For those that didn’t see the article from yesterday, the relevant rule that they refused to waive was the one that said a company must be profitable.
lol
Lololololol the president of my company went full AI shithead recently and he posted how it was a big deal that they were going public and he was talking about how he see it as a great investment to purchase shares and I asked how it was a great investment to get shares of a company severely in the red and my comment got deleted in a few minutes
Edit: we also got claude code for everyone in the company and they are monitoring token use (as in we need to use a lot) and I asked if they were concerned that the token price would rise if the board of directors of anthropic suddenly wanted to make a profit and that comment also got deleted (this was in a virtual townhall so we can ask stuff, usually they just ignore the ones they don’t want to answer but they were actually deleting them this time)
You know this already but your company management are morons.
My last company they didn’t delete messages. That would be to obvious.
“I am sorry we didn’t get around to answering all the questions live. We will respond to the remaining by email”
No more questions were answered.
is…your company publically traded itself? looking for an easy short
Good. Those clowns will trash the index funds that so many depend on for retirement funding if they tank. And AI certainly will, and SpaceX is dependent on the whims of a drug addicted wingnut.
deleted by creator
from the investment perspective, they’ve been losing a lot of money, and they still don’t have a way to make it back
from the technical perspective, llms probably already reached their peak, and they are still far from reliable in many use cases
also a disaster for the environment and the culture, the growing sentiment is: fuck all thisdeleted by creator
If AI uses fossil fuels, it’s a disaster for the environment, but it doesn’t have to use fossil fuels.
and yet they do
They’ve been spending more then revenue, but revenue is growing, this is normal for new techs.
i’d say it has been normalised, but in the famous cases of amazon and uber, they needed to destroy a “traditional” industry first (aka disrupt), but for chatbots, they need to invent the market first
Reliability depends on expectations.
also, usage depends on reliability. what’s the point of using a tool that’s wrong 10% of the times? you have to check every answer. it doesn’t matter as much in a casual environment, but that’s not a 10% of the gdp kind of industry
My point here is that from what I see, AI will keep growing,
as long as some people are willing to invest billions to keep the bubble growing, but when someone big enough pulls out, it will collapse
but hopefully slowly enough so people can keep up.
holy condescension batman
i’m sorry, i didn’t realise i’m talking to a prompt engineerI mean, I wouldn’t rely on expecting a crash.
well i wouldn’t rely on not expecting one
also, piss off, nobody wants a crash, we will pay for it, after they bail their idiot friends out
AI will definitely stay around, but the current AI hype is a market bubbles waiting to pop, similar to how the dot com bubble burst and we still have the internet.
deleted by creator
Check out this guy’s blog (Ed Zitron)
You are not interested in the actual answer, troll. You act in bad faith and only seek to suck energy and goodwill from decent people that might think you genuinely want to understand something.
The truth is you either do know and you’re playing dumb, or you lack the basic capacity/attention span/empathy to understand and you’re just blindly defending a “team” you think you belong to. Wake up, you wannabe cybertruck driver… you’re not getting an invite to the yacht, the bunker or the child molestation island.
deleted by creator
Megopie gave you a real answer with details hours ago, but you haven’t meaningfully replied to it. Are you sure you’re actually looking for an answer? Or are you looking to feel like you’re correct and that these people don’t know what they’re talking about?
deleted by creator
“…but past attempts to silence me have also failed.”
Your comment would look like this as a person.
I think it will massively correct, like the dotcom bubble for websites. LLMs are a useful utility, but not something that’s going to make economics irrelevant (like people thought about the internet).
Why? LLMs are tools, text models, not AGI magic lamps, and a couple of con artists are trying to convince the world otherwise. That’s an oversimplification, but the jist of it.
And I’m no LLM skeptic. I’ve been playing with ML as a hobby for a decade, with local LLMs before ChatGPT was even available, but the market attitude towards all this is absolutely bonkers. It’s worse than crypto.
deleted by creator
If you look at the SpaceX valuation documents, specifically, they’re relying on orbital data centers, Dyson spheres, and other scifi bullshit to account for a multi-trillion dollar market cap.
Add in that the terms of the IPO afford Musk and his insider friends to dump shares as early as 70 days after launch day.
It isn’t that the companies are bad on their face nearly so much as they’re rigged to implode from within.
Alphaville, at the Financial Times, has been covering these IPOs extensively. Musk’s is arguably the worst, but OpenAI is running a tight second. And Claude is still largely a cash negative endeavor.
They aren’t able to justify their prices.
Found elon.
deleted by creator
Historical precedent.
deleted by creator
breh
I didn’t know that the SNP500 had such rules, but I’m so happy they didn’t cave.
I hope people sue the indexes for changing the rules. Im not sure its possible but it really makes an index meaningless if its not consistent.
Asset allocation funds might still include it. Your Vanguards and BlackRocks.
You mean Vanguard and Blackrock ETF?
Might? Also, when other Ai companies are already counted in the S&P or would be redundant.
The only thing I’m gonna try investing in from this AI shitshow is China’s CXMT RAM since they have a good chance of shanking both Nvidia and the RAM thug monopoly lol.
Fatwa all those godawful techbros.
I have no idea what S&P 500 is, I assume it’s a stock market index for Fortune 500 companies? Anyway, for the sake of humour and laziness I’m just gonna pretend it stands for Salt & Pepper 500 and is a knock-off of Indy 500.
Not sure who the bags of douche downvoting this are, but good on you for asking questions and learning new things. Glad to see people in the thread are engaging with you positively in response.
yeah a lot of times i could just look things up myself but i feel like it’s much much more fun to talk to other people about it instead, hear their opinions and perspectives. i ask a lot of stupid questions on the fediverse.
Why would this get downvoted so much?
Some people seem allergic to bad jokes, can’t say I blame them
When the race starts at the Salt & Pepper 500, they blast “What’s New Pussycat” and leave it on repeat until a winner is crowned.
S&P 500 (Standard and Poor’s 500) is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an aggregate market cap of more than $61.1 trillion as of December 31, 2025.
