this post was submitted on 30 May 2026
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Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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[–] psx_crab@lemmy.zip 3 points 47 minutes ago

Valuation is merely a prediction on how valuable the company is now and how much they will grow in the future, it's basically a hype train with money in mind. FTX is valued at $32billions in 2022, we all know what happened to the company that year. Same goes for NFT. It is still impressive Antropic's revenue is at $20 billions though, if you ignore the expenses and the cash they burned so far.