Thread regarding Bank of New York Mellon Corp. layoffs

AI is not the near future

We all see the massive cost, lack of efficiency, and the lack of ROI.

AI is massively subsidized by companies burning money to prop it up. For every dollar we spend the AI company loses $3-8, SERIOUSLY LOOK IT UP! At some point they will need to turn a profit. If that was today it would mean increasing the cost 300-800%. The hope is making it more efficient, but can they really make it 300-800% more efficient in the near future? Open AI burns 100 BILLION DOLLARS a year, without making a dollar. Even if they make it 200% more efficient, they will still need to more than double the price to make any money.

With how leadership is "adopting" the AI future, AI won't replace jobs, the massive unstoppable loss will.

Anthropic and OpenAI are honey potting companies like BNY into building infrastructure supported by thier products and will lock us in to a massive bill we can't avoid.


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| 12 views | | 3 replies (last April 24) | Reply
Post ID: @OP+1kpvymfgy

3 replies (most recent on top)

Not a single lie was told here

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Post ID: @hn+1kpvymfgy

AI has its use cases. I feel that in the future, it's use will be restricted to cases where it is uniquely useful, not the current use case of use it for everything.

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Post ID: @h9+1kpvymfgy

My boss told me, off the record, AI doesn’t help us at all and is a big fraud, but they are forced to tout it as wonderful. Figures.

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Post ID: @c0+1kpvymfgy

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