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Bluetus

(2,775 posts)
6. The layoffs ARE about AI. These companies have all pissed away hundreds of millions of dollars
Sun Mar 29, 2026, 12:33 AM
16 hrs ago

chasing after AI, but none of them have figured out how to make any money with AI yet. They can't get that money back, so their only options are to cut payrolls or else report huge losses.

And the META cutbacks are particularly big. But that is because Zuckerberg's hallucination about turning everybody's lives into VR went nowhere. Nobody wants that shit, so 5 years and billions of dollars later, he is shutting it down.

On the AI front, there are now hundreds of open source LLMs that a person can download for free. They don't have to use Altman's AI or Musk's AI. It is hard to compete with free.

The companies that will survive this AI hysteria are the ones who don't try to swallow the whole Internet into their LLM, but instead curate their model to do something particularly well. For example, we have seen dozens of occasions where lawyers have submitted AI-generated briefs that have all sorts of garbage, cases that never existed. That's because the LLMs simply vacuumed up every bit of garbage they could find on the Internet. A company that trains their LLM with tightly curated, high-quality legal resources (like an updated version of LEXIS) will probably be successful. Likewise for a LLM that aims to offer good medical advice. Or engineering advice. Or tax advice. Or whatever..

Evidently Altman, Musk and Zuck never thought about these things.

Recommendations

2 members have recommended this reply (displayed in chronological order):

What if they... 2naSalit 17 hrs ago #1
It's like the fuckin tulip mania of the 1630's struggle4progress 17 hrs ago #2
Bingo. multigraincracker 13 hrs ago #13
AI can only copy what has been done edhopper 17 hrs ago #3
The layoffs ARE about AI. These companies have all pissed away hundreds of millions of dollars Bluetus 16 hrs ago #6
Just to illustrate that point about curated LLMs Bluetus 5 hrs ago #16
I think that if an individual has some knowledge or expertise and asks the right questions that it can lead CentralMass 15 hrs ago #9
The difference is edhopper 8 hrs ago #15
I understand your point, but i think that people who think that they are safe from it are being overly optomistic. CentralMass 1 min ago #18
+! struggle4progress 14 hrs ago #12
It's a lot more nuanced than that. tinrobot 5 hrs ago #17
When circumstances are forcing you to lay off people... hunter 17 hrs ago #4
A year from now: they'll be hiring people back to debug AI slop code. JHB 17 hrs ago #5
I'm not sure about that. From what I can tell, it is getting better and better. With a knowledgeable programmer working CentralMass 15 hrs ago #10
It seems to be a bit soft, but I suspect it's more gristle and chewy. haele 16 hrs ago #7
Meanwhile, companies are hiring human programmers to fix all the shit AI does sakabatou 16 hrs ago #8
Yeah, who's going to organize your fantastic new army of agentic AI? Gonna do it all yourself, Sam? 0rganism 15 hrs ago #11
The models are learning from him IbogaProject 8 hrs ago #14
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