https://www.newsnationnow.com/business/tech/ai/invested-billions-ai- zero-return/
There has been over $30B in enterprise investments into generative
AI
5% of integrated AI pilots are extracting millions in
value'
AI systems fail due to their inability to learn and think in
ways humans can
. . .
Um ... don't expect "AI" to be Just Like US.
Be HAPPY if it's even a LITTLE Like Us.
In any case, there has been VAST VAST investment
in this tech - but it's returning almost NOTHING
for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the
very annoying Humans.
Guess they go into ghettos ... with an address
to the local Soylent Green factory.
BUT ... WHO then has the money to Buy Your Stuff ???
That's the BIG Flaw in all this.
Obsolete/broke people CAN'T buy your stuff.
System error.
https://www.newsnationnow.com/business/tech/ai/invested-billions-ai- zero-return/
There has been over $30B in enterprise investments into generative
AI
5% of integrated AI pilots are extracting millions in
value'
AI systems fail due to their inability to learn and think in
ways humans can
. . .
Um ... don't expect "AI" to be Just Like US.
Be HAPPY if it's even a LITTLE Like Us.
In any case, there has been VAST VAST investment
in this tech - but it's returning almost NOTHING
for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the
very annoying Humans.
Guess they go into ghettos ... with an address
to the local Soylent Green factory.
BUT ... WHO then has the money to Buy Your Stuff ???
That's the BIG Flaw in all this.
Obsolete/broke people CAN'T buy your stuff.
System error.
On 2025-08-20 08:46, c186282 wrote:
https://www.newsnationnow.com/business/tech/ai/invested-billions-ai-
zero-return/
There has been over $30B in enterprise investments into generative
AI
5% of integrated AI pilots are extracting millions in
value'
AI systems fail due to their inability to learn and think in
ways humans can
. . .
Um ... don't expect "AI" to be Just Like US.
Be HAPPY if it's even a LITTLE Like Us.
In any case, there has been VAST VAST investment
in this tech - but it's returning almost NOTHING
for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the
very annoying Humans.
Guess they go into ghettos ... with an address
to the local Soylent Green factory.
BUT ... WHO then has the money to Buy Your Stuff ???
That's the BIG Flaw in all this.
Obsolete/broke people CAN'T buy your stuff.
System error.
Means you have to change the economy paradigm and start dishing the
universal salary.
But that's a communism! The USA dies of infarct.
https://www.newsnationnow.com/business/tech/ai/invested-billions-ai-zero-return/
There has been over $30B in enterprise investments into generative AI
5% of integrated AI pilots are extracting millions in value'
AI systems fail due to their inability to learn and think in ways humans
can
. . .
Um ... don't expect "AI" to be Just Like US.
Be HAPPY if it's even a LITTLE Like Us.
In any case, there has been VAST VAST investment in this tech - but
it's returning almost NOTHING for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the very annoying Humans.
Guess they go into ghettos ... with an address to the local Soylent
Green factory.
BUT ... WHO then has the money to Buy Your Stuff ???
That's the BIG Flaw in all this.
Obsolete/broke people CAN'T buy your stuff.
System error.
On Wed, 20 Aug 2025 02:46:24 -0400, c186282 <[email protected]> wrote in <[email protected]>:
https://www.newsnationnow.com/business/tech/ai/invested-billions-ai-zero-return/
There has been over $30B in enterprise investments into generative AI
5% of integrated AI pilots are extracting millions in value'
AI systems fail due to their inability to learn and think in ways humans
can
. . .
Um ... don't expect "AI" to be Just Like US.
Be HAPPY if it's even a LITTLE Like Us.
In any case, there has been VAST VAST investment in this tech - but
it's returning almost NOTHING for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the very annoying Humans.
Guess they go into ghettos ... with an address to the local Soylent
Green factory.
BUT ... WHO then has the money to Buy Your Stuff ???
That's the BIG Flaw in all this.
Obsolete/broke people CAN'T buy your stuff.
System error.
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
Might need to move to UBI.
BTW, for some AI examples, I've posted to comp.ai.shells,
including a recent success story with a slightly complex
network configuration.
I used to refer to ChatGPT as "the father of lies" because
of its hallucinations, but it is fairly solid when it comes
to "here's the configuration I want, give me the netplan file"
type of problems.
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
On Wed, 20 Aug 2025 02:46:24 -0400
c186282 <[email protected]> wrote:
In any case, there has been VAST VAST investment in this tech - but
it's returning almost NOTHING for all the investment.
NOT a good business model.
The evil GOAL ... disemploy almost all of the very annoying Humans.
BUT ... WHO then has the money to Buy Your Stuff ???
This is the end result of decades of business culture that promotes
idiots who make impressive-sounding noises over people with actual line-of-business knowledge and/or real management savvy - a bunch of billionaire morons lighting money on fire in hopes of obsoleting the
workers they've already mostly reduced to wage-slaves out of pure
greed, with no consideration for whether the thing they're burning it
on will ever do the thing they hope it will* or whether their lunatic
gamble doesn't stand a real chance of cratering the very economy that
gives their billions any real-world value** in the first place.
* (It won't, at least not the particular technology that all their
moron AI-startup CEO friends are all-in on.)
** (It does.)
Just *beyond* insane - reckless, irresponsible squandering for the sake
of nothing at all beyond sociopathic contempt for everyone they
consider beneath them. Sadly, we're not likely to get the "investors
jumping from windows" phase of the crash - that'd require a level of
basic self-awareness that these flesh-suit simulacra are simply not
capable of - but we can hope that in the fallout they might at least be
eaten alive by starving peasants.
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
What about when NO ONE can work ? Where does
the money come from ? The food ?
But physical reality guarantee, that there is always many more
profitable business to do than people/entrepreneurs actually can perform.
