Ask chatgpt how to increase cash flow.. are they stupid.
imaginary_num6er on
Sounds like he shouldn’t have flushed his cash down the drain with WeWork
pre_nerf_infestor on
softbank’s gotta be one of the greatest arguments against meritocracy ever produced
mrswift45 on
Time for a big beautiful bailout
CostGuilty8542 on
Its a bubble
CelebrationFit8548 on
Why would anyone dump funds into ‘the most overhyped and under-performing ***poor quality low value product***’ ever created in human history defies belief.
These people *deserve to lose these funds* if they are buying into the BS that is AI after the clear evidence of the ***’significantly poor quality products’*** that the AI Slop Shops keep pumping out with very low to no value.
0x476c6f776965 on
I don’t get it. Why invest in OpenAI when Google delivers the same or arguably a superior product (Gemini), with a healthier balance sheet. Sam Altman’s shit must be so legendary that these big shot investments CEOs don’t realize it stinks.
Oceanbreeze871 on
Have they tried using AI to solve the problem?
Chicano_Ducky on
if liquidity is an issue, we might be near the end but at this point no matter happens its going to be painful
if the bubble pops, we repeat what happened to Japan in the 80s and those lenders become desperate to recoup their losses in heavy handed ways
if it doesnt, hardware becomes a service and the economy is strangled to death by declining computer literacy of workers who only owned a phone with no reason to pay 20 bucks an hour to use a computer and cloud fees that rise faster than the wages as skilled labor ages out of the population and the software companies that make computers useful go bankrupt too.
Im sure people will spend $20 an hour to use a computer with nothing to do on it and games stop being made because the Adobe software used to make those games disappear too. And im sure the open source software big tech needs will continue just fine when it costs the contributors money for every hour they contribute to the project in their spare time.
Its like these tech bros dont think ahead while giving long rants about the future
jaymannnn on
so on brand for softbank to be right at the centre of the dumpster fire that is AI finance.
Macho-Fantastico on
Whenever I read about investments made into dodgy businesses, SoftBank always comes up. It’s genuinely fascinating to see how many failed businesses SoftBank have thrown money at.
WeWork is one of the most famous, but there’s so many others. FTX, Zume and View to name just a few.
Dreaming_Blackbirds on
dude’s about to stumble from WeWork bubble to AI bubble
True_Sloth on
I thought they sold their openAI shares? They have to fund openAI because?
LordOfTheDips on
How about noooooo
cjwidd on
Reminds me of Bear Stearns calling up Jamie Dimon of JP Morgan Chase asking for $30 billion before Asia opens during the subprime mortgage crisis.
CheezTips on
>SoftBank, meanwhile, has liquidated its stake in Nvidia to fund the venture
Didn’t the US government buy a piece of NVIDIA a few months ago? Did we buy SoftBank’s stake to prop up OpenAI?
holy_battle_pope on
Pop the bubble
Nerdmigo on
spending the rest of your money on last one stupid thing. before the end of the year.. we have all been there i guess..
rip to the bank
69odysseus on
ChatGPT is so bad that you cannot upload more than a handful of screenshots and it runs out of memory. You cannot even upload in a new chat window. All the massive data centers opening across the globe is causing lot more trouble for the local communities and these idiots are pumping tons of money into them, without any ROI.
michaelbelgium on
Here’s an idea: stop funding them
Garin999 on
It’s just so relatable. Here I’m trying to come up with rent for the new year.
Bmaxtubby1 on
This really shows how aggressive the AI arms race has become. $22.5B on a deadline is wild, even for SoftBank. Stargate sounds visionary, but the scale, debt, and pressure raise real questions about sustainability versus hype in today’s AI investment boom.
25 Comments
Ask chatgpt how to increase cash flow.. are they stupid.
Sounds like he shouldn’t have flushed his cash down the drain with WeWork
softbank’s gotta be one of the greatest arguments against meritocracy ever produced
Time for a big beautiful bailout
Its a bubble
Why would anyone dump funds into ‘the most overhyped and under-performing ***poor quality low value product***’ ever created in human history defies belief.
These people *deserve to lose these funds* if they are buying into the BS that is AI after the clear evidence of the ***’significantly poor quality products’*** that the AI Slop Shops keep pumping out with very low to no value.
I don’t get it. Why invest in OpenAI when Google delivers the same or arguably a superior product (Gemini), with a healthier balance sheet. Sam Altman’s shit must be so legendary that these big shot investments CEOs don’t realize it stinks.
Have they tried using AI to solve the problem?
if liquidity is an issue, we might be near the end but at this point no matter happens its going to be painful
if the bubble pops, we repeat what happened to Japan in the 80s and those lenders become desperate to recoup their losses in heavy handed ways
if it doesnt, hardware becomes a service and the economy is strangled to death by declining computer literacy of workers who only owned a phone with no reason to pay 20 bucks an hour to use a computer and cloud fees that rise faster than the wages as skilled labor ages out of the population and the software companies that make computers useful go bankrupt too.
Im sure people will spend $20 an hour to use a computer with nothing to do on it and games stop being made because the Adobe software used to make those games disappear too. And im sure the open source software big tech needs will continue just fine when it costs the contributors money for every hour they contribute to the project in their spare time.
Its like these tech bros dont think ahead while giving long rants about the future
so on brand for softbank to be right at the centre of the dumpster fire that is AI finance.
Whenever I read about investments made into dodgy businesses, SoftBank always comes up. It’s genuinely fascinating to see how many failed businesses SoftBank have thrown money at.
WeWork is one of the most famous, but there’s so many others. FTX, Zume and View to name just a few.
dude’s about to stumble from WeWork bubble to AI bubble
I thought they sold their openAI shares? They have to fund openAI because?
How about noooooo
Reminds me of Bear Stearns calling up Jamie Dimon of JP Morgan Chase asking for $30 billion before Asia opens during the subprime mortgage crisis.
>SoftBank, meanwhile, has liquidated its stake in Nvidia to fund the venture
Didn’t the US government buy a piece of NVIDIA a few months ago? Did we buy SoftBank’s stake to prop up OpenAI?
Pop the bubble
spending the rest of your money on last one stupid thing. before the end of the year.. we have all been there i guess..
rip to the bank
ChatGPT is so bad that you cannot upload more than a handful of screenshots and it runs out of memory. You cannot even upload in a new chat window. All the massive data centers opening across the globe is causing lot more trouble for the local communities and these idiots are pumping tons of money into them, without any ROI.
Here’s an idea: stop funding them
It’s just so relatable. Here I’m trying to come up with rent for the new year.
This really shows how aggressive the AI arms race has become. $22.5B on a deadline is wild, even for SoftBank. Stargate sounds visionary, but the scale, debt, and pressure raise real questions about sustainability versus hype in today’s AI investment boom.
AI is the new gold rush, so people are making the same mistake, thinking money is in gold, it’s in supply mining équipement
put me in for $5. maybe i can find a bit more between the couch cushions.
How about they just don’t