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Wall Street Is Getting Very Nervous About AI
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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#52 · Quote Reply

One early example I heard about slop code being bad was that if you have a process that is repeated, an LLM will not write a function that is broadly scoped so it can handle a significant number of related use cases, it will write different code for each instance, so when that process fails you have no idea which version is responsible. Seems like the kind of thing QA would flag.

Some of the devs in my team do this occasionally and it ALWAYS eventually causes issues

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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#53 · Quote Reply

The problem: After 6 months, every single vibed up slop project has failed to get through QA, and the developers can’t get AI to address the issues QA is reporting (similar stuff as people have been reporting with the slop-clones of Office and Photoshop, UI elements that fail to do anything despite looking like they should, the software doing one thing when it was asked to do another). Is AI im...

Is AI imploding within itself through poisoning and no new content?

Model collapse doesn't retroactively affect models that have already been trained, so this option seems like a pretty nonrigorous belief

Are they putting in their own guardrails to take away the really good innovations because of greed?

This would be difficult and likely counterproductive, but they are known to adjust the amount of compute they allow models to use, so they could be throttling that

AI was never as good as they claimed, even the super advanced models?

Ding ding ding, we have a winner! AI has improved, but those who are selling it will always and forever oversell it, like they would with any product.

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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#54 · Quote Reply

I'd say it's never been as good as Musk and Altman especially make it sound. If you drill into the nuance of their proof points that their companies bother to share, it's generally a bit more clear that things aren't exactly 'asterisk free' even then. Most recently I read how one of them proudly proclaimed they were 100% manual code free, but for the task described they still had 200 developers...

Remarkably well said. I don't have much of substance to add, but it is funny to me that:

To get things vaguely working, you need to be relentless in providing a super comprehensive set of requirements and criteria that are impeccable at fully capturing what is needed and could reasonably go wrong.

is basically describing what programming already was.

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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#55 · (edited) Quote Reply

Even its tool status only exists because these companies subsidize the cost. In the event any survive the pop, realistic costs would price it out of being a frequent tool for typical workers.

Idk, the cat is kind of out of the bag here with local open-weights models. Even if all the providers shut down, someone who really wanted an AI could use one of those with not too much effort. A good model would require some impressive hardware, but a bad one is "good enough" for some people.

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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#56 · Quote Reply

I don't see how that's a win for anyone except the assholes peddling AI.

Yeah, schedenfreud is nice but it is not a filling meal. Seeing AI addicts get taken advantage of can make me smug but it cannot make me happy. People are still being exploited.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#57 · Quote Reply

A lot of people are getting addicted, though. I have the sinking feeling they're trying to keep this going for as long as they can so there's enough addicts who will then sink their savings to get their fix once the bubble pops.

i know a person that is addicted to it, use it to do every job searching, resume, his other personal problems.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#58 · Quote Reply

This is what happens when investment is done on possibility rather than reality.

on ASSUMPTIONS, that dint have a viable product before hand.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#59 · Quote Reply

My conspiracy theory is that investors are letting the air out of the bag so that democrats will win and give everyone bail outs.

wouldnt it be more useful for them to bet on gop, who will be forced to bail out, more likely to. with Ds, its wishy washy.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#60 · Quote Reply

The financial inbreeding didn’t trigger any alarms?

more like financial cannibalization in favor of the AI hype, sacrifice all your other business ventures, or employees for AI.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#61 · Quote Reply

Not just wall street, some of the pro-slop people in my work are getting increasingly desperate and unhinged. They formed an 'AI native team' to develop 'groundbreaking new applications' more rapidly than our dumb old software development teams are doing even with AI tools available. The logic: Obviously software development skills just make the developers too opinionated and they stand in the ...

i know a pro-slop in my immediate family, he would refer to chat gpt as a way to solve whatever question he was having.

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Tollana1234567 lemmy.today Tollana1234567@lemmy.today
Joined: 2025-06-04
#62 · Quote Reply

they are keeping the grift going as long as possible,

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SorryQuick lemmy.ca SorryQuick@lemmy.ca
Joined: 2023-11-20
#63 · Quote Reply

Even its tool status only exists because these companies subsidize the cost. In the event any survive the pop, realistic costs would price it out of being a frequent tool for typical workers.

They are profitable on inference (at least anthropic). Inference is cheap, it’s not susbsidized. It’s training that’s expensive, but if the bubble really does pop then current open source models (which are pretty much sold at inference rate + small margin) will actually go down in price since the cost of hardware will have gone down (assuming less demand for GPUs). Considering that the current best open model is roughly one month behind, we won’t revert to pre-ai anywhere. It’s just too cheap for that.

