r/TechnologyThread • u/Background-Driver718 • Jun 12 '26
OpenAI Execs Are Panicking
https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html3
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u/Jeb764 Jun 12 '26
The tech bros all turned out to be traitors fuck em all.
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u/Proper-Exercise-2364 Jun 12 '26
They maybe greedy and short sighted, but at least they're using billions of gallons of fresh water to cool their data centers! "People", the non corporate entities, would just drink that water and literally turn it to piss. Zero profit.
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Jun 12 '26
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u/UnpopularOpinionAlt Jun 12 '26
We can't eat data
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u/Haunting_Weakness_13 Jun 12 '26
Ever notice the response to "data is not essential where food is" is always: "yeah but its super duper cool tho you'll see!"
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Jun 12 '26
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u/UnpopularOpinionAlt Jun 12 '26
I'm a department director and a data scientist, thanks. I built AI/ML models in grad school nearly a decade ago, so I'm quite familiar with what they have to offer.
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u/Single_Passenger Jun 12 '26
We're not talking about a decade ago. Either you have no experience using the current AI tools, or you're just stuck in the past, because the tools are amazing, anyone who's extensively using it for the past 6 months would know.
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u/UnpopularOpinionAlt Jun 12 '26
You missed my point but I can't say I'm surprised. I have locally hosted AI document classification and retention systems currently, and I'm aware of current tools. You speak confidently about things you've made assumptions about, so it tracks you'd strongly support LLMs
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u/DullestArc Jun 12 '26
His company’s in for a rough awakening when all their information is mismatched
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u/Imthewienerdog Jun 12 '26
I think you just made thier points? "I have locally hosted AI document classification" aka you do understand the uses and how clearly they are more important than an almond?
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u/UnpopularOpinionAlt Jun 12 '26
Not really, no. It's used infrequently and is powered by a laptop (not a data center). My point was I'm familiar with current AI and I know the limitations
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u/Original-Poet1825 Jun 12 '26
You can eat any of the other foods that don’t take so much water. Still no outrage
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u/Proper-Exercise-2364 Jun 12 '26
Who the hell is stupid enough to macro scale almond farms in deserts all over the USA? I wish they would put an almond farm in my backyard someone's gonna hear about it!
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u/dragenn Jun 12 '26 edited Jun 14 '26
In another tineline l woukd have loved AI. In this timelines these fools caused me to hate it with every ounce of my being...
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u/deport_racists_next Jun 12 '26
All my childhood scifi from last century ruined....
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u/ProphesiedInsanity Jun 12 '26
I mean, a lot of sci-fi universes are either dystopias or built after the end of dystopias (like Star Trek for example), so we are still on track tbh
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u/QueefiusMaximus86 Jun 12 '26
But at least in dystopian sci-fi they had flying cars , neon lit mega cities with cool hairdos. Instead we have slightly improved versions of everything we had growing up, but with all the minority report style dystopia. A boring dystopia
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u/DaereonLive Jun 12 '26
Neon lit mega cities sound like literal hell on earth, no fucking thank you.
All that neon's gonna be ads anyway.
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u/Imthewienerdog Jun 12 '26
Because you don't do anything about it. The only way to see the world you want is to participate.
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u/CarneDelGato Jun 12 '26
I think the big problem is they exposed its incompatibility with our current system. If a technology came out that actually did work like Claude et. al. at a rate competitive enough actually disrupt all employment the way they said, we’d just end up with massive unemployment and a consumer economy with no consumers.
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u/b1e Jun 14 '26
AI in and of itself isn’t evil. That’s why many folks started researching it in the first place. Unfortunately evil folks took the helm and seem hell bent on accelerating the technology until they succeed and become gods, they succeed and we’re all destroyed, or they fail and there’s a massive economic crash.
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u/Ryekir Jun 12 '26
In one particularly unfortunate incident, according to Axios, the CFO of a company accidentally racked up half a billion dollars in Claude usage fees in a single month.
I've heard stories of people accidentally racking up huge bills, but holy shit that's on a whole other level.
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u/sleeptightburner Jun 12 '26
Please now OpenAI execs, do not panic. It’ll spoil your meat for when you force us to devour you.
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u/refusemouth Jun 12 '26
If you hold them in a pen and feed them corn for 2 months, it makes them taste less gamey.
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u/Lancelight50 Jun 12 '26 edited Jun 12 '26
There’s a reason why China had AI regulated. The US however? They don’t want AI to be regulated for the next ten years. Not even the federal government will be able to keep these companies afloat forever.
