I never argued that I was in IT/Tech; I deal with investments and PE. I have nothing to do with IT or tech. My point is we, in the PE/FO sector, are going to invest in AI businesses in 24/25, not only in the “B2C market” but mainly in the B2B market and for internal applications. Whether you believe it or not, it’s gonna happen anyway.

They have, but they are not in charge. Apple’s goal is to make money; everything else comes as an afterthought.

Well, it’s a bit surprising that Tesla is the worst-performing stock so far. I mean, the Boeing scandal was a disaster image-wise, and others are struggling real hard. But even with all that, Tesla is performing worse than the airplane manufacturer, who can’t build secure and quality-controlled aircraft. The tide is turning for Tesla. Competition is getting stronger and starting to roll out strategies like the BMW 50% 2025 Plan, which means Tesla as an electric automobile manufacturer has dire times ahead if they don’t start fixing things.

Tesla long stopped delivering on promises they, or rather Musk, made. They need something other than words and visions to sell, and fast, otherwise, the stock is going to normalize more and more, to a degree a mid-sized automobile manufacturer would be, as the shareholders slowly start losing faith and jumping ship, as long as the stock is overvalued and there are buyers.

It is a lot more complicated than that - since G/O media was bought out in 2019, it goes downhill. The new owner pretty much goes with the strategy of prioritizing advertisers and shareholders over workers.

So, they maximize revenue streams upwards to GHP, which is hard, but an easy way to do it is to minimize fixed costs like salaried workers and their benefits. If the revenue goes up or is stable but workers get laid off and salaries get squashed, and part-time or contract workers get hired to do the same job for even less, workers are not going to like this, especially workers who are organized in a union.

Looking at one revenue number as the sole indicator of “healthiness” is exactly the mistake that ends up with worker protests and dwindling quality.

In other words, the money for fair pay for all would be around, but the owners would rather have an even bigger piece of the pie.

History and context behind the situation:

G/O Media’s leadership, introduced after the purchase from Univision, has been subject to frequent criticism by employees.[9] Complaints include closer advertiser relationships, a lack of diversity, and suppression of reporting about the company itself.[9] In October 2019 Deadspin’s editor-in-chief, Barry Petchesky, was fired for refusing to adhere to a directive that the site “stick to sports.”[15] Soon after, the entirety of Deadspin’s staff resigned in protest, leaving the site inactive.[16] In January 2020 the GMG Union, which represents the staff of six G/O Media sites, announced a vote of no confidence in CEO Jim Spanfeller, citing, among other issues, a lack of willingness to negotiate for “functional editorial independence protections.”[17]

On February 4, 2021, the Writers Guild of America East filed a complaint with the National Labor Relations Board alleging that G/O Media told employees it had fired Alex Cranz for labor activism.[18]

In mid-October 2021, G/O Media removed all images from stories published before 2019 from the 11 websites it owns, including Gizmodo, Jalopnik, Deadspin, The A.V. Club, The Onion, and Jezebel.[19]

In November 2021, Gawker reported on substantial staff resignations at Jezebel over the course of 2021, comprising around 75% of staff. The resignations were reportedly related to a “hostile work environment” created by G/O’s management and the new deputy editorial director Lea Goldman.[20] In January 2022, another article detailed similar staff decline at The Root, with 15 out of 16 full-time staff having left throughout 2021 since Vanessa De Luca started as editor-in-chief.[21]

In January 2022, seven senior staff members at The A.V. Club left the site after management required them to move from Chicago to Los Angeles. According to the Chicago Tribune, the departing staffers cited a lack of salary increase to account for increased cost of living due to the transfer.[22]

On March 1, 2022, GMG Union members went on strike after failing to reach an agreement on a new contract.[23] The strike was resolved on March 6 with a new contract that included some of the members’ terms.[24]

On June 29, 2023, G/O Media implemented a “modest test” of artificial intelligence-generated content on its websites, in a move similar to BuzzFeed and CNET. The move sparked backlash from GMG Union members, citing AI’s track record of false statements and plagiarism from its training data.[25] The first AI generated articles on G/O Media sites appeared on July 5 and included a “chronological list” of Star Wars movies and television shows on Gizmodo’s io9 section that wasn’t in chronological order, omitted Andor and The Book of Boba Fett and stated that the events of the television series Star Wars: The Clone Wars came after those of The Rise of Skywalker; a list of the “best summer blockbusters of 2003” on The A.V. Club; and a list of “the most valuable professional sports franchises” on Deadspin.[26][27]

Again, none of the people at this talk have anything to do with selling a product or pushing an agenda or whatever you think. There is no press, there is no marketing, there is no product - it was basically a meetup of private equity firms that discussed the implementation and impact of purpose-trained AI in diverse fields, which affects the business structure of the big single-family office behemoths, like an industry summit for the private equity sector regarding the future of AI and how some plan to implement it (mainly big non-public SFOs).

