They have, but they are not in charge. Apple’s goal is to make money; everything else comes as an afterthought.
They have, but they are not in charge. Apple’s goal is to make money; everything else comes as an afterthought.
Well, it’s a bit surprising that Tesla is the worst-performing stock so far. I mean, the Boeing scandal was a disaster image-wise, and others are struggling real hard. But even with all that, Tesla is performing worse than the airplane manufacturer, who can’t build secure and quality-controlled aircraft. The tide is turning for Tesla. Competition is getting stronger and starting to roll out strategies like the BMW 50% 2025 Plan, which means Tesla as an electric automobile manufacturer has dire times ahead if they don’t start fixing things.
Tesla long stopped delivering on promises they, or rather Musk, made. They need something other than words and visions to sell, and fast, otherwise, the stock is going to normalize more and more, to a degree a mid-sized automobile manufacturer would be, as the shareholders slowly start losing faith and jumping ship, as long as the stock is overvalued and there are buyers.
It is a lot more complicated than that - since G/O media was bought out in 2019, it goes downhill. The new owner pretty much goes with the strategy of prioritizing advertisers and shareholders over workers.
So, they maximize revenue streams upwards to GHP, which is hard, but an easy way to do it is to minimize fixed costs like salaried workers and their benefits. If the revenue goes up or is stable but workers get laid off and salaries get squashed, and part-time or contract workers get hired to do the same job for even less, workers are not going to like this, especially workers who are organized in a union.
Looking at one revenue number as the sole indicator of “healthiness” is exactly the mistake that ends up with worker protests and dwindling quality.
In other words, the money for fair pay for all would be around, but the owners would rather have an even bigger piece of the pie.
History and context behind the situation:
G/O Media’s leadership, introduced after the purchase from Univision, has been subject to frequent criticism by employees.[9] Complaints include closer advertiser relationships, a lack of diversity, and suppression of reporting about the company itself.[9] In October 2019 Deadspin’s editor-in-chief, Barry Petchesky, was fired for refusing to adhere to a directive that the site “stick to sports.”[15] Soon after, the entirety of Deadspin’s staff resigned in protest, leaving the site inactive.[16] In January 2020 the GMG Union, which represents the staff of six G/O Media sites, announced a vote of no confidence in CEO Jim Spanfeller, citing, among other issues, a lack of willingness to negotiate for “functional editorial independence protections.”[17]
On February 4, 2021, the Writers Guild of America East filed a complaint with the National Labor Relations Board alleging that G/O Media told employees it had fired Alex Cranz for labor activism.[18]
In mid-October 2021, G/O Media removed all images from stories published before 2019 from the 11 websites it owns, including Gizmodo, Jalopnik, Deadspin, The A.V. Club, The Onion, and Jezebel.[19]
In November 2021, Gawker reported on substantial staff resignations at Jezebel over the course of 2021, comprising around 75% of staff. The resignations were reportedly related to a “hostile work environment” created by G/O’s management and the new deputy editorial director Lea Goldman.[20] In January 2022, another article detailed similar staff decline at The Root, with 15 out of 16 full-time staff having left throughout 2021 since Vanessa De Luca started as editor-in-chief.[21]
In January 2022, seven senior staff members at The A.V. Club left the site after management required them to move from Chicago to Los Angeles. According to the Chicago Tribune, the departing staffers cited a lack of salary increase to account for increased cost of living due to the transfer.[22]
On March 1, 2022, GMG Union members went on strike after failing to reach an agreement on a new contract.[23] The strike was resolved on March 6 with a new contract that included some of the members’ terms.[24]
On June 29, 2023, G/O Media implemented a “modest test” of artificial intelligence-generated content on its websites, in a move similar to BuzzFeed and CNET. The move sparked backlash from GMG Union members, citing AI’s track record of false statements and plagiarism from its training data.[25] The first AI generated articles on G/O Media sites appeared on July 5 and included a “chronological list” of Star Wars movies and television shows on Gizmodo’s io9 section that wasn’t in chronological order, omitted Andor and The Book of Boba Fett and stated that the events of the television series Star Wars: The Clone Wars came after those of The Rise of Skywalker; a list of the “best summer blockbusters of 2003” on The A.V. Club; and a list of “the most valuable professional sports franchises” on Deadspin.[26][27]
Again, none of the people at this talk have anything to do with selling a product or pushing an agenda or whatever you think. There is no press, there is no marketing, there is no product - it was basically a meetup of private equity firms that discussed the implementation and impact of purpose-trained AI in diverse fields, which affects the business structure of the big single-family office behemoths, like an industry summit for the private equity sector regarding the future of AI and how some plan to implement it (mainly big non-public SFOs).
Sometimes people just meet to discuss strategy; no one at these talks is interested in selling you anything or buying anything - they are essentially top management and/or members of large single-family offices and other private equity firms. They are not interested in selling or marketing something to the public; they are not public companies.
It’s weird how you guys react; not everything is a conspiracy or a marketing thing. It’s pretty normal in private equity to have these closed talks about global phenomena and how to deal with it.
