Fuck AI

the funni monkey NFTs had more artistic integrity

Infinite supply with zero demand, of course is has no value.

All it does is flood the market with garbage, ruining the value for real creators.

Almost no value? Slop content has NEGATIVE value.

That's not true. It has negative value. We lost a lot of coworkers from layoffs.

AI companies are burning money by giving the same pile of money to each other and jacking up prices of hardware.

AI influencers are spending thousands of dollars to make hot garbage that nobody wants.

It's not zero value.

CGTrader is a cancerous company. They have implemented every feature they can think of to screw their creators, and increase their profit margins on the back of the hard working 3d artists :

1- After becoming one of the biggest 3d markets (I think 2nd) they have lowered creator's share from sales from 70% to 60%

2- They have allowed 3d generated trash to be sold along side human created content taking away traffic from creators

3- They have introduced a pay to to rank for products. meaning on top of the 40% share they are taking, now they expect creators to pay to have a chance for their products to show up in a very crowded maket

4- 5 Out of 7 days of the week. CGTrader is running sales, with the lowest discount on weekends being 30 % and on weekdays being 50%. Creators who don't opt-in to those sales shouldn't hope to receive any views to their products. they are pressuring prices down because they can earn more on volume. while mid sized creator shops take the loss.

5- They are introducing subscriptions akin to spottily. If most customers switch into subscriptions instead of buying single product, than creator's revenue will quickly crater

6- Now the Cherry on the top : they have introduced the option for users to directly generate AI 3d models. trained on the millions of models the platform is hosting. Despite providing the option to opt-out products from ai training, it is hard to trust such a greedy company to honor creators choice. especialy when no one has access to the training data set and no independent company has made an audit.

Since CGTrader introduced all these changes my revenue went down 65% compared to before.

If you care about human created content and creator's agency. avoid buying from CGTrader and TurboSquid ,most creators have their products listed elsewhere. and if you buy from their own shops the creators will receive a bigger share cutting out these cancerous middlemen.

Labour value theory in action

Yeah, it's the new NFT. Some of us were smart enough to see that a long-ass time ago.

I agree it’s as valuable as 1,000 monkey NFTs but why is software engineering using all over what am I missing.

People enjoyed it for about five minutes and then they got bored.

Because it's all the fucking same and these LLM's are programmed as a race to the middle.

CGTrader, a long-established online marketplace for 3D assets ... is being flooded by AI-generated assets, representing one in six models — but they only account for only $1 out of every $90 in revenue.

The article is about a single marketplace for 3d models. Those numbers are stark and probably reflect people purposely not buying ai, as the article says. But this is a single website in a small niche of the economy. That's just not at all "The Economy Has Spoken".

Headlines these days.😮‍💨

So, Marx’ labor theory of value was correct after all. No labor, no value

“AI uploads are currently growing faster than AI purchases, which makes effective discovery and ranking increasingly important,” CGTrader CEO Dalia Lašaitė told 404 Media.

No, this problem is easy. Put it all in the trash and don’t show it. Problem solved!

These digital asset markets were already on the edge of gluttony.

There's tons of value! Venture capitalists and tech firms sinking their last dimes into circular debt... The government changing finance rules so investment firms can sink your 401k retirement funds into unregulated private equity firms so they can sink YOUR last dime into AI... Investment banks tranching bad AI debt and reselling it just like they did back in '08 with mortgage-backed securities... There's tons of value. You just need an Enron mindset...

Well, yeah. Why buy it when you could just generate it yourself? It's like when people expected others to pay $30 for an NFT that was generated with 0.2ms of cpu time and looks exactly like every other one.

Quite possibly negative value

It’ll be fun to watch companies that have invested ridiculous amounts of money in data centers scramble to make a return on their investment, or at least cut their losses. Investors have frequently been able to ignore public opinion, but they will not ignore losing their money.

The consumers of said product knew that way before the economy did.

the marketplace is being flooded by AI-generated assets, representing one in six models — but they only account for only $1 out of every $90 in revenue.

Sorry, but that's not valueless.

And if someone can pump out near infinite trash for nearly no cost and earn 1% of what they'd earn by actually doing real work, they'll continue to flood the market because it is economically viable, unfortunately