Sometimes people just meet to discuss strategy; no one at these talks is interested in selling you anything or buying anything - they are essentially top management and/or members of large single-family offices and other private equity firms. They are not interested in selling or marketing something to the public; they are not public companies.

It’s weird how you guys react; not everything is a conspiracy or a marketing thing. It’s pretty normal in private equity to have these closed talks about global phenomena and how to deal with it.

These talks are more to keep the industry informed. I get that you do not like it when essentially the big SFOs have a meeting where they discuss their future plans on a certain topic, but it’s pretty normal that the elite will arrange themselves to coordinate some investments. It’s essentially just the offices of the big billionaire families coming together to put heads together to discuss a topic that might influence their business structure. But, in no way is it a marketing strategy; it would, on the contrary, be negatively viewed in the public eye that big finance is already coordinating to implement AI into their strategy.

But feelings don’t change facts. My point is if the actual non public big players are looking at AI in a serious matter, then so should you.

Haha, lol, whats happening why do you hate me, just sharing an experience, an opinion?

• it’s not NVIDIA or AMD or any chip manufacturer, or someone who has a product to sell to you. Most of them are not even publicly traded but are organized in family office structures. They don’t care about the B2C market at all; they are essentially private equity firms. You guys interpret anything to fit your screwed-up vision of this world. They don’t even have a product to sell to you or me; it was a closed talk with top industry leaders and their managers where they discussed their view of AI and how they will implement purpose-trained AI into manufacturing, etc. It has nothing to do with selling to the public.

I have already said too much - just let me tell you if you think LLMs are the pinnacle of AI, you are very mistaken, and depending on your position in the market, you need to take AI into account. You can only dismiss AI if you have a position/job with no real responsibility.

So weird how you guys think everything is to sell you something or a conspiracy - this was a closed talk to discuss how the leaders in certain industries will adapt to the coming changes. They give zero cares about the B2C market, aka you as an individual.

Again, none of the people at this talk have anything to do with selling a product or pushing an agenda or whatever you think. There is no press, there is no marketing - it was basically a meetup of private equity firms that discussed the implementation and impact of purpose-trained AI in diverse fields, which affects the business structure of the big single-family office behemoths.

Hi, I don’t want to say too much, but after being invited to some closed AI talks by one of the biggest chip machine manufacturers (if you know the name, you know they don’t mess around), I can tell you AI is, in certain regards, a very powerful tool that will shape some, if not all, industries by proxy. They described it as the “internet” in the way that it will take influence on everybody’s life sooner or later, and you can either keep your finger on the pulse or get left behind. But they distinguished between the “AI” that’s floating around in the public sector vs. actual purpose-trained AI that’s not meant for public usage. Sidenote: They are also convinced the average user of a LLM is using it the “wrong” way. LLMs are only a starting point.

Also, it’s concerning; I’m pretty sure the big boys have already taken over the AI market, so I do not trust that it will be to the benefit of all of us and not only for a select group (of shareholders) that will reap the benefits.

Stupid question: What’s the point behind this? Is this actually financially viable for a company in the long run? Was this an attempt to get Reddit to crack down on those subs?

Isn’t this always a fight against windmills? i.e., you can’t fight a symptom without addressing the market as a whole?

I mean, if I were an investor looking at this, I would also get excited about making this change - much less risk, less cost, less customer support, etc., all for basically the same output in revenue. In other words, if I cut the small business (6% of value but over 100k accounts to handle) out of the model, I can make more money because the cost reduction is higher than the loss of revenue. And in the long run, when “big game customers” jump ship, I just downsize some more. I also don’t need to invest but can be sure it will generate a certain amount of revenue, as long as I do not squeeze the relevant customer groups too hard. This strategy is very feasible and relatively risk-free. I am not a fan of it, but I think a lot of software companies will go this way after they establish themselves in a market.

Well, I hope you are right. xd

It just seems to me like a monopolization of the market by the big tech corps, which won’t be beneficial to the majority, but at least a few billionaires will get richer.

I was recently invited to the Google research center where they presented their new AI assistant features, which should be coming this year. It was weird; it was at the same time more capable than I thought and more restrictive than one would assume. It’s like not even Google knows exactly what to do with it, or what it should be able to do, or what exactly it is capable of. I also once got to try an “uncensored” / “unrestricted” information model, which was actually a bit scary but far more useful than any of the current “restricted” chatbots. I’m sure AI will change things up, but how, when, and why I don’t know, and the more I find out, the more unsure I am about predictions, besides the one that big corps will try to monopolize the market.

1. Why do you care this much about online comments in such a niche community where only already opinionated people are?

2. Yeah, if I were a moderator and needed to go over 1000 comments in today’s climate, I would delete more than necessary just because you never know. They do not put as much thought into it as you think. It was most likely just like this:

A mod goes over comments that got reported, reads the first line of the comment, sees it has direct insulting language (the “fuck them” line), and deletes it.