These talks are more to keep the industry informed. I get that you do not like it when essentially the big SFOs have a meeting where they discuss their future plans on a certain topic, but it’s pretty normal that the elite will arrange themselves to coordinate some investments. It’s essentially just the offices of the big billionaire families coming together to put heads together to discuss a topic that might influence their business structure. But, in no way is it a marketing strategy; it would, on the contrary, be negatively viewed in the public eye that big finance is already coordinating to implement AI into their strategy.
But feelings don’t change facts. My point is if the actual non public big players are looking at AI in a serious matter, then so should you.
Haha, lol, whats happening why do you hate me, just sharing an experience, an opinion?
I have already said too much - just let me tell you if you think LLMs are the pinnacle of AI, you are very mistaken, and depending on your position in the market, you need to take AI into account. You can only dismiss AI if you have a position/job with no real responsibility.
So weird how you guys think everything is to sell you something or a conspiracy - this was a closed talk to discuss how the leaders in certain industries will adapt to the coming changes. They give zero cares about the B2C market, aka you as an individual.
Again, none of the people at this talk have anything to do with selling a product or pushing an agenda or whatever you think. There is no press, there is no marketing - it was basically a meetup of private equity firms that discussed the implementation and impact of purpose-trained AI in diverse fields, which affects the business structure of the big single-family office behemoths.
Hi, I don’t want to say too much, but after being invited to some closed AI talks by one of the biggest chip machine manufacturers (if you know the name, you know they don’t mess around), I can tell you AI is, in certain regards, a very powerful tool that will shape some, if not all, industries by proxy. They described it as the “internet” in the way that it will take influence on everybody’s life sooner or later, and you can either keep your finger on the pulse or get left behind. But they distinguished between the “AI” that’s floating around in the public sector vs. actual purpose-trained AI that’s not meant for public usage. Sidenote: They are also convinced the average user of a LLM is using it the “wrong” way. LLMs are only a starting point.
Also, it’s concerning; I’m pretty sure the big boys have already taken over the AI market, so I do not trust that it will be to the benefit of all of us and not only for a select group (of shareholders) that will reap the benefits.
Thanks. Yes, you’re right. I think this is the missing part: https://www.reuters.com/world/middle-east/us-says-no-way-solve-israel-security-gaza-war-without-palestinian-state-2024-01-18/
These are the quotes this article is based on according to another news outlet, and it is unsure if the translation (especially the wording for the proclaimed statement in the title) is up for debate since there are multiple translations.
(“from the river to the sea,” according to an English translation on the Israeli news channel i24NEWS.
According to other translations, Netanyahu said that Israel “must have security control over the entire territory west of the Jordan River,”)
"Every area that we evacuate we receive terrible terror against us. It happened in South Lebanon, in Gaza, and also in Judea and Samaria [the West Bank] which we did it.”
“And therefore I clarify that in any other arrangement, in the future, the state of Israel has to control the entire area from the river to the sea.”
"This truth I say to our American friends,” Netanyahu said Thursday. “And I also stopped the attempt to impose on us a reality that will jeopardize us. A prime minister in Israel has to be able to say no, even to the best of friends. To say no when you need to and to say yes when you can.”
Does anybody know what “proposal” the USA made that he’s referencing?
I’m not so sure – YouTube is much larger than you might think. It’s not the video platform you grew up with anymore. No one in this world can match the backlog and content density/diversity of YouTube, not even all streaming services combined. People complaining that YouTube is dying because a few YouTubers “retire” from their main gig or that it’s not the same anymore don’t understand how YouTube works. They might not comprehend that the time of their “bubble” has come to an end. When this happens, there are already five new bubbles/niches that are even bigger, and you might not have heard of them, but they are more successful than their “predecessor.” The old bubble is still there to consume in the backlog. Someday in the future, AI will have a field day with the data accumulated via YouTube.
It is transforming, for sure, but I don’t think it will destroy itself completely. In a sense, you can say it will destroy whatever view you had of YouTube as a platform because it is not what it once was.
To my knowledge, YouTube will hit the billion-user milestone this year (Netflix currently at ~250 million paid users). If we look at other data trends from streaming services, it suggests that YouTube will grow more over the coming years. I don’t know how anyone can match YouTube as a whole. In certain niches, sure, but as a whole, it would be like fighting windmills. There’s a reason no one tries to tackle YouTube as a platform and only goes for certain niches.
I mean, if I were an investor looking at this, I would also get excited about making this change - much less risk, less cost, less customer support, etc., all for basically the same output in revenue. In other words, if I cut the small business (6% of value but over 100k accounts to handle) out of the model, I can make more money because the cost reduction is higher than the loss of revenue. And in the long run, when “big game customers” jump ship, I just downsize some more. I also don’t need to invest but can be sure it will generate a certain amount of revenue, as long as I do not squeeze the relevant customer groups too hard. This strategy is very feasible and relatively risk-free. I am not a fan of it, but I think a lot of software companies will go this way after they establish themselves in a market.
