Comparing market cap of Nvidia, Tesla and Amazon in the last 5 years

The echoes of Y2K resonate in today’s AI landscape as executives flock to embrace the promise of cost reduction through outsourcing to language models.

However, history is poised to repeat itself with a similar outcome of chaos and disillusionment. The misguided belief that language models can replace the human workforce will yield hilarious yet unfortunate results.

  • GaveUp [she/her]@hexbear.netEnglish
    171·
    6 months ago

    It’s fucking absurd, their last earnings was a 12 billion profit at a 50% profit margin…

    For comparison, other monopolies like Microsoft, Meta, Google, and Apple are only about 25-30%

    All these GPUs for shitty genAI crap that does almost nothing but make people unemployed and homeless