No political intent or conspiracy, just a mod being a mod. Could be that there is some bias, but then you can do nothing anyway in that case; it’s just a small echo chamber then.

Hakuna Matata, my friend.

The funny thing is, copyright doesn’t even matter; at least half of the world’s market couldn’t care less about copyright, especially if it’s from the “west.” They certainly won’t suddenly start respecting copyright law. They will use and develop AI without the restriction of copyright. All this talk about copyright and the law, and all the copyright suits against AI and tech firms, will be fruitless since we either forget copyright like we used to know it, or we get left behind in development because we need to respect the copyright of everything and make contracts with every big outlet, etc. Big tech knows that, so they walk this gray zone walk to still train AI on copyrighted material but somehow proclaim they are not copyright-dependent.

I’m not saying this is a good development, just that I think we need to reassess how we treat copyright on a fundamental level under the current development structure of AI.

We need to slow down the development of AI and hinder monopolization of the market. My guess is it’s too late, but we can still hope that maybe this time it will be different.

What issue? That unpaid interns or those one step below are not agreeing with long-term political decisions that were practically made before they were born and only understand the surface of the subject?

Yeah, thanks. I think I’ll just ignore those as well if I were in a position of power, and you would too.

What is this “moral responsibility,” and why is it just now relevant? There were, are, and will be much bigger and worse issues, like climate change, but no one is talking about moral responsibility and blasting the ones who are in charge like it is happening right now with the Israel/Palestine crisis.

Maybe it is just the age of massive misinformation and propaganda campaigns from all sides (some are engaging much more than others) with which I have a problem. Because, in the end, I applaud people who stand up for what they think is right, like those interns. It just comes across as too selective to be a principle. I mean, the Israel/Palestine issue has been ongoing for what? 50 years? It’s not even the first hot phase or siege of Gaza. And then you start working in politics and then you became aware of the politics and stopped working there? What?

Part of it was faulty pricing from a Norwegian electricity exporter. Also, they have almost finished the new infrastructure, so they do not have to import as much in crisis situations. I think a new nuclear power plant goes online and lots of renewable stuff. The problem OP is maybe talking about seems to be very well handled by the state and already solved. https://www.helsinkitimes.fi/finland/finland-news/domestic/24708-electricity-prices-in-finland-return-to-normal-levels-in-2023-down-64-from-previous-year.html

This happens rarely, and if it happens, the chances of it being someone we know from the media are almost 0; that would be all under the table. The “best” are the ones you don’t hear about because they are too busy working on actual stuff, same in most science fields.

Most of them are recruited in “normal” ways; there is much more talent around these days. No need to engage with criminals and put them on actual sensitive stuff. Also, they get paid more than you might think; the people leading these projects are not stupid and make a simple mistake like underpaying talent they still need.

Please, you are so right - but please do not engage further with this kind of posts in the future, just report them - the OP of this post is 1 day old, most likely a bot account - Lemmy needs better moderation, and that fast, it’s getting worse and worse, day by day.

Thank you for the information sir!

Holy yes, that’s a whole lot to unpack here. I understand the situation a bit better now. What a shitty choice for an election xd

On the plus side, I understand the Argentinean memes now that pop up then and there—their game is on point. (South American/Latin American meme culture, in general, is on top of things and much more represented among all age groups.) Kudos to them, still keeping humor alive despite the situation.

oh yeah for sure could be a reaction to the opium wars

• https://www.nationalarchives.gov.uk/education/resources/hong-kong-and-the-opium-wars/ -

It’s never the drugs that make a society erode; it’s a symptom. If you have a big drug problem in a country, most likely it’s related to much bigger issues at the core. Like in the Opium Wars, it was the British Empire that basically drugged China as a means to get what they want. It’s not like they discovered drugs and then just stopped doing anything else; we humans had drugs and used drugs since we know about them.

Some argue this tactic is still very much in use today, hence the fentanyl crisis, which seems to be fueled by China. It’s a destabilizing tactic. That’s also part of why China and other Asian countries are so strict because they know firsthand the effectiveness of literally drugging your foe to gain an advantage. This does not mean China and co do not have their own drug market; they have a pretty vivid drug scene.

Also, as an example, Japan or China, yeah, sure, you can’t buy weed; they will basically curb-stop you legally. But you can drink as much alcohol as you want, smoke as much tobacco as you want, and drink as many caffeine drinks as you want. These are all recreational drugs with a much higher impact on society than weed, yet they are totally legal and accepted by everyone or are even traditional.

RIP Argentina. I don’t know the situation that led to this, but man, that sounds real, real bad for the average Argentine people.

I know of one person in my wider circle who reacts also pretty bad when children are being children around him. In his childhood, every time he was loud, wanted attention, or just did what a child does, his parents (they did not even want children; he was an “accident”) got really angry at him. So children being children is a trigger for him.

Talking to a trained professional helped him immensely to handle this.