Can we do away with trillion dollar companies already,. please? They’re not doing anything good for anyone, it always ends with some CEO’s and shareholders enriching themselves over the backs of others
No company should ba r a worth of more than a billion dollars
No single person should have a net worth of over 10 million
to be fair amazon has revenues of 700 billion a year. apple is like 400. You can tax the profits down to nothing but like, we can’t all get iPhones if apple is worth 1billion. im not even sure if they can make an iPhone with 1 billion.
I think the individual 10m is fine, but like, apple has a billion customers. im gonna lose all my photos if they are worth a billion dollars and no new phone. billions of people trying to get a product now, it makes sense that some companies are worth trillions. regulate and tax the shit out of them.
im gonna lose all my photos if they are worth a billion dollars and no new phone.
This is some weird mental hoops you are going through to reach that conclusion.
You have to imagine a world before enshittification , where interoperability was a thing and your media wasn’t held hostage behind a gated platform.
I was in a world before enshitification I vividly remember the hopes of the 1990s. Watching hand held cameras get into the hands of the masses, expanding art and culture of the time. Watching that turn into YouTube and regular people getting paid to entertain regular people. I remember all the dead promises friend. Supply chains are too complicated to place an arbitrary market cap of 1 billion dollars. it doesn’t make sense when companies now serve billions of people. I’m not going to be able to open up a small business of producing iPhones. That requires an insane amount of resources that you probably cannot fathom if you think a billion dollars is a reasonable market cap. I just wanted to point out that a lot of things you enjoy wouldn’t exist in this imagined rule.
So id love to hear how you reorder the global economy and supply chains under a “1 billion dollar company max valuation” How do you get things like iPhones and server farms that hold a billion peoples data?
Personally, I am eyeballs deep in this industry and even I’m now hoping to see it all burn to the ground. I’ve already concluded that I’ll never make it to retirement in my field, probably because of automation. Fuck ‘em all.
Yeah, same here honestly. I’m sick of the ai cringe fest and the egotistical tech bros being so annoying and full of themselves and being arrogant. The tech bros are insufferable
Which part of the industry?
Optometry
I would describe it as the application layer of all this AI shit. We are doing very well right now, but I’m just waiting for the turn.
Same for me. I was directly responsible for automation of AI infrastructure builds. It was miserable and I felt terrible. I transferred out of that org but now I’m writing software using the tools created by our AI infra. I made a lot this year due to equity increase and maybe next year but I want to be out.
Do y’all think investors will wake up and realize that techbros are a bunch of fraudster scammers? Oracle deserves bankruptcy for being stupid with money. All my homies hate the AI-Bubble.
Bro even the way journalists talk about AI like it being a bet couldn’t be more obvious that it’s all a scam. If this AI-Bubble is profitable where are the actual god damn profits.
I imagine there’s quite a few who believe it a fraud but want to profit anyway.
They don’t want to wake up until they have something else more appealing to put their money on. They NEED something to invest. They don’t care what it is, or even if it works but it has to be plausible enough to make money, more money.
Until there is another scam to put their money in, they are stuck in the bubble, like us.
OpenAI CEO Sam Altman declared a “code red” last week as the upstart faces greater rivalry from Google, threatening its ability to monetize its AI products and meet its ambitious revenue targets.
Interesting that even Sam Altman is worried now!
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.Seems to me a problem for the sky high profits could be that it is hard to make AI lock in, like is popular with much software and cloud services. But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
It’s nice that it will probably be impossible for 1 company to monopolize AI, like Microsoft did with operating systems for decades.
Please, government of the USA, do not bail them* out. At least not any more than what you’re already giving them.
* OpenAI
Oracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.
AFAIK there are also problems that Chinese companies have their own tool chain, and are releasing high level truly open source solutions for AI.
One interesting thing about the Chinese “AI Tigers” is the lack of Tech Bro evangelism.
They see their models as tools. Not black box magic oracles, not human replacements. And they train/structure/productize them and such.
But with AI you can use whatever tool is best value, and switch to the competition whenever you want.
Big Tech is making this really hard, though.
In the business world, there’s a lot of paranoia about using Chinese LLM weights. Which is totally bogus, but also understandably hard to explain.
And OpenAI and such are working overtime to lock customers in. See: iOS being ChatGPT-only; no “pick your own API.” Or Disney using Sora when they should really be rolling their own finetune.
OpenAI and such are working overtime to lock customers in.
Of course they are, I just thought they hadn’t figured out how yet. 🤥
I don‘t know of a single
truly open source solutions for AI
from China. China doesn‘t seem very keen on open source as a whole to be honest. That is unless they can monetize on open source projects from outside of China. Their companies love doing that.
Your ignorance is not a valid point.
https://techwireasia.com/2025/07/china-open-source-ai-models-global-rankings/
DeepSeek being an LLM is far from open source and especially not „truly“ open. The very article you linked basically says as much but wraps it in pretty words. Talking about ignorance.
Yes I found out I was wrong, and I thought I had edited most of the wrong posts claiming deepseek is open source.
You are right it isn’t, despite articles claiming it is.
DeepSeek the software is open source.
It‘s open weights but definitely not
truly open source
Feel free to blame the technology as a whole but open source doesn‘t make exceptions for AI models.
Unless the dataset, weighting, and every aspect is open source, it’s not truly open source, as the OSI defines it.
The dataset is massive and impractical to share, and a dataset may include bias and conditions for use, and the dataset is a completely separate thing from the code. You would always want to use a dataset that fit your needs. From known sources. It’s easy to collect data. Programming a good AI algorithm not so much.
Saying a model isn’t open source because collected data isn’t included is like saying a music player isn’t open source, because it doesn’t include any music.EDIT!!!
TheGrandNagus is however right about the source code missing, investigating further, the actual source code is not available. and the point about OSI (Open Source Initiative) is valid, because OSI originally coined the term and defined the meaning of Open Source, so their description is per definition the only correct one.
https://en.wikipedia.org/wiki/Open_source
Open source as a term emerged in the late 1990s by a group of people in the free software movement who were critical of the political agenda and moral philosophy implied in the term “free software” and sought to reframe the discourse to reflect a more commercially minded position.[14] In addition, the ambiguity of the term “free software” was seen as discouraging business adoption.[15][16] However, the ambiguity of the word “free” exists primarily in English as it can refer to cost. The group included Christine Peterson, Todd Anderson, Larry Augustin, Jon Hall, Sam Ockman, Michael Tiemann and Eric S. Raymond. Peterson suggested “open source” at a meeting[17] held at Palo Alto, California, in reaction to Netscape’s announcement in January 1998 of a source code release for Navigator.[18] Linus Torvalds gave his support the following day
Alibaba has released Qwen models under Apache licenses (and they are some of the best models that can reasonably be ran locally). Some argue that models aren’t really open source unless the training code and datasets are made available though.
If they kill oracle, will that kill the last Unix after IBM stole the parent OS of Solaris and put it into Novell’s oubliette to reduce competition?
Pop it! Pop it! 💭
Oracle recently put out a ridiculously optimistic forecast that had them matching AWS within a handful of years. At first the market loved it.
Now I think people are beginning to realise that was a load of bollocks and that they were just overhyping the stock.
The sheer amount of AI slop shorts on YouTube must be generating entire dollars in revenue by now. Who isn’t entertained and eagerly awaiting the next five million videos of the same scenario over and over again?
Lol get fucked fascist
Good.
Good
