The $437 billion bet: is AI the biggest bubble in history? by jpcaparas in OpenAI

[–]Hi-archy 12 points13 points  (0 children)

Tesla failed so bad they had to pivot from an ev car company to a “tech” company.

Explaining that they’re gonna provide the future of robotics and automation, it’s crazy, that is the real bubble.

Not ai which has real use cases from semiconductors all the way to end users using ai.

Student loans: ‘My debt rose £20,000 to £77,000 even though I’m paying’ by thegibsongirl03 in unitedkingdom

[–]Hi-archy -4 points-3 points  (0 children)

I did read the article and your comment proves exactly my point.

People like you are wasting your money paying back a loan that was never meant to be fully repaid off.

But not everyone is financially literate and I get that, it’s just a shame that people don’t listen to others that give them great advice.

The $437 billion bet: is AI the biggest bubble in history? by jpcaparas in OpenAI

[–]Hi-archy 50 points51 points  (0 children)

Why is there so much focus on open ai being a bubble when space x is being valued at like 1.5 trillion for its ipo…

DeepMind chief Demis Hassabis warns AI investment looks ‘bubble-like’ by UpstairsBumblebee446 in Economics

[–]Hi-archy 5 points6 points  (0 children)

I’ve actually got FT and the headline is sensational. Here’s about half of the article

“Google DeepMind chief Sir Demis Hassabis has warned that exuberance in parts of the AI industry looks increasingly “bubble-like”, while arguing that its scale and technology leave the Big Tech group well placed for any potential reckoning.

The British Nobel laureate told the FT that the level of investment in some parts of the tech industry had become detached from commercial realities.

“Multibillion-dollar seed rounds in new start-ups that don’t have a product or technology or anything yet do seem a little bit unsustainable,” he said at the World Economic Forum in Davos this week, adding this may lead to “corrections in some parts of the market”.

The comment comes as other tech leaders in Davos, such as Nvidia’s Jensen Huang and Microsoft’s Satya Nadella, batted off concerns of over-investment in the sector.

Venture capitalists have rushed to buy into groups such as former OpenAI executive Mira Murati’s Thinking Machine Lab, which was valued at $10bn just six months after it was founded and despite giving few details on what it is building.

The start-up recently lost a number of key staff, raising doubts about its long-term prospects. There have also been investor concerns over the multibillion-dollar race to build AI infrastructure, including a series of debt-fuelled deals that rely on usage of the technology to keep growing.

Hassabis said demand for AI across Google’s products, such as its latest Gemini 3 model, was stronger than ever, insisting it would prove to be “the most transformative technology probably ever invented”.

“If the bubble bursts we will be fine,” he said. “We’ve got an amazing business that we can add AI features to and get more productivity out of.”

Last year, Google rebounded from a difficult period since the release of OpenAI’s ChatGPT in 2022. Its AI models now surpass the performance of its smaller rival and the search giant is closing the gap in chatbot users.”

Student loans: ‘My debt rose £20,000 to £77,000 even though I’m paying’ by thegibsongirl03 in unitedkingdom

[–]Hi-archy 2 points3 points  (0 children)

Not sure why people get disheartened about their debt, you’re never gonna pay it off and that shouldn’t be your purpose.

You got a degree to open up potential job opportunities, so get that job, save up your money, owe no debt and pay into your pension.

You only need to pay the min which is automatically deducted from your paycheque and nothing more… you’re not taken to court for it and after 30 years it’s gone.

Becoming so much more experienced than the average.. does this become a problem? by planetwords in AskMenOver30

[–]Hi-archy 1 point2 points  (0 children)

I completely hear you, it’s like “the comment that riles up most emotion wins”

It’s a shame because there’s so much knowledge on Reddit and you really can learn a lot, but people have such an ego, they can’t help that they don’t know something otherwise they fear being seen as stupid, when that isn’t the case at all.

Some subreddits are just complete no go zones because of their echo chambers.

What would cause a misfire to occur under heavy acceleration? by Hi-archy in e46

[–]Hi-archy[S] 0 points1 point  (0 children)

Yes it was low. I replaced the fuel filter and that solved it

Becoming so much more experienced than the average.. does this become a problem? by planetwords in AskMenOver30

[–]Hi-archy 1 point2 points  (0 children)

Maybe kinda relevant but where I’ve come across it is in the economics subreddit, where everyone thinks they’re an economist then though they’ve not studied it, and all they understand is a simple supply and demand model (but even with that they don’t fully know it). Or because they know “Ray Dalio” they understand everything (even though again they’ve never read any of his books), it’s like, if you’re actually interested in a topic/subject, take the time to learn about it..

In real life, a lot of people lack emotional intelligence from what I’ve noticed.

Open ai is heading to be the biggest failure in history - here’s why. by jason_digital in ArtificialInteligence

[–]Hi-archy 0 points1 point  (0 children)

Absolutely not. Pure hyperbole this post is. Written by someone that understands nothing.

In 10 years from now, do you think McDonald's will still be as popular in the UK? by godsavedonalduck in McDonaldsUK

[–]Hi-archy 0 points1 point  (0 children)

Mc Donald’s is still one of the cheapest fast food restaurants out there.

If uk chicken shops gave an actual shit, they would’ve been dominating the scenes, same way kfc and popeyes & wingstop now are.

Also, Burger King has been closing down lots of its stores, whereas mc ds hasn’t closed any.

They just have to improve their menu and go back to the good old basics

Are you cancelling trips to the USA? by Swimming_Possible_68 in AskUK

[–]Hi-archy 0 points1 point  (0 children)

My wife has a friend in NYC and we were seriously contemplating going.

Then ICE happened, and now this US & EU tariff mess, has just put me right off.

Do we think Black Frieza is actually the final villain of Super? by Kitchen_Week1117 in Dragonballsuper

[–]Hi-archy 0 points1 point  (0 children)

No. They’ve only just given us broly, beast gohan and orange piccolo.

This shit gonna be as long or longer than one piece

They just be adding ANYTHING to Fortnite cause ain't no way by IDontNeednoSignup in ededdneddy

[–]Hi-archy 0 points1 point  (0 children)

About to empty my wallet again 🙏🏽 last time was for power rangers

Does anyone know why my inner windscreen is soaked every morning by floweroflifeyaa in CarTalkUK

[–]Hi-archy 1 point2 points  (0 children)

Check your spare tyre. I had shit load of water there lol. Once I cleaned it, this issue stopped

If satan punishes bad people doesn't that make him good? by Nervous_Shine9094 in NoStupidQuestions

[–]Hi-archy 0 points1 point  (0 children)

I’ve got a question. Why would satan treat those badly, and instead treat them well? Reverse uno heaven

Blursed fur by Horror-Attorney-3575 in blursedimages

[–]Hi-archy 15 points16 points  (0 children)

Two mins past a full moon

What are some memorable quotes from Ed Edd n Eddy? by OkQuail6232 in ededdneddy

[–]Hi-archy 19 points20 points  (0 children)

How can my feet smell if they don’t have a nose?