Still, it’s lovely seeing people spreading misinformation based on something they saw on tiktok years ago. Keep up with the times or don’t spread outdated info.

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MarieMarion literature.cafe MarieMarion@literature.cafe
Joined: 2025-06-05
#64 · Quote Reply

Well, they're right. "If we stop testing right now, we'd have very few cases, if any," Trump asserted, "Without testing, or weak testing, we would be showing almost no cases."

No. No? You kidding?

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jode pawb.social jode@pawb.social
Joined: 2025-11-17
#65 · Quote Reply

they are keeping the grift going as long as possible,

The grift that keeps on grifting

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Hacksaw lemmy.ca Hacksaw@lemmy.ca
Joined: 2023-07-27
#66 · Quote Reply

I agree with the general story but that example is not a great one, 90% of it is an accounting adjustment as a result of their share price going up. This would actually happen in a case where a company was being successful. What happens is the startup gets say $100m in cash in return for 1000 shares, valued at $100 each. Then later when the startup is doing well their share price is now worth $...

That's not how shares work at all!

You can't turn them into the company at market value, you have to sell it to other people to cash out. The only time a company buys its shares is when they do a buyback, but that wouldn't be a debt on the balance sheet.

The shareholders are just the company owners.

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Bakkoda lemmy.world Bakkoda@lemmy.world
Joined: 2024-02-28
#67 · Quote Reply

Not just wall street, some of the pro-slop people in my work are getting increasingly desperate and unhinged. They formed an 'AI native team' to develop 'groundbreaking new applications' more rapidly than our dumb old software development teams are doing even with AI tools available. The logic: Obviously software development skills just make the developers too opinionated and they stand in the ...

As a former quality person this is everywhere. Manufacturing has basically relegated QA/QO to be task based (reactive, paper pushing, etc) and removed from the process completely unless deviations occur (which they do all the time, go figure).

The further you are from the product the less value you have.

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MyOpinion lemmy.today MyOpinion@lemmy.today
Joined: 2025-06-04
#68 · Quote Reply

I have removed every dollar of my money from anything that is directly involved with AI.

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eyesaremosaics lemmy.zip eyesaremosaics@lemmy.zip
Joined: 2026-04-23
#69 · Quote Reply

That's not how shares work at all! You can't turn them into the company at market value, you have to sell it to other people to cash out. The only time a company buys its shares is when they do a buyback, but that wouldn't be a debt on the balance sheet. The shareholders are just the company owners.

Well the description is literally what is behind the $72 billion reported loss

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jaykrown lemmy.world jaykrown@lemmy.world
Joined: 2024-11-20
#70 · Quote Reply

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Ech lemmy.ca ech@lemmy.ca
Joined: 2025-06-25
#71 · Quote Reply

Idk, the cat is kind of out of the bag here with local open-weights models. Even if all the providers shut down, someone who really wanted an AI could use one of those with not too much effort. A good model would require some impressive hardware, but a bad one is "good enough" for some people.

I'm not talking about personal use.

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Ech lemmy.ca ech@lemmy.ca
Joined: 2025-06-25
#72 · Quote Reply

They are profitable on inference (at least anthropic). Inference is cheap, it’s not susbsidized. It’s training that’s expensive, but if the bubble really does pop then current open source models (which are pretty much sold at inference rate + small margin) will actually go down in price since the cost of hardware will have gone down (assuming less demand for GPUs). Considering that the current ...

Yeah. That $80 billion loss was all for training I guess 🙄

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BeatTakeshi lemmy.world BeatTakeshi@lemmy.world
Joined: 2023-09-12
#73 · Quote Reply

Not just wall street, some of the pro-slop people in my work are getting increasingly desperate and unhinged. They formed an 'AI native team' to develop 'groundbreaking new applications' more rapidly than our dumb old software development teams are doing even with AI tools available. The logic: Obviously software development skills just make the developers too opinionated and they stand in the ...

That's next level FAFO

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BeatTakeshi lemmy.world BeatTakeshi@lemmy.world
Joined: 2023-09-12
#74 · Quote Reply

I dread to find out what the new thing will be that will distract everyone from the actual problems. Brain-computer-interfaces?

Robots, flying cars, quantumAI, Epstein Files...

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Treczoks lemmy.world Treczoks@lemmy.world
Joined: 2023-07-09
#75 · Quote Reply

If the banks desperately want to sell you something, you know it must smell fishy.

They want to get the growing risk out of their portfolios, and when other banks and investors don't want to take it, they try to find idiots in the masses instead. In Germany, they had the word "Volksaktie" (shares for the common people) for it, and yes, it was about the same, even though back then there still was some substance behind it, and not just greed and unfulfilled contracts like with the AI bubble.