On 21/08/2025 09:44, 🇵🇱Jacek Marcin Jaworski🇵🇱 wrote:
But physical reality guarantee, that there is always many more
profitable business to do than people/entrepreneurs actually can perform.
Now go and apply that to the Kalahari desert
It plays with expensive toys while the rest of the world struggles to
eat. And equates the pure dumb luck of inhabiting a continent stuffed
with resources but not people, as a demonstration of innate superiority, rather than good fortune.
On Thu, 21 Aug 2025 10:20:44 +0100 The Natural Philosopher <[email protected]d> wrote:
All driven by the financial emancipation of consumers with far more
money than sense..
There's a lot of things you can pin on consumer stupidity, but I doubt
this is one of 'em. It's probably in part a natural consequence of the
fact that sensible people may sometimes hire idiots/grifters by mistake,
but idiots/grifters, once they have a foothold, will pretty much always
hire more idiots/grifters, but in the US it got a big boost from a catastrophic court verdict stating that the primary duty of management
in a publically-traded corporation was to the stockholders and the
actual health of the business was at best a secondary concern (let alone little questions like "is what we're doing in any way ethical?" or "do
people even *want* what we're trying to sell them?") Ed Zitron has a
pretty good rundown on how this unfolded:
https://www.wheresyoured.at/tss/ https://www.wheresyoured.at/the-era-of-the-business-idiot/
On Thu, 21 Aug 2025 10:20:44 +0100
The Natural Philosopher<[email protected]d> wrote:
All driven by the financial emancipation of consumers with far moreThere's a lot of things you can pin on consumer stupidity, but I doubt
money than sense..
this is one of 'em.
On 21/08/2025 04:39, c186282 wrote:
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
What about when NO ONE can work ? Where does
the money come from ? The food ?
Uncle Robot
On 8/21/25 5:21 AM, The Natural Philosopher wrote:
On 21/08/2025 04:39, c186282 wrote:
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
What about when NO ONE can work ? Where does
the money come from ? The food ?
Uncle Robot
Oh no, no, no !!!
Too much AI = nobody with money to buy stuff
No customers, no profits. Uncle 'Bot will have
empty pockets.
On 22/08/2025 14:29, c186282 wrote:
On 8/21/25 5:21 AM, The Natural Philosopher wrote:Not at all. They just print money and give it to you.
On 21/08/2025 04:39, c186282 wrote:
Well, think about it: capitalism has no guarantee that there will
be jobs for everybody who can work.
What about when NO ONE can work ? Where does
the money come from ? The food ?
Uncle Robot
Oh no, no, no !!!
Too much AI = nobody with money to buy stuff
So you can buy their products
No customers, no profits. Uncle 'Bot will haveMoney and wealth are not the same things.
empty pockets.
Since the end of Bretton woods
I see it all ... vast vast ghettos full of crap
govt apt blocks, warehousing for the unemployable.
Stand in line every day for your food ration.
Then, soon, you'll see Soylent Green on the list.
And the portions will get smaller and smaller until ...
Why should the elite support a vast number of
unemployables ? Just let 'em DIE. Keep a few
of the pretty girls for slaves, otherwise the
bots will take care of the menial stuff.
Hmmmm ... there was an old Trek about an elite
living SO well and nice in a 'cloud city'. No
one even thought about the slaves providing the
stuff - except maybe the govt propaganda about
how they LIKED living that way. Now sub AI/bots
for the slave labor and what picture do you get ?
On 23/08/2025 05:11, c186282 wrote:
I see it all ... vast vast ghettos full of crap govt apt blocks,I see you have been to Russia.
warehousing for the unemployable.
Stand in line every day for your food ration.
Robert Taylor and Cabrini-Green are the notorious examples but most of the '60s era high rises have been demolished. Most of them were quite nice
before the tenants moved it.
On 23/08/2025 19:38, rbowman wrote:
Robert Taylor and Cabrini-Green are the notorious examples but most of
the '60s era high rises have been demolished. Most of them were quite
nice before the tenants moved it.
It has been noted that high rise flats that sell for millions are well
looked after. High rise flats that are given away free are trashed immediately.
You can take the plebs out of the slum but you cant take the slum out of
the plebs
On Sat, 23 Aug 2025 20:06:53 +0100, The Natural Philosopher wrote:
On 23/08/2025 19:38, rbowman wrote:
Robert Taylor and Cabrini-Green are the notorious examples but most of
the '60s era high rises have been demolished. Most of them were quite
nice before the tenants moved it.
It has been noted that high rise flats that sell for millions are well
looked after. High rise flats that are given away free are trashed
immediately.
You can take the plebs out of the slum but you cant take the slum out of
the plebs
Going back to the Roman social classes I would argue what lives in the projects would correspond to the slaves rather than the plebes but we
can't have slaves anymore. Marx' lumpenproletariat is a misnomer since the proletariat works for a living and has economic value rather than being a drain on the society..
On 24/08/2025 04:36, rbowman wrote:
On Sat, 23 Aug 2025 20:06:53 +0100, The Natural Philosopher wrote:
On 23/08/2025 19:38, rbowman wrote:
Robert Taylor and Cabrini-Green are the notorious examples but most
of the '60s era high rises have been demolished. Most of them were
quite nice before the tenants moved it.
It has been noted that high rise flats that sell for millions are well
looked after. High rise flats that are given away free are trashed
immediately.
You can take the plebs out of the slum but you cant take the slum out
of the plebs
Going back to the Roman social classes I would argue what lives in the
projects would correspond to the slaves rather than the plebes but we
can't have slaves anymore. Marx' lumpenproletariat is a misnomer since
the proletariat works for a living and has economic value rather than
being a drain on the society..
Not gonna argue that one. Except the slaves did useful work
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