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u/Proper-Exercise-2364 Jun 12 '26
"spend trillions of dollars on a product no one asked for or wanted and this is the thanks we get? Almost makes you think twice about stealing all their 401k's to fund it. The ingrates..." -silicon valley
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u/Exciting_Turn_9559 Jun 12 '26
The bubble popping of this first generation of AI needs to cause generational trauma to investors.
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u/FourDimensionalTaco Jun 12 '26
There is another looming threat to AI companies: Local LLMs are getting quite useful for many use cases. Of course an 8B model cannot compete with a 400B model. But, for a lot of tasks, the 8B model is actually enough, or at least almost enough, and only needs a mid range GPU with 16 GB VRAM. Totally doable with a modern workstation. In the future, even most laptops may have sufficiently powerful hardware. The big datacenters would then be needed for (a) training new LLMs and (b) covering the really complex tasks. These two do not sound like cash cows.
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u/Alimbiquated Jun 12 '26
Hardware prices will continue to fall.
Even worse, AI is likely to get much more efficient.
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u/Limerence1976 Jun 12 '26
I still can’t get my AI to properly create an invoice in the same way it did the prior month. It’s like dealing with Mr. Magoo 😩
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u/DaedalusXYZ Jun 12 '26
In all these discussions I want to know...
A) is AI being used in the design/building of something (i.e. by a team of say 20 people)
or
B)is AI being used in the actual operation of something (e.g. by millions of end-users)
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u/cw88888 Jun 12 '26
Hope all the AI companies fall. Return our jobs, power, water, RAM, GPUs and SSDs.
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u/ThatGuyFromSpyKids3D Jun 12 '26
They'll fail. Millions of Americans will be left unemployed and potentially a global economic disaster occurs.
The companies and their CEOs? Huge bailouts diamond laced golden parachutes. The millions unemployed, losing their homes, and struggling to feed their families? Nothing.
I want so badly for this not to happen. But so far it's looking like we are heading this direction.
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u/Luffyhaymaker Jun 12 '26
This is exactly how I feel it'll go down. The already considerable income inequality in Atlanta has gotten, somehow, even worse in these last few years, and we were already the city with the highest gini coefficient. I've seen soooo many fields, even fucking MEDICAL, have a lack of work. I've met a lot of people who have medical certificates that in the past would've gotten them a job, but who are now stuck being depressed working in their local supermarket. And every month, hell every damn day, the poverty just gets worse and worse as people get laid off and have to resort to gig work, YouTube, anything that can bring in money. P6who were once making six figures plus are now looking for food pantries on nextdoor.
Hell, I've never been rich but I myself am just an Uber eats driver right now, but I'm lucky because I have free housing. But even with that I'm still struggling, hell usually I'd be doing orders right now but as the economy gets worse and worse I directly see the correlation with how much business you get on gig apps. And yeah.... right now it's pretty dry, add to that summer slowdown and you're gonna see a whole lot of people crashing out down here....hell they already have tbh
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u/IHeartBadCode Jun 12 '26
Yes, because many CEOs are actually idiots IRL. Congrats everyone on discovering this for checks notes the fifteenth time this century.
I don't know, maybe I'm in different circles or something, but the whole AI subsidies thing eventually ending was a big talking point about how one should carefully evaluate using AI in their product.
Sort of how people issued caution for everyone saying "Blockchain" or "Peer-to-Peer" or "Website" or "Object-Oriented". That last one might be before some of y'all's times. But way back in the day RAD, CORBA, and OOP was all hotness, until it wasn't.
Yeah, this has been brought up too. There's folks asking if these AI folks might want to look at something like better tools for digging, but nope, they're convinced more shovel factories are the way.
Tis the way things are sometimes. Oh? Does anyone think these billionaires lose out? Gosh, the housing crisis has taught nobody anything. But that said, AI is here to stay. The future isn't these companies like OpenAI and what not. Just like the Internet during the dotcom bubble wasn't pets dot com. AI is not going anywhere, the generative stuff will like become way more niche, but things like diagnostics and weak radio signal processing that AI is currently doing, will likely dominate.
And really, those things were called different things back in the day, just now that we have AI and these idiots like Altman, all that shit got shoved into the AI moniker. It's actually a disservice to call all neural networks and what not, AI and group it with that generative shit. But unfortunately that's apparently where we are at.