OpenAI is hemorrhaging cash. It could lose about $5 billion this year and may have to raise more funding. [The Information, paywalled; Data Center Dynamics] The Information report is based on OpenA…
Basically enshittification is the market finally having to pay for the too-good-to-be-true stuff that came out of the tech boom.
Like, Prime next day shipping was too good to be true. And because we ate that golden apple, now we have to deal with there being a hegemonic monopoly controlling the market for internet ordered stuff, and we don’t have alternatives, and we have to eat their shit.
Basically enshittification is the market finally having to pay for the too-good-to-be-true stuff that came out of the tech boom.
Like, Prime next day shipping was too good to be true. And because we ate that golden apple, now we have to deal with there being a hegemonic monopoly controlling the market for internet ordered stuff, and we don’t have alternatives, and we have to eat their shit.