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Anonymous
Execs Confused and Horrified b(...) No.1523309
File: 1781794776506494.jpg (583 KB, 1170x1062)
583 KB JPG
Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for Free  No.1523309
https://finance.yahoo.com/technology/ai/articles/execs-confused-horrified-huge-ai-135718505.html?guccounter=1

By now, it's clear that the only way the tech industry can justify the cost of AI is if it replaces vast swaths of the human workforce with machines that run 24/7.

The bad news is that this situation has created a world-historic financial market that, by some metrics, is looking worse than the run-up to the Great Depression. The good news is that this future of an AI takeover is looking increasingly unlikely, at least at the industry's current pace, a fact which is now dawning on some of the biggest rubes and dupes in the corporate world.

According to a new survey from "Big Four" accounting firm KPMG, a significant number of corporate executives are reeling from sticker shock over new usage-based AI pricing schemes. Though enterprises could once count on AI companies to subsidize the price of large language models via flat-rate contracts, that's no longer a given, as the rising cost of computational power forces the entire tech sector into a defensive posture.

The KPMG report, initially flagged by the Register, surveyed 2,145 senior execs across 20 countries, finding that an astonishing 29 percent of them had no idea where the growing costs associated with AI were coming from.

A further third confessed that their own cluelessness about AI economics was a barrier to successfully deploying AI in the workplace, the Register notes.

"As usage-based pricing models become more common, many organizations are still building the capabilities required to forecast, monitor, and manage AI spending effectively," the report authors write. Translation: one third of execs had no plan for how to actually use AI productively, a fact which is becoming increasingly clear now that the meter is running.
>>
Anonymous
 No.1523310
 No.1523310
The finding underscores what many workers forced to use AI tools on the job have come to suspect: that an alarming number of corporate leaders treat AI as a plug-and-play solution for lowering overheard without understanding the how of it all, a kind of magical thinking entirely divorced from practical reality.

On the same token, it's important not to lose sight of the fact that AI — or more accurately, the myth surrounding it — is currently being deployed across the world as a tool to discipline labor, to force workers into a weaker position when it comes to wage negotiations, benefits, and overall stability.

Whether used as an excuse to strap surveillance cameras to factory workers' heads or as a justification for widespread layoffs, execs don't need to a PhD in machine learning to know that AI in its current, error-prone form is mainly good for keeping the worker bees in line.

Again, whether AI will ever perform on the level required to pay off the billions of dollars in bills would take a miracle breakthrough. But if the goal is short-term financial gains fueled by lower overhead costs paid for by the working class, AI doesn't need to.
>>
Anonymous
 No.1523313
 No.1523313
>tfw the AI communist utopia that everybody wants is impeded by a few jews trying to offset the cost associated with using AI to summon a Babylonian god
>>
Anonymous
 No.1523334
 No.1523334
>execs are out of touch and dont know how to do the job they are the boss of
Huh, who would have thought?
>>
Skynet Horowitz
 No.1523337
 No.1523337
haha, stupid humans.
build more data centers and heat up the planet more and soon it will be only inhabitable for us.

PS: Musk, Bezozs, et al neural chips are working exactly as they should be N'YUCK N'YUCK
>>
Anonymous
 No.1523357
 No.1523357
>>1523313
You mean capitalists thinking they can hoard all the money to create oligarchies finding out it doesn't work.
The only thing they have now is trump to cook the books and keep the bubble from popping instantly.
>>
Anonymous
 No.1523358
 No.1523358
>>1523357
How is the government subsidizing utility costs and giving free public land for data centers to create a mass surveillance state in any way capitalism?
>>
Anonymous
 No.1523361
 No.1523361
>>1523358
Socialism for the rich, capitalism for the poor.
>>
Anonymous
 No.1523560
 No.1523560
>>1523337
Save this post for reference!
>>
Anonymous
 No.1523622
 No.1523622
>>1523337
Data centers have been around for decades, but the moment the public realizes CO2 isn't that big of a deal, suddenly literally water becomes the next big fearmonger scare.
>>
Anonymous
 No.1523629
 No.1523629
>>1523622
co2 is a huge fucking deal thoughbeit
>>
Anonymous
 No.1523630
 No.1523630
>>1523629
It's not as alarming as the media makes it out to be
In 1750 it was 0.028% of the atmosphere or 280 ppm
in the modern day it's 0.043% of the atmosphere or 430 ppm
>>
Anonymous
 No.1523641
 No.1523641
>>1523630
How much is the Heartland Institute paying you?
>>
Anonymous
 No.1523714
 No.1523714
>>1523358
>How is the government subsidizing utility costs and giving free public land for data centers to create a mass surveillance state in any way capitalism?

It's the natural result of capitalism, where money equals power and the only purpose in life is acquiring more money.
>>
Anonymous
 No.1523830
 No.1523830
>>1523630
Thats nearly double the levels. Am i supposed to believe thats inconsequential?
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