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myyass lemmy.world myyass@lemmy.world
Joined: 2026-09-02
#76 · Quote Reply

You know, when I paid 2k for a graphics card during the shortage. Maybe that was a good indicator that building giant warehouses using expensive and hard to make components was probably not the best course of action.

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Dispassionate quokk.au Dispassionate@quokk.au
Joined: 2026-05-27
#77 · Quote Reply

I dread to find out what the new thing will be that will distract everyone from the actual problems. Brain-computer-interfaces?

Oh musk did that one already. That’s why he has helpers ;)

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Dispassionate quokk.au Dispassionate@quokk.au
Joined: 2026-05-27
#78 · Quote Reply

That isn't really compatible with this timeline because these companies are spending trillions of dollars building data centers, which serendipitously is extinguishing any hope of buying local AI hardware by cornering the market for GPUs, RAM, CPUs and both solid state and platter hard drives. The implication of this all is that we will rent compute and run nothing locally. If hyperscalers succ...

I’m pretty sure the earth will expel us long before AI has a chance to do it. 😭🔥

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wolframhydroxide sh.itjust.works wolframhydroxide@sh.itjust.works
Joined: 2024-07-25
#79 · (edited) Quote Reply

No. No? You kidding?

In case you weren't being sarcastic: Yes, that's a direct quote from the Paedophile traitor, the Fuhrer in Orange, shitlord of Hamberder.

He claimed that the only reason america had COVID cases to report was because we were testing for them, stating directly that testing was bad for publicity.

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thedeadwalking4242 lemmy.world thedeadwalking4242@lemmy.world
Joined: 2023-08-10
#80 · Quote Reply

Not just wall street, some of the pro-slop people in my work are getting increasingly desperate and unhinged. They formed an 'AI native team' to develop 'groundbreaking new applications' more rapidly than our dumb old software development teams are doing even with AI tools available. The logic: Obviously software development skills just make the developers too opinionated and they stand in the ...

Wow.

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whoisearth lemmy.ca whoisearth@lemmy.ca
Joined: 2023-07-03
#81 · (edited) Quote Reply

QA obviously is a problem Oh lord...

The more things change the more they stay the same.

If shit rolls downhill QA is at the bottom and I'm saying this as someone who comes from Ops. I deal with the shit when it hits production.

Truth of the matter is in any org it goes like this

Devs - literally walk on water. Give us new and shiny things

Ops - support the half baked shit that devs promote to prod on lies that "it's production ready we will fix in future sprints"

QA - magical role that is never filled because "we can just get devs to review their own code"

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clif lemmy.world clif@lemmy.world
Joined: 2023-06-11
#82 · Quote Reply

In reply to an earlier post

I was ready to type "just fire QA and have the LLM do it" then I read the last paragraph.

I'm hoping this is the line that executives won't cross

Hate to be a downer here buuuut....

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grue lemmy.world grue@lemmy.world
Joined: 2023-06-13
#83 · (edited) Quote Reply

In reply to an earlier post

I've never known QA evaluations to be design-based, only results-based. They would test each of the cases and reject the code if it failed any of them, but they wouldn't check for or reject the code just because it was handling them in stupid, non-generalized ways.

Checking for bad design is more of a team lead code reviewer thing (if it happens at all).

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grue lemmy.world grue@lemmy.world
Joined: 2023-06-13
#84 · Quote Reply

Remarkably well said. I don't have much of substance to add, but it is funny to me that: To get things vaguely working, you need to be relentless in providing a super comprehensive set of requirements and criteria that are impeccable at fully capturing what is needed and could reasonably go wrong. is basically describing what programming already was.

AI is the new COBOL.

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grue lemmy.world grue@lemmy.world
Joined: 2023-06-13
#85 · Quote Reply

In reply to an earlier post

An $80 billion loss so far. That was only for the first half of the year!

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grue lemmy.world grue@lemmy.world
Joined: 2023-06-13
#86 · Quote Reply

In reply to an earlier post

Because the hyperscaler cartel is dumping cloud AI below cost, while simultaneously buying up essentially all the RAM, in order to deliberately and artificially destroy the local AI market.

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midribbon_action lemmy.blahaj.zone midribbon_action@lemmy.blahaj.zone
Joined: 2024-03-04
#87 · Quote Reply

Yeah. That $80 billion loss was all for training I guess 🙄

It's not exactly $80 billion, $72 billion of that loss is accounting for the rising valuation giving early investors larger paybacks, aka Google and Amazon. The same people who give Anthropic its compute, at a very very healthy discount, are the ones who benefit most from a high valuation.

