this post was submitted on 31 Aug 2026
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Lol, no its all circular investing and will soon fail to prop itself up. Then all that stolen work gets sent to open weights for everyone to use. Still not the best, but you can't close Pandora's box.
When the bubble bursts, do you think Altman and Amodei won’t be richer than when they started?
I think there will be two new piñatas in the water wars of 2035
Just like with every financial crisis, when the bubble bursts they will get absurd amounts of money to save their unethical shite companies with money from all of us (through taxes). The rich only ever get richer.
https://isaiprofitable.com/
It's wild that Amazon alone has already pissed away more on their own than even Nvidia has earned back. I'm also surprised that Anthropic still isn't remotely profitable given the sheer volume of money the rest of the corporate software world dumped into Claude Code and how much pressure Anthropic applied to monetize it. That alone should be enough to show that it is impossible for AI to be profitable in any traditional sense.
Their actual plan is to monopolize information and basically use (preferably their own) AI as the middleman and broker for all data and information and knowledge and advertising that any human being ever sees. In that, they might eventually be successful. At least if they don't run out of money trying (almost certain), and we don't kill them off or blow them up first.
God damn love to see it