The funny thing is that even with this massive overspending, AI companies aren't profitable. They need these companies to spend 10x the amount per token, and 10x the number of tokens. Probably 10x the number of customers too.
Burning energy, draining water, spending massive cash so they can lose money on a product that doesn't even do its job. How the hell has the bubble not popped yet...
The problem seems to be that it takes competent employees to get anything useful out of an LLM in the first place. However, it is these very employees whom the greedy CEOs want to replace. So the result is that an incredible amount of money is being spent on absolutely nothing.
The logical conclusion, then, should be that it would make more sense to replace these useless CEOs with AI. Since they’re just making idiotic decisions for a lot of money anyway, there could be lots of savings.
Unfortunately, however, that will never happen, because contrary to all that talk of KPIs and such, what really matters in the upper echelons of management is never efficiency, but rather ruthlessness and brown-nosing.
a big source of AI token ‘chewing’ is people just converting PDFs to presentations
I haven't been this happy in over a year.
Reminds me of companies getting their cloud computing bills.
If my boss would mandate the use of LLMs I would definitely abuse it to rack up the bill.
Leadership are mostly idiots. They don't know how work gets done. They think like "wow it produced so many lines of code!" and don't know that's not a useful metric.
My job had Microsoft do a four hour copilot demo for the entire team last week. (Surely an immense expense. They won't pay for most people to be full time with benefits). The guy used copilot to make a regex to parse html. A little surprised zalgo didn't show up.
Eat shit you greedy corporate assholes, i hope all of your companies are damaged beyond recovery, you useless fucking tools.
These stupid companies are getting everything they deserve and I'm loving it.
And Accenture itself reportedly started requiring senior staff to start using AI or risk losing out on promotions.
Every time companies urge employees to use AI and then regret the cost. The fuck is wrong with people? Why are they pushing it so hard? Does Sam give them hand jobs if they use the most?
I don't understand this need to pressure staff into using something and threatening punishment if not. Are they worried that their employees are not efficient enough? Pay them the token prices on top of their salary and see how stuff changes.
When you tell the people to mash the easy button and then they do exactly what you wanted. They created the monster.
This is the most profitable consultant in the world, can't they just afford to run a local llm?
Did they think everyone was gonna be creating return value based products for the company to make a fortune on?
Instead they making posters and having crazy convos.
It’s like someone has just discovered salt and every restaurant has it. Each thinks they are unique and gonna be the GOAT.
Waiting for hackers to break into companies and not do a ransomware attack. Just run some scripts which innocently do shit like turn PDFs into PowerPoints and chew through those tokens.
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