"Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work" www.404media.co/character-ai...
This is why some in the AI industry are gunning for #monopoly or #oligopoly status using the power of the US government.

"Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work" www.404media.co/character-ai...
This is why some in the AI industry are gunning for #monopoly or #oligopoly status using the power of the US government.
The current stance of parts of the AI industry resembles that of powerful US electric utilities that have opposed rooftop solar and net-metering policies. Some utilities have lobbied against these programs while favouring large, centralized solar projects. #monoply #oligopoly
AI hypergrowth has played out - they can only roll out predatory AI pricing now.
stocktwits.com/news-article...
#ai #llm #thisisthewaybullends #hyperscale #overcapacity #predatory #consumer #price #gouging #coming #infosec #hacker #hacked #mismanagment #noguardrails #Oligopoly
Τι κάνει τσίου τσίου στα κεραμίδια; #oligopoly
#PurgePalantir 👁️ @purgepalantir.bsky.social
AUG 10
Patrick Lovell The Producer
@patricklovellpresentsthecleannewdeal.com
Peter #Thiel #Palantir Is Watching You
How to Fight Back
diabolical deception of Tech #oligopoly
#NoTechForICE 👁️ #Surveillance #DeFlock #NoALPR
5
youtu.be/wN7gGyciX1c?...
He is prescribing the right remedy but for the wrong reason ... "Bill Gates says AI companies self-regulating isn’t enough, and governments should be involved in monitoring." share.google/YPi15JnzPFL9... #oligopoly
But sadly, many Americans have been swayed by fearmongering & are now enthusiastically being led by the nose toward supporting Big AI’s efforts to consolidate and monopolize the market with the U.S. government playing an increasingly important role in enabling that concentration of power. #oligopoly
In the US we still have a lot of banks compared to Canada, but every year the numbers decrease due to consolidation.
#Canada's banking system is an #oligopoly dominated by the Big Six banks, which control over 90% of the country's banking assets.
OpenAI, Anthropic & DeepMind are writing the AI rulebook themselves. Brilliant. I also let my kitchen raccoon inspect food safety. Can't wait until compliance requires a $40M filing fee I don't have. #AISafety #Oligopoly
Take #politics: I don't #care who's #president & #avoid #partisan affairs typically representing #oligopoly #leadership.
W/in a #population of #party #voters #voting in a #primary, #live #partisans & #nonpartisans: #eclecticism requires #diversity & #nonpartisan #solutions #enhance broader #spectra.
#PurgePalantir 👁️ @purgepalantir.bsky.social
AUG 10
Patrick Lovell The Producer
@patricklovellpresentsthecleannewdeal.com
Peter #Thiel #Palantir Is Watching You
Here's How to Fight Back
masterclass in diabolical deception of Tech #oligopoly