263
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Sep 2024
263 points (99.6% liked)
People Twitter
4979 readers
1442 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a tweet or similar
- No bullying.
- Be excellent to each other.
founded 1 year ago
MODERATORS
Don’t forget that Microsoft isn’t some dumb company trying to jump on the AI bandwagon. They’re a cloud provider and Azure provides lots of AI options.
Microsoft is one of the platforms raking in heaps of money from dumb companies trying to jump on the AI bandwagon. They’re the equivalent of the people selling MAGA shirts outside trump rallies.
True. But one of their biggest customers is OpenAI. A big part of Microsoft's investment in OpenAI comes in the form of free access to its data centers (which cost money to run, thus costing Microsoft in the short term). By taking advantage of OpenAI's non-profit status, Microsoft was able to write off a bunch of those losses early on as tax deductions.
But they're still losses.
Other firms using Microsoft to jump on the AI bandwagon might help make up the difference. But that's like saying "I'm only doing some of my own heroin, so I still come out ahead". Given the current rate of return on AI investments, the only truly correct investment value is $0.