this post was submitted on 25 May 2025
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Selfhosted

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[–] qaz@lemmy.world 73 points 2 months ago (4 children)

The AI advertising is just a symptom of the underlying issue; VC funding.

[–] Semi_Hemi_Demigod@lemmy.world 36 points 2 months ago (2 children)

The more I learn about AI the more I feel like it’s another dot-com bubble.

LLMs and generative AI are such multifaceted systems that saying “this is for AI” is like saying “this is for the WWW”

Databases, interfaces, storage, networking. All are used in AI but if you just say you make a database and not and “AI database” you’ll lose out on investors.

It’s a bit like the gold rush in that everyone is so fixated on the gold that they don’t see the real economic boom is selling the shovels and building the trains.

[–] ozoned@piefed.social 18 points 2 months ago (1 children)

That's because it is another bubble. They're all bubbles IMO. Since the boom of the internet they've all been scrambling from one fools gold rush to the next. Crypto, nft, metaverse, AI. Heel even social media that was given freely isn't returning the expected investments and that's why they're all enshitiffying.

[–] Aux@feddit.uk -4 points 2 months ago

People have been using AI tech for decades. It's just marketing terms come and go.

[–] underline960@sh.itjust.works 17 points 2 months ago* (last edited 2 months ago) (1 children)

Well there's your other problem.

...

...

Next, you're going tell me a billionaire's involved somehow!

[–] catloaf@lemm.ee 5 points 2 months ago* (last edited 2 months ago)

Looks like it's Michael Dell and Masayoshi Son.

Investors include Intel (Pat Gelsinger, net worth ~82m), Dell (Michael Dell, ~112b), and SoftBank (Masayoshi Son, ~29b). Probably others, but I'm on my phone so getting this info is awkward.

[–] tuckerm@feddit.online 9 points 2 months ago

Yeah, a few years ago they advertised themselves as the perfect storage solution for blockchain projects.

[–] phoenixz@lemmy.ca 2 points 1 month ago (1 children)
[–] AbidanYre@lemmy.world 4 points 1 month ago

Venture capital