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Marks ignores the obvious issue with what the AI ‘industrial bubble’ leaves behind depreciates rapidly. There’s little value in GPUs that are older than a couple of years. He also disregards the failing economics, nobody will pay enough for AI to make it profitable

"His company, the Marks Group PC, provides technology and financial management services to SMBs in the US and abroad" - Yeah completely unbiased. I'm watching the bubble grow from the inside.. It's inevitable and will make Enron look like losing your wallet

It's an important reminder the The Guardian has a for-profit agreement with OpenAI. Does this agreement lead to these easily disputed, pro-AI pieces? Who can say?

not sure what's funnier, the unevidenced assertion that it's "unlikely" that fraud is being perpetrated by tech companies, or the inference from the current 17.8% adoption rate that we're much nearer the start than the end which is an absolute non sequitur without an estimate of the final rate.

How incredibly naive.

The data centres are certainly ruining the environment.

What a dogshit news organization you are

damage control we need to doom these assholes

Here's the archive link so everyone has the receipt when the bubble bursts and The Guardian and Gene try to pretend they never fell for it. archive.md/KUHq8

I don't believe you

File this under it is different this time we will need a laugh when it falls apart

Maybe not Enron 2.0, maybe more a collateral debt story???

It's Enron 4.0, there have been a few ones in-between.

Maybe the billions Zuckerberg spent on the metaverse will help us. Having the health of the economy in the hands of such visionaries helps us all sleep at night.

Is someone Andrew Lefting again?

There was also WorldCom…

Of course not. It's much, much worse.

Looks like this is written by someone who has heavily invested in AI and is rather clumsily suggesting things are fine. Oh dear.

I usually don’t go ad hominem but in this case…. you foolish, foolish man.

More strawman BS from OpenAi's bitches at the once proud Guardian.

gonna save this one for extremely comedic reasons

Lol, shut up, nerd.

lol leaving behind "data centers" is only marginally better than leaving behind milk in the fridge idk who's going to need a massive shed in the middle of nowhere

Same author fwiw 👍🏻

the whole AI wow factor has fizzed out, the party trick isn't popular or exciting anymore, its public facing uses are generation of "eh, good enough" slop for mundane uses (without subscribing to any paid tiers), its business uses are mostly flawed and silently retired so yeah, keep up the faith!