It's how every tech company that "disrupts" a market or indistry works. Uber started of burning shit tons of cash operating at a loss till it replaced enough Taxi services then jacked up the prices.

The problem with AI is that they cannot increase the prices enough to be profitable. The AI companies are waiting for future hardware tech that will be energy efficient enough to make AI profitable before they run out of capital to burn.

I was thinking about that, but it did make governments move to digital programming (eg BBC, NPO), which they likely wouldn't have done if it wasn't for Netflix. I think it also improved the internet speeds here in NL significantly.

The good thing is that a deepseek can be run locally relatively well with consumer hardware. I trust chinese companies as much as i trust american companies with my data and my prompts.

Theres a lot of good models free online that are open source/Chinese and the only cost is a bit of slowness on my rig. No token limit or whatever. Totally agree.

Its about as good as commercial products now...

I’ve been loving minimax-m3 since its release

Yeah the open weight models are getting good enough that a lot of people can just host their own for most tasks.

Hehe my experience was distopian alright, the page won't load

And if it doesn't pop, it has made ordinary people into millionaires. I was having a look at Swedish Avanza site where they launched a new feature where people can share their portfolios (what stocks they are invested in, and their account growth). The best investors got in early on all this stuff. Nvidia and now memory and disk stocks, so they consistently made tons and tons of money.

All while people has been waiting for the bubble to pop since... 2021? Maybe earlier.

We absolutely don't know if it will pop, and even if it does, there was a huge opportunity to make money from it over years and years.

Thats what investment bankers did, and that's what ordinary people did. Some got very rich on this.

Im just saying that because it's important to realize that the way we think may not be optimal for our lives sometimes. I understand fear. But I also understand that some risks are necessary to gain something valuable.

If they do it’s probably going to be Musk that buys the corpse.

Now if the market was reasonable...

lol. I am the market, and I am reasonable.

I've got actual use cases for AI, and I've got a local model running on my own hardware.

In short - I'm the long term buyer after the hype wave ends, and I ain't buying shit from these assholes.

That said, if a nice fully open source home appliance gets announced, by a company that hasn't burned all available goodwill and trust with random acts of assholery, I'll probably join a wait list for it.

In other words, I'm saying there's a chance.

The market shouldn't even exist.

Imagine if I offered a service to connect people with local serial killers. Then after some time more people started offering that service.

Would you say "Well hopefully competition will drive down prices at least"?