Wasn't this shit absolutely obvious? It's the entire tech business model - lure customers in with a deal that's too good to be true, use VC money to gain market share, then once you've secured enough slam the product with enshitification and price hikes to try and claw in some kind of ROI
this post was submitted on 02 Jun 2026
97 points (100.0% liked)
technology
24389 readers
322 users here now
On the road to fully automated luxury gay space communism.
Spreading Linux propaganda since 2020
- Ways to run Microsoft/Adobe and more on Linux
- The Ultimate FOSS Guide For Android
- Great libre software on Windows
- Hey you, the lib still using Chrome. Read this post!
Rules:
- 1. Obviously abide by the sitewide code of conduct. Bigotry will be met with an immediate ban
- 2. This community is about technology. Offtopic is permitted as long as it is kept in the comment sections
- 3. Although this is not /c/libre, FOSS related posting is tolerated, and even welcome in the case of effort posts
- 4. We believe technology should be liberating. As such, avoid promoting proprietary and/or bourgeois technology
- 5. Explanatory posts to correct the potential mistakes a comrade made in a post of their own are allowed, as long as they remain respectful
- 6. No crypto (Bitcoin, NFT, etc.) speculation, unless it is purely informative and not too cringe
- 7. Absolutely no tech bro shit. If you have a good opinion of Silicon Valley billionaires please manifest yourself so we can ban you.
founded 5 years ago
MODERATORS
Absolutely, but Uber rides didn't jump from $10 to $1000 overnight. This is absurd enough that they might have killed the grift.
Also Uber will almost always take you to your destination using the shortest path. This is not true of AI.
And Uber actually provides a real service.
I keep encountering people in tech who somehow did not see this coming, a lot of them actually expecting the pricing to go down over time.
The alternative still exists in peoples labour and, I suppose not too uncommon for the tech cycle, the alternative can still be superior. Plus the cycle here happened fast enough that all the compsci people can still do their software engineering coding stuff, its the same people.
China continues to do nothing (except develop their infrastructure and economy) and win
LOL 
Hahaha fuck. I guess that bubble is bursting.
Will this end up like another bubble crash bailout, but worse because of the sheer amount of money lost?
EDIT: lol the first post
People who think the job market is the same for people entering it now is the same for people who entered it 30 years ago ahhahaha
Incredible stuff.
I hate the olds so much.
I don't think I ever made lower than that since (year 30 for me now)
these people are entrenched and now they have the experience to go out and demand whatever they want.
in entry level positions in IT right now salaries start as low as $40k, dpending on what exactly you are doing and where the employment is (talking north america)
But hey at least its not one of those barbaric asian spyware models. The price for true freedom!!!
Are we close to the bubble burst? Seems like seed money / debt derivatives are drying up.
They need a next big thing to move on. This shit won't burst without several big players divesting at the same time.
The capitalist class is way too hooked on the AI sauce for the bubble to burst. They’re all in on this endeavor, which literally spells doom for humanity but I really think we will all die before this bubble truly bursts.
I think the fact we are seeing Anthropic and OpenAI race to IPO, the SpaceX IPO presenting SpaceX as an AI company and not a rocket company, and Google selling stock to fundraise for AI… I think all this heralds we are reaching the peak.
The people most directly in the know are absolutely speeding towards their financial exit.
I think all this heralds we are reaching the peak.
I’m not sure I follow why you think what you said preceding this means we’ve reached the peak…
Like, it looks like they want to cash out basically.
Going public means they can sell shares and take profit. Convert the hype into cash.
If you believe in the profit potential of AI, then you can argue they’re going public in order to fund additional investment in building data centers.
But if you’re skeptical of its long term profitability and / or you’re skeptical about this being a “winner takes all” market, then it looks like they’re simply cashing in their chips now before the hype breaks.
I am skeptical about it - on both counts, I think models are going to remain very expensive to operate so will have limited use-cases that are truly viable, and I think this won’t be a “winner takes all” market since the models are essentially interchangeable with each other in a way that end-users can struggle to even notice, so it starts to look more like a low margin commodity.
I think the insiders have also reached this conclusion. There are hints of this.
eg Microsoft raising their token prices means they’re now much less willing to subsidize usage in order to win market share.
Another example of how xAI / SpaceX are now actually leasing their compute time to Anthropic, which is profoundly weird business strategy to adopt - if they believe in Grok as a product - since they should be a direct competitor.
I mean they will literally go bankrupt if they start paying the true price, not the financialized tech monopoly seeking price. Even if the CEOs are AI-brained, forcing it on their businesses will fail.
Your signature is amazing haha
thanks! :D
How do we not have a Ron Paul "it's happening" emoji
Copilot is ass, Microsoft is cooked
new zitron post about the pricing change
Microsoft Build is today, and one of the "Big" things they're showing off is effectively putting the burden of running models onto the consumer/worker through specialized AI development hardware that acts as their workstations running th emodels locally using their own electricity. Brilliant stuff.
I assume we're still going to pave the surface of the planet with datacentres for some reason?
At the very least let us cut the trees and pour the foundations before bankruptcy forces the consequences to be socialised.
Under capitalism people will ultimately be preferred and are cheaper than AI/LLM, its like if ancient slave societies tried to use the steam engine, nah they'd go back to having people open doors and lug around whatever it was.
lol their greed sickens me
Reddit links were detected in your post. Here are links to the same locations on alternative frontends that protect your privacy.
Link 1:
Link 2:
Link 3:
Link 4:
Link 5:
Link 6:
Link 7:
Link 8:
Link 9:
Link 10:
Link 11:
Link 12:
Link 13: