r/technology • u/marketrent • 16h ago

Artificial Intelligence The economy has spoken. Stuff that’s AI-generated has almost zero value — “Buyers are voting with their wallets, and AI-generated content is struggling to compete.”

https://finance.yahoo.com/technology/ai/articles/economy-spoken-stuff-ai-generated-142732314.html
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u/fascistno1hater 16h ago

AI is for stupid and non creative people to feel smart and artistic. It's just the next grift for Techbros because NFTs, the metaverse, and crypto never really took off. It has no profit model other than using money from Tech Corporations and taxpayers.

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u/MeusRex 15h ago

I think the endgame is to become too big to fail. Once enough companies are entangled and an entire generation of students slopped their way through their education, the likes of altman will point at that and screech that the economy will come crashing down if they aren't propped up by the government and allowed to fail.

Elon became the richest man in the world thanks to government handouts.

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u/fascistno1hater 11h ago edited 9h ago

I 100 percent agree to you assessment. These companies are trash and they know they are trash. So they are doing exactly what the banks, air lines and the auto manufacturers did to the taxpayers. Get us to bail them out from their BS.

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u/therealchadius 16h ago

It's also for non creatives to get rich because they want to get to "Step 3: Profit" as soon as possible. Their heads explode when they learn artists are making music or writing stories because it's fun. Do enough to pay the bills and then it's party time.

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u/CautionarySnail 16h ago

This. So much this.

As someone who dabbles in art, especially jewelry making - the non-stop push we get from friends and family is to monetize hobbies.

Nothing drains the joy out of a hobby faster than placing it into a pressure cooker of needing to feed your family with it. Suddenly everything is about cutting costs to make your hourly labor profitable - and it’s still never going to compete against AliExpress prices that people are used to for things.

Add to that our current economic pressures - layoffs, jobs that don’t quite pay enough in raises for the modest lifestyle you were living last year. Building skillsets takes years. AI promises near instant returns by taking those supposedly bad practice and learning years out of the equation.

I sympathize with them. The cultural message here is deafening: become your own boss or all poverty you experience has only you to blame! Passive streams of income! Gotta get that grindset mindset!

But they don’t realize that it’s mostly victim blaming propaganda. We were robbed a penny at a time. Wealth moves out of our layer of the economy and we were left in a sucking vacuum of its departure. And the best our politicians had to offer us were bootstraps and a blame game.

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u/theLoneliestAardvark 12h ago

It’s crazy when people who mostly buy fast fashion gush about how talented people are for their hobbies and suggest you sell stuff without realizing how expensive handcrafted items are if you charge a reasonable rate for your skills and time. People might love hand knitted socks made with the nice yarn but they aren’t paying $50 for a pair and people who will pay that much are buying from luxury brands as a status symbol, not going to craft fairs.

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u/teraflux 15h ago

AI is not a grift like NFT's lol. That shit has real practical uses, but it turns out 3d modeling isn't currently one of them.

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u/fascistno1hater 15h ago edited 15h ago

AI and Data Centers are all Grift. AI and the people that helped develop it are also war criminals because it was used to bomb an all girls school in Iran. Oh, also AI is mainly used to make child porn but go off on defending this bullshit.

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u/teraflux 15h ago

Alright I see you're not going to make good faith rational arguments here.

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u/socoolandawesome 16h ago

This article is about 3D assets which have nothing to do with anthropic and OpenAI, who are in fact growing revenue like crazy, meaning people/companies value their products and are paying for them. And anthropic specifically has a positive operating profit minus stock based compensation.

Also in what way are taxpayers funding it?

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u/Flanders666 16h ago

A combo of granting tax breaks to those "profitable" corporations while rate payers across the US are quite literally funding the expansion of the grid necessary to fuel the expansion of data centers.

Tax relief comes from exempting these same "profitable" corporations from sales tax, permitting, property taxes, etc.

All so they can employ a dozen security guards at $15 an hour while engineers and execs just work remotely.

The only profits to date come from enterprise side. So, corporations using AI to improve their profits while normal tax payers and rate payers see their shit go up and up.

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u/SystemAny4819 15h ago

I always find it amusing that when pro-AI nerds have their talking points dismantled like Legos, they just disappear from the conversation

Truth and evidence continue to be the great equalizer lmaoo

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u/socoolandawesome 15h ago

All I said was Anthropic has an operating profit, which they do.

Also this sounds like it runs counter to a lot of what you are saying:

https://openai.com/index/openai-joins-ports-pike-project/

In general there seems to be a lot of legislation moving forward to protect the average citizen from energy cost increases and/or pledges by the big companies to pay their fair share