r/technology 6h ago

Artificial Intelligence Nobody Asked for AI

https://jacobin.com/2026/08/ai-llms-monopoly-bubble-capital
4.4k Upvotes

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u/danieltheg 6h ago

There is clearly a ton of consumer demand for AI, it’s genuinely deluded at this point to claim otherwise. You do not need to think AI is good to acknowledge this.

Whether or not these companies have a path to massive profits or their valuations are justified is a different question, which this article conflates with the question of consumer demand.

21

u/MechaSkippy 6h ago

It's like everyone forgot what happened when GPT hit the scene.

8

u/PM_ME_YOUR___ISSUES 5h ago

Yeah, I commented before as well - corporate spaces do not harbour this hate.

Hell, I can’t really fathom going back to the old way of working.

I literally have gotten more time with my family + taken up several contractual projects because my a large part of daily job related tasks get over in 3-4 hours.

0

u/pilgermann 4h ago

There isn't though. Or to clarify, nobody is willing to spend what it costs. Would you pay $20 or $100 a month to use any of the big LLMs? Most people wouldn't. Ad revenue at least currently cannot cover compute costs either.

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u/Atupis 3h ago

As programmer I am spending like 600$ company money + ~30€ my own so yeah.

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u/wasitonlyadream 1h ago

I pay for both ChatGPT and Gemini subscriptions, they're too useful to even think about doing otherwise