Microsoft has gone all-in on AI to the detriment of basically every other aspect of their business. They are in deep deep shit when the bubble finally pops.
And I am so ready for the bubble to burst.
15% of the total United States GDP is a single company. I struggle to comprehend the scale of that, but one thing is for certain; it’s going to bite us in the ass eventually.
15% of the total United States GDP is a single company
no, it is not. you struggle to comprehend it because it is not true.
it is comparing different things. one is a valuation, the other is the value of goods and services over a year. the comparision would be with yearly revenue of a company
The stat that’s going around at the moment is that 30% if the GDP is transactions between the “Magnificent 7”. That one is fair because it’s economic activity.
The underlying economy is in recession with the AI frosting on top pushing it to break even levels.
Thanks for the clarification.
Stock valuation of a company is not calculated int the GDP. Only domestic revenue is. There is no company that makes trillions in revenue.
True, but Nvidia’s market cap is still equal to 15 percent of 30.486 trillion. What’s worse is that it’s ALL built on speculation.
This house of cards WILL fall.
Nvidia is less speculation that the other companies mixed up in this. They at least sell physical goods which they’ve been shipping.
Microsoft, Google, X, Meta - Oh boy!
They haven’t. Part of the reason the bubble is so bad is that NVIDIA has been giving credit incentives to openai and other llm companies. Essentially giving them money so they use it to buy NVIDIA chips, so they can claim higher sales numbers. But there’s no revenue. The AI bubble is 4 or 5 companies shuffling money to each other to inflate numbers so investors inject more money.
The only ones making bank are CEOs when they take their bonuses and cash outs. The companies themselves are bleeding. OpenAI needs something like $700 billion dollars more to survive until 2030. LLMs simply don’t make any money. Any savings from ai use has been from layoffs. It will all eventually crash out when it is obvious that AI use ultimately hurts revenue, no matter how much it saves in production.
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Absurd, isn’t it?
It’s not one company, but the top 5 companies make up 40% of South Korea’s economy, with the top 30 76.9% of their GDP. It’s scary to imagine the power they wield over the peoples lives.
Azure might keep them afloat but everything else will likely crumble and they’ll have to downsize to mostly just being a cloud provider.
Sorta like AWS and Amazon (but that Microsoft may crumble?)
Fingers crossed 🤞
Microsoft’s business model has always been getting businesses who are even stupider than them to give them tons of money. Nothing is ever going to change that calculus.
GitHub, more like QuitHub, amirite?
More like, GetOuttaThereHub, huh? huH?
More like: GitouttaHere
Relevant XKCD: https://xkcd.com/286/
Damn, “.swf”
For great justice
What you say!
Take off every Zig!
All your codebase belong to us!
I can hear the song so clearly by just watching this picture.
If you’re into emulation, it’s a legitimately good sidescrolling shmup, and if I remember right, the music was great as well.
It’s just that absymal translation that launched it into meme status.
Codeberg doesn’t need billions of users… Just the right ones.
I don’t think github has billions of users.
I wish Microsoft keeps up with its AI obsession and push as much as possible. At some point they’ll realize the reputation damage, but the longer it will take the better. Just stop the negative publicity
The publicity will have little impact; only the AI bubble popping will make them change course. But the damage is already done - they’ve pivoted their company to AI, forced it into all there products and force their employees to use it. Once the bubble pops that’s going to take time to undo and fix.
AI of course will still be a thing, but at the moment they’re wasting billions on it as everyone wants to be to AI as Google is to search.
Alright fine, I can tolerate the little ✨AI ✨ sparkles in my M365 webpages a while longer if it means more kaboom at the end.
Yeah but what does the corporate world do when Microsoft implodes and releases “Windows 12 agentic AI” the operating system, co developed between AI and athletic employees?
I wouldn’t be so sure they will double down on it forever. I remember too many stupid MS actions like early 2010’s convergence and metro UI because touchscreens and shit, where is it now?
Move ZIG for great justice!
Greetings, fellow internet pioneer! Don’t forget to take us up the bomb!
Make your time
…take off every zig
Somebody set us up the bomb!
Make your time.
We know what you doing
For Great Justice!
…The same Zig that ditched LLVM, to make their own compiler from scratch?
This is good. But also, this is sort of in character for Zig.
IIRC, the difference here is that Zig’s plan had always been to make their own compiler, but had to use LLVM to get started and, more cynically, to try and get some LLVM contributors interested in the project so they could essentially poach them.
I am pretty sure I have seen a video interview of Andrew Kelley transparently saying that ages ago but I’ll try and find it to link it here.
I’ve never even heard of Zig before today and it’s right out of the gate with drama, cat fights, and public spats. Got to love the programming world.
Tbh zig is as chill as an iceberg compared to rust! I really appreciate the mindset of “c with rough edges removed” that zig promotes. Already using it in our companies stm32 projects
Oh I did not mean to appear combative or being a contrarian. I don’t even care about Zig or LLVM to be honest. I just thought that that clarification was sort of necessary seeing as the GitHub thing is a reaction to MS bullshit, whereas the LLVM thing at least seemed to me like it wasn’t (initially) from some drama or a secret or anything.
Still, this is assuming I’m not just hallucinating what I am claiming.
The Zig core team is pretty chill and pretty united around strong engineering ethos. And tbf their own compiler is pretty performant and produces similar level quality code. The argument that compiler dev is hard falls fairly flat when they are succeeding in developing their own compiler.
I think that comes from Andrew Kelley having strong opinions, sometimes with harsh language added. It’s like the internet is over-correcting for the much stronger and harsher early internet days, so he’s admonished for being “unprofessional”. I don’t care for this sanded-down squeaky-clean vision of the internet that is being pushed for, particularly by the corporate crowd.
That’s interesting.
I dunno if that’s any better. Compiler development is hard, and expensive.
I dunno what issue they have with LLVM, but it would have to be massive to justify building around it and then switching away to re-invent it.
LLVM is
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Keep joining Codeberg!
Yeah, I think it’s time I migrate over there too. Seems like the water is fine over there.
I’ve been enjoying zig.
It feels like when I go to write C, but without a bunch of code churn/copy paste on getting just the right memory management interface.
It’s not perfect, and the API churn makes it really annoying to find decent documentation. But it’s fun.
The build system was basically a black box until 0.14.
Love Codeberg. Just wish there would also be HackerHill, BytePeak and SoftwareSummit with federation!
Xbox. Lol. Microsoft has the Mierda touch.
I think of it as the Shidas Touch
Shitass touch
Let me guess… Thanks to this “bug” Microsoft / GitHub are charging their paying costumers for something that otherwise would be just idle time. 🤔
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Nope nope nope nope nope. Why would I trust a browser written by criminals for criminals or by the FBI/CIA for criminals with my browsing? Nope nope nope.
if he’s actually autistic, he’s fucked up really. hard. anyway jus wanted to note that he’s certainly no good coder.
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It’s ruining every product and service actually!
Go go gadget-o Codeberg !
