Why Are We Still Doing This?

8 hours ago

The author critiques the AI industry's reliance on future-tense promises without present evidence.
Anthropic and OpenAI's financial models are scrutinized, highlighting massive expenditures versus questionable revenues.
Subscription models for AI services are deemed unsustainable due to unpredictable compute costs.
The article questions the ROI of AI investments, pointing to lack of tangible economic benefits.
Data center deals and infrastructure investments are criticized as overhyped and potentially risky financial ventures.
The author warns of a potential financial crisis fueled by AI infrastructure debt and pension fund investments.
Concerns are raised about the quality and oversight of AI-generated code in software development.
The piece calls for more critical analysis and specificity in discussions about AI's capabilities and economics.

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