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When will the “When will the GenAI bubble burst? "bubble burst?

I've seen contrarian think pieces like this pop up on social media so much lately they pollute my feed just as much as the GenAI evangelist articles.


That's a signal that the tide IS turning. I follow some people who went all-in on AI (consultants mostly) and their tone has changed quite a bit in the last few months.

Cool new tech that was oversold in terms of what it can do for businesses. A correction is in order.


A correction is in order in the short term. We don't yet know what ChatGPT can do in the long term. In the short term, though, it can't do as much as it has been sold as being able to do.


Maybe it just indicates a general AI buzzwords fatigue, regardless of actual progress in the field.


> 50B in, $3B out. That’s obviously not sustainable.

Ouch. GenAI seems to promise no shortage of solutions but offers no reliable revenue stream.


Why would anyone want to buy from such a disgusting business? I thought there antics were well known enough by now that their brand was completely tarnished.

Does HP do anything that could be considered quality? I'd be ashamed to work for them.


> There is no reason a printer needs an app like that

Stealing your data and other nefarious business practices.


> the person in front watches open mouthed as their shopping gets scanned and piles up in the bagging area

I feel this. It makes my blood boil. I wish I could flutter through life with such child like absent mindedness.


I've been to quite a few supermarkets where they have like a plank that separates the new shopping from the previous shoppers. Maybe advanced plank technology will spread and deal with this issue.


Honestly I think we’ve all been there at some point - just switching off for a few seconds when we’re stressed or distracted by other things in life. If not at the checkout then somewhere else.

But yeah when you’re the other person in this scenario it’s irritating as hell :-D


Yes, but I think there's something even worse: things that haven't happened.

Anxiety is kicked in to overdrive when you can vividly imagine adverse outcomes to such a degree that they are indistinguishable from things that have happened.


What's the user culture like? I haven't had time to check it out myself.


It depends a lot which server you join, https://beehaw.org it's very welcoming, https://lemmygrad.ml is full of tankies that hate the West (supposedly it's about communism, because original creator is a communist, but it's more pro Russia pro China, anti US and in support anything the West doesn't support and vice versa). If you go to https://lemmy.world (the biggest server) you'll see mostly memes.

Though you can subscribe to different communities and customize your experience, often what you can experience from specific community depends on which server it is located.

https://programming.dev/ and https://lemmy.dbzer0.com/ might be good for technology related communities.


Thanks this is very informative.


Ughh. This triggered the anxiety I feel when stuck in traffic on a tall bridge, like the Verrazzano bridge in NYC.


From the techcrunch article:

> Apple also said iOS app developers have earned more than $320 billion on the App Store from 2008 to 2022, a jump from the $260 billion reported in 2021.

> Apple says its App Store ecosystem generated $1.1 trillion in developer billings and sales in 2022

I'm having a hard time reconciling these two statements. It's been a long day, but what am I missing to make sense of this?


Apple is including money developers make that they don't get a cut of.

For example, Spotify makes money from people streaming music to iOS devices, but they do not allow you to upgrade from a free account to a Premium account through their iOS app.

Since Spotify handles subscription purchases outside of their iOS app and their app is free, they pay nothing to Apple under the current system.


Isn't Spotify one of the "special" companies that Apple bent to and gave an exception just for them?

Afaik, pointing users to subscriptions and payments outside of the app is explicitly not allowed. Telling the user it's cheaper to buy outside the app is not allowed, etc. Such blatantly predatory rules, I'm surprised it's taken this long for a wider discussion to start about it.

I guess it's because whenever you ask people that buy Apple gear they're all "That's fine! Don't you shit talk Apple, they can do what they want! They do what's best for us!" Stockholm syndrome lmao.


> Isn't Spotify one of the "special" companies that Apple bent to and gave an exception just for them?

Nope. Under the old rules any company with a free app used to access subscription content didn't have to pay anything unless they took payments through their app.

Netflix would be another example.

> pointing users to subscriptions and payments outside of the app is explicitly not allowed

It's definitely allowed now, since that's the only point on which Epic won their case vs. Apple.


"Ecosystem" is the weasel word that gives Apple a ton of wiggle room in that statement. I don't think they are just counting direct payments to Apple.


Apple is being disingenuous. The App Store didn't "generate" those "billings and sales". That number includes physical goods and subscriptions that didn't go through Apple.

They used to report this number as sales they "facilitated". A far more accurate descriptor. But now that they are engaged in a PR battle with various governments they have taken to embellishment.

https://www.apple.com/newsroom/2020/06/apples-app-store-ecos...


Uber, etc adds to the $1.1 trillion number, but not the $320 billion number.


The number of 1’s and 0’s is lower than the US national debt, which is kind of bonkers.


The US debt is currently around 271 terabits [0].

[0] https://en.m.wikipedia.org/wiki/Bit_(money)


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