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Feathercrown lemmy.world Feathercrown@lemmy.world
Joined: 2023-07-06
#88 · Quote Reply

I'm not talking about personal use.

Ok, why do you expect providers wouldn't use cheap open models if they can't sell the expensive ones?

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brucethemoose lemmy.world brucethemoose@lemmy.world
Joined: 2024-03-22
#89 · (edited) Quote Reply

In reply to an earlier post

That’s unfortunate. But less unfortunate than it could be.

The problem with pure vibecoding is that it can get really flashy results up front, just enough to impress and get green lights. But it’s completely unsustainable outside the simplest projects. At some point, vibecoded stuff gets issues, or one realizes certain features actually aren’t working, and no one can fix them.

In other words, it’s great that QA is already catching the issues. Because they could have quite possibly vibecoded something functional, passed through QA, and ended your separate effort, only for it to collapse later.

Note that I am strictly talking vibecoding, though. I know it’s not a popular opinion in this sub, but more mundane LLM “chore automation” is far more practical.

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MarieMarion literature.cafe MarieMarion@literature.cafe
Joined: 2025-06-05
#90 · Quote Reply

In case you weren't being sarcastic: Yes, that's a direct quote from the Paedophile traitor, the Fuhrer in Orange, shitlord of Hamberder. He claimed that the only reason america had COVID cases to report was because we were testing for them, stating directly that testing was bad for publicity.

Not sarcastic: aghast. It's so hard to know reality from the Onion.

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takeda lemmy.dbzer0.com takeda@lemmy.dbzer0.com
Joined: 2025-06-04
#91 · Quote Reply

In case you weren't being sarcastic: Yes, that's a direct quote from the Paedophile traitor, the Fuhrer in Orange, shitlord of Hamberder. He claimed that the only reason america had COVID cases to report was because we were testing for them, stating directly that testing was bad for publicity.

Covid kind of exposed how he operates.

His problem was that the virus did not pay attention to the media or care about politics.

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takeda lemmy.dbzer0.com takeda@lemmy.dbzer0.com
Joined: 2025-06-04
#92 · Quote Reply

In reply to an earlier post

That addiction made me wonder. Is it possible that AI was secretly used for disinformation on social media? I see some similarities.

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eestileib sh.itjust.works eestileib@sh.itjust.works
Joined: 2023-07-01
#93 · Quote Reply

I've never known QA evaluations to be design-based, only results-based. They would test each of the cases and reject the code if it failed any of them, but they wouldn't check for or reject the code just because it was handling them in stupid, non-generalized ways. Checking for bad design is more of a team lead code reviewer thing (if it happens at all).

Way back in the oughties I worked on a consumer electronics project where our QA guy actually used the product, would come to design reviews, and filed bugs about the UI design confusing the user.

It was awesome, so of course that job got eliminated as soon as possible.

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shalafi lemmy.world shalafi@lemmy.world
Joined: 2023-07-22
#94 · Quote Reply

Covid kind of exposed how he operates. His problem was that the virus did not pay attention to the media or care about politics.

Moron downplayed it because he thought it would hurt his reelection chances. If he had leaned into COVID and mad a huge public commitment to fight it he would have sailed right back into office.

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grue lemmy.world grue@lemmy.world
Joined: 2023-06-13
#95 · Quote Reply

Way back in the oughties I worked on a consumer electronics project where our QA guy actually used the product, would come to design reviews, and filed bugs about the UI design confusing the user. It was awesome, so of course that job got eliminated as soon as possible.

I would still call the user-facing look and feel of the UI more of a "result" in the sense I'm using it, though. When I said "design" I was really talking about the internal implementation that someone not looking at the source code would never experience.

It doesn't necessarily hurt for QA people to have access to the source code, but they shouldn't need it to do their job.

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SorryQuick lemmy.ca SorryQuick@lemmy.ca
Joined: 2023-11-20
#96 · Quote Reply

Yeah. That $80 billion loss was all for training I guess 🙄

Well that and the fact that they have a company to run and people to pay. Do you seriously believe inference is not profitable, despite evidence to the contrary being everywhere you look?

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jj4211 lemmy.world jj4211@lemmy.world
Joined: 2023-06-16
#97 · Quote Reply

Remarkably well said. I don't have much of substance to add, but it is funny to me that: To get things vaguely working, you need to be relentless in providing a super comprehensive set of requirements and criteria that are impeccable at fully capturing what is needed and could reasonably go wrong. is basically describing what programming already was.

Lot of similarities, but add the "have to worry that code will be written toward an end that was not asked for as a side effect". Not just what side effects the code might have, but unrelated code might also do.

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