• partial_accumen@lemmy.world
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      14 days ago

      Google isn’t in financial trouble from this spending. Cash Flow Negative just means in a specific period they’re spending more than they bring for that period. Google and other tech giants have been sitting on mountains of unused cash at $242.5 billion for years. This is a rare time where they’re finally dipping into it to the tune of $5.9 billion.

  • scytale@piefed.zip
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    14 days ago

    These companies mortgaging their future because of FOMO on something that doesn’t show any evidence of profit for the foreseeable future.

    • 4am@lemmy.zip
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      14 days ago

      The plan was that LLMs would fool the masses into thinking that “AI” was here and could do anything they desire, create art and stories, fix photos, solve problems…replace workers, engineer first-to-market solutions, find novel inventions, solve systemic problems. Do the budget instantly. Write better code than senior developers.

      And the plan was that since this was so good, all the computing resources on the physical world would need to go to those companies. Everyone would be beholden to them, forever. If you can’t afford your own desktop then you have to use a tablet and rely on the cloud AI service to do your compute for you! Only $200 a month with 500GB storage. They want to become the arbiters of your mind, they want to have the ultimate control over everything.

      But the AI oligarchs? they all saw each other going for it - so they built out so hard they’re stealing people’s homes. They’re actually getting governments to pull eminent domain for this shit, probably through the promise of a huge payout when they control everything.

      And every lead poisoned dipshit boomer fell for it, they think the flying car future is here and that this is all “inevitable” while the worst of Gen X’s pathological hatred of humanity race to consume all the resources first in order to shut out their competition over a fake tech that doesn’t do what they claim it does.

      • Echo Dot@feddit.uk
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        14 days ago

        And that’s why almost all of the AI companies are American or Chinese. Because most other countries aren’t stupid enough to let the corporations have that much control.

      • Zedd_Prophecy@lemmy.world
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        13 days ago

        You’re spot on with the lead…it’s at its last segment of population that lived through leaded gas and paint and others. Cleaned their hands with gasoline people… I worry actually because that is how I got oil and grease off my hands and then hit it with Lava.

    • partial_accumen@lemmy.world
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      14 days ago

      There are better targets for the anger for not paying enough taxes:

      Alphabet (Google parent company) earned $132.17 billion in profits in 2025 and paid $26.656 billion in US taxes for an effective tax rate of 20.1%. Sure this could be, and historically was, higher before trump cut the corporate tax rate from 35% in 2017.

      Tesla, on the other hand at the same time in 2025, paid $0 in US taxes in 2025 on profits of $3.794 billion for an effective tax rate of 0%.

  • SCmSTR
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    14 days ago

    Keep going! AI is the future!

    We all love AI. I wish it were smarter and made it so I could have it do anything.

    I don’t want to spend anything on it though, that’s your investment. Keep going, though! Don’t let your dreams be dreams!

  • Echo Dot@feddit.uk
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    14 days ago

    Why don’t they get the current AI that they already have to work out how to optimize itself so that they don’t need to consume all of the oceans on the planet in order to run it?

    Also maybe don’t give me a summary of every email I receive unless I explicitly ask for it, thst should save them couple of hundred billion tokens.

    • KyuubiNoKitsune
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      14 days ago

      You haven’t disabled that shit? No ways am I letting that privacy nightmare read my emails, it’s bad enough that they’re hosted by Google.

      • Echo Dot@feddit.uk
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        13 days ago

        It’s just part of outlook that’s on by default. I don’t think anybody cares because nobody’s personal emails are accessed via outlook, is 100% business users. The AI can read those emails as much as it wants for all I care

        • KyuubiNoKitsune
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          13 days ago

          Ah, okay, I thought it was a Gemini/Google thing. There is at least some expectation of privacy from Ms in regards to it’s AI on business accounts, but also no expectation of privacy from your own company.