As of Q2 2024 almost half of all US VC investment is going into #AI hypehttps://sherwood.news/business/venture-capital-funding-ai-companies-investments/
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As of Q2 2024 almost half of all US VC investment is going into #AI hype
https://sherwood.news/business/venture-capital-funding-ai-companies-investments/That's $27.1B. Twenty-seven point one billion dollars.
[dr Evil's pinky-to-corner-of-mouth intensifies]
What I'm saying is: they are running out of marks to scam out of investment money, folks.
And as much as there is talk about OpenAI's revenue, I have seen nothing about OpenAI or anyone in this space actually making a *profit*.
Apart from shovel-and-pickaxe vendors like #Nvidia, of course.
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SpaceLifeFormreplied to Michał "rysiek" Woźniak · 🇺🇦 last edited by
See my top pinned post. Note the date.
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Michał "rysiek" Woźniak · 🇺🇦replied to SpaceLifeForm last edited by
@SpaceLifeForm you're not the only person who's been saying this for years
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Mike Macgirvin 🖥️replied to Michał "rysiek" Woźniak · 🇺🇦 last edited byThe marketplace is demanding BaaS: Bullshit as a Service.
I would've made a lot of different life choices if I foresaw this 50 years ago.
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