweave gives massive discounts that force structural losses before impossible interest costs, and Nvidia’s power to charge whatever it wants for delivery. Collapse is very near.
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@Blackmist@feddit.uk 2026-10-25 11:59
I do wonder how some of these companies intend to actually make money with it. Anthropic, fair enough, they’ve convinced companies to spend huge amount of money making sure that programmers can’t remember anything or know what that mass of spaghetti does any more. And MS, presumably it’s all companies spending money on Office 365 Copilot so emails get put in automated holding patterns, and quarterly reports get flashier graphs. Nvidia, they sell shovels. But Meta? Their entire business model is scraping data from real people, packaging and selling it to far right politicians and scammers. I’m struggling to figure how AI does anything other than fuck that up.
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@green_goglin@thelemmy.club 2026-10-25 11:48
META will be bankrupt within 5 years according to the bond & credit markets. META’s Credit Deault Swaps are surging — lol.