It's gonna come crashing down pretty soon. It's gonna hurt all of us. It won't hurt the people responsible nearly enough.
this post was submitted on 07 Jun 2026
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reminder than during 2019 there were streaming services popping left and right, all showing tremendous growth because they started from zero, and articles were about how bad Netflix was doing due to having practically no growth compared with the competition (they already had a massive subscriber base). Twist? Netflix was the only streaming service that was actually making a profit, the rest were a massive loss but big growth.
Needless to say most of those streaming services died; who remembers DC streaming service, or Yahoo's? While Netflix is basically as stong as ever, despite the prevalent enshitification happening through the whole industry.
Point of the story? shareholders don't care about stable profitable business, only cancerous growth. AI is like that, zero profits, ton of cost, but as long as they show growth the shareholders are happy, regardless of how cooked the books are.
2019 Yahoo
My immediate thought, there is no way Yahoo! Screen survived into 2019.
I looked it up and Yahoo! Screen (which featured Community season 6) was shutdown in January 2016. But Yahoo! View launched in late 2016 (as a Hulu-like replacement), and that did shutter in mid 2019.
So Yahoo! was already dead, but it also died for real in 2019.
Imagine having a streaming service so bad it fails twice
Isn't that kind of Yahoo!'s business model?
Actually, when Yahoo was the search giant, before Google went mainstream, they were pretty damn good at what they did.
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Of course it is, it’s essentially a scam. They just need enough humans to keep investing until they check out and run with a bailout.
thats why they are peddling it to governments for "surveillance AI"
Funny thing is, the US government doesn't even have nearly enough money to bail all these mfa out. So we are heading into uncharted territory here
Of course they don’t, that’s why they’re building bunkers. Thinking it’ll slow us down, as we’ll open their bunkers like cans of tuna. A bunker only works for so long, then the survivors start hunting for them like delicious shipwrecks.
they are going to argentina. apparently NZ has blocked thiels compound.
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And that's why they're trying underhanded tactics to inflate earnings and IPO directly into the index funds, so every American's 401K will legally have to rebalance and invest in them. They're racing to fleece retirement funds before the bubble bursts.
Not financial advice, of course :p but people should really consider getting their stuff out and into self-directed funds or whatever it is US people do to not depend on auto-allocated funds.
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I don't get why companies get to legally bailout like this. Why do people have to suffer for their bullshit? Enslave the CEOs if you have to make things right, leave the people out of it.
That's simple, because the people making laws and overseeing the adherence to those laws are great buddies with those same CEOs.
So, corruption.
Though i do agree with you, there is no such thing as too big to fail. Government shouldn't have any handouts to corporations.
These levels of corruption are frustrating; money shouldn't decide the law.
No handouts to corporations, indeed. Make them pay.
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How much do they spend when I pay nothing?
I think they might've broken the laws of math there, as they're certainly still spending a non-zero amount.
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they are spending infinite money for every $1 i pay them
I'm quite happy to use their compute power for frivolous bullshit if it hastens their enshittification and demise.
"Hey Claude, can you begin work on an e-commerce site written in visual basic?"
*Two microseconds later... *
"Your free usage limit has been reached"
"Ok Claude see you tomorrow, maybe we'll think about a rewrite in Turbo Pascal"
"I need a triple A cooking game with blackjack and hookers, all written in SQL."
"But that's a database langu-"
"Did I stutter?"
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so these crazy prices i hear about being implemented (like at github) should actually be at least 10x higher?
10x higher to break even :)
To break even on operating expenses, not even counting debt payments, depreciated capital value, or future recapitalization costs.
*Operating expenses before nvidia raises their prices so they can somehow make the line go up enough to justify it's massive evaluation.
Definition of a Bubble. These AI huckster keep stringing investors on though. Sadly, I think these public IPOs coming up for Space X, OpenAI, and Anthropic will fall short of expectation and trigger the bubble popping.
That's not good business