• eicker@lemmy.worldOP
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    9 days ago

    Google spent decades telling publishers to create quality content, then built a machine to read it aloud without sending anyone to the source. Now it’s shocked that the machine makes less money. Congratulations: they’ve invented a search engine that eats both its suppliers and its own business model.

  • AdolfSchmitler@lemmy.world
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    9 days ago

    You know, for a moment I thought i was going to get sick of all the “AI blew up in this company’s face” headlines, but I dont think i will.

      • Trigger2_2000@sh.itjust.works
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        9 days ago

        There are two wolfs inside of me:

        I want to use Google’s AI as much as absolutely possible - in order to cost them as much as possible.

        I want to protect the enviroment as much as possible - and using AI (especially when you don’t want to) still costs the enviroment.

        So . . . I’ll give into . . . Wile E. Coyote and just do something stupid.

        • Seralth@piefed.seralth.com
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          8 days ago

          The environment is fucked either way. Might as well spend the idiots money doing it regardless in a futile effort to make them waste enough money to be unable to fuck the environment?

  • LewdLemon@sh.itjust.works
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    9 days ago

    Here’s the updated scoreboard of AI-pilled promises - and what became of them:

    1. AI is going to make cost big money for AI-first companies.
    2. AI is going to make employees more productive wade through tons of generated slop instead of doing actual work.
    3. AI is going to solve all of humanity’s problems - cancer, global warming, all that jazz! exacerbate humanity’s problems by gobbling up resources on an unprecedented scale.
  • anonymouspl@piefed.world
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    9 days ago

    They got what they deserved. Taking into consideration that Chinese AI companies are loosing heavily in the stock market - I am certain that it is time for the US as well. I bet that within two weeks from US elections AI companies will be at least 20-30% lower than today.

  • canttakeitwithyou@lemmy.zip
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    8 days ago

    This is almost correct. In reality, rich people inside Google got richer. That was their sole goal. That is all they wanted.

    Because look, we all told everyone that the AI bubble was in fact a bubble, and that Google was destroying its own search engine, which of course would hurt them later. On the one hand, you could argue they didn’t believe us. But I think they didn’t hedge their bets because they didn’t care either way.

    Fuck the company’s future if you can get rich now, am I right? Never underestimate human greed.

  • NovaVeles@lemmy.world
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    9 days ago

    Turns out reducing peoples expose to their core advertisement business while burning millions of tokens to produce a summary, not the best business decision they have ever made. But what do you expect of MBA’s that praise Jack Welch like a God.

  • richmondez@lemdro.id
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    9 days ago

    Isn’t this exactly the same pattern seen with voice assistants like echo? Cost loads to develop, people generally like using them but arent willing to pay for them or tolerate blatant advertising by them.

    • Glowstick@lemmy.world
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      9 days ago

      Worried that it’s about to start? If it’s gonna pop at some point then the sooner the better.

    • NekoKoneko@lemmy.world
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      9 days ago

      It can’t come soon enough. See this Reuters story about China’s bubble popping:

      https://www.reuters.com/world/china/china-ai-bubble-has-already-burst-2026-10-26/

      The longer we wait, the more catastrophic and destabilizing the pop will be.

      That said, despite Google’s massive stock drop, I don’t think we’re there yet in the US. Google never expected the AI Overview to be a money maker. They just needed it to answer users’ questions more readily than a trip to ChatGPT or Claude. And they probably count that as a success. To Google, they are more than willing to cannibalize their own ad revenue if it means having the largest seat at the trough for AI later, because they think it will be a single funnel to capture all revenue for practically every industry.

      So AI has become an almost mythical final form of capitalistic value capture. It’s like a poker game and every tech giant just continues to raise the bet because even if they’re bluffing, they think whoever holds out longest wins all the money. They’re still in that mindset. But in fact, AI is more like a poker game where to play, you incinerate your bet in a burning dumpster in the middle. That’s the thing that, once they realize it, will cause the bubble to pop.

      Not there yet, unfortunately.

    • nullspace@lemmy.world
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      9 days ago

      Heh, that’s wild. You know what else is wild? Willy’s Wild Wing Sauce! Like this comment for a 20% off coupon code!