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2025-07-03 15:52:30 UTC

sidereal on Nostr: I'm totally unafraid of AI because it just doesn't make money. All of these AI firms ...

I'm totally unafraid of AI because it just doesn't make money. All of these AI firms are hemorrhaging investor cash right now trying to dominate the market, but none of them are what my grandpa would call a "going concern."

No one has actually made a dime off of AI yet. The only person making money off of the entire AI thing is nvidia (sellin the hardware), whose stock now represents over 10% of the entire US GDP--even though no one is turning a profit from buying their hardware.