Well, I hope you are right. xd
It just seems to me like a monopolization of the market by the big tech corps, which won’t be beneficial to the majority, but at least a few billionaires will get richer.
I was recently invited to the Google research center where they presented their new AI assistant features, which should be coming this year. It was weird; it was at the same time more capable than I thought and more restrictive than one would assume. It’s like not even Google knows exactly what to do with it, or what it should be able to do, or what exactly it is capable of. I also once got to try an “uncensored” / “unrestricted” information model, which was actually a bit scary but far more useful than any of the current “restricted” chatbots. I’m sure AI will change things up, but how, when, and why I don’t know, and the more I find out, the more unsure I am about predictions, besides the one that big corps will try to monopolize the market.
Why do you care this much about online comments in such a niche community where only already opinionated people are?
Yeah, if I were a moderator and needed to go over 1000 comments in today’s climate, I would delete more than necessary just because you never know. They do not put as much thought into it as you think. It was most likely just like this:
A mod goes over comments that got reported, reads the first line of the comment, sees it has direct insulting language (the “fuck them” line), and deletes it.
No political intent or conspiracy, just a mod being a mod. Could be that there is some bias, but then you can do nothing anyway in that case; it’s just a small echo chamber then.
Hakuna Matata, my friend.
The funny thing is, copyright doesn’t even matter; at least half of the world’s market couldn’t care less about copyright, especially if it’s from the “west.” They certainly won’t suddenly start respecting copyright law. They will use and develop AI without the restriction of copyright. All this talk about copyright and the law, and all the copyright suits against AI and tech firms, will be fruitless since we either forget copyright like we used to know it, or we get left behind in development because we need to respect the copyright of everything and make contracts with every big outlet, etc. Big tech knows that, so they walk this gray zone walk to still train AI on copyrighted material but somehow proclaim they are not copyright-dependent.
I’m not saying this is a good development, just that I think we need to reassess how we treat copyright on a fundamental level under the current development structure of AI.
We need to slow down the development of AI and hinder monopolization of the market. My guess is it’s too late, but we can still hope that maybe this time it will be different.
What issue? That unpaid interns or those one step below are not agreeing with long-term political decisions that were practically made before they were born and only understand the surface of the subject?
Yeah, thanks. I think I’ll just ignore those as well if I were in a position of power, and you would too.
What is this “moral responsibility,” and why is it just now relevant? There were, are, and will be much bigger and worse issues, like climate change, but no one is talking about moral responsibility and blasting the ones who are in charge like it is happening right now with the Israel/Palestine crisis.
Maybe it is just the age of massive misinformation and propaganda campaigns from all sides (some are engaging much more than others) with which I have a problem. Because, in the end, I applaud people who stand up for what they think is right, like those interns. It just comes across as too selective to be a principle. I mean, the Israel/Palestine issue has been ongoing for what? 50 years? It’s not even the first hot phase or siege of Gaza. And then you start working in politics and then you became aware of the politics and stopped working there? What?
In my opinion, you maybe should first deliver something before you go giving empty promises and sign a contract. But hey, that’s Musk’s motto: overpromise, underdeliver.
Old fart companies, lol. Oh, you mean the old farts who are more or less on budget and time and delivered what they promised?
If SpaceX, i.e., Musk’s rhetoric, is not one of the reasons Artemis (3) mission will get delayed significantly, I’m gonna eat a shoe. As someone who has done budget calculations for global projects, I can tell you the biggest factor in calculating the cost is time. Since the timeline is off, the money needs to be off as well, as these two are connected.
No need to say we are way off this timeline, and one of the reasons is the absolutely bullshit timeline Musk seems to think is reasonable but is actually unobtainable for the company SpaceX. I don’t know why he does this every time; eventually, he has to backpedal anyway.
Some not very deep examples:
Etc., etc.
Musk’s track record is not great, and at this point, we definitely should not give him the benefit of the doubt.
This happens rarely, and if it happens, the chances of it being someone we know from the media are almost 0; that would be all under the table. The “best” are the ones you don’t hear about because they are too busy working on actual stuff, same in most science fields.
Most of them are recruited in “normal” ways; there is much more talent around these days. No need to engage with criminals and put them on actual sensitive stuff. Also, they get paid more than you might think; the people leading these projects are not stupid and make a simple mistake like underpaying talent they still need.
Please, you are so right - but please do not engage further with this kind of posts in the future, just report them - the OP of this post is 1 day old, most likely a bot account - Lemmy needs better moderation, and that fast, it’s getting worse and worse, day by day.
Thank you for the information sir!
Holy yes, that’s a whole lot to unpack here. I understand the situation a bit better now. What a shitty choice for an election xd
On the plus side, I understand the Argentinean memes now that pop up then and there—their game is on point. (South American/Latin American meme culture, in general, is on top of things and much more represented among all age groups.) Kudos to them, still keeping humor alive despite the situation.
RIP Argentina. I don’t know the situation that led to this, but man, that sounds real, real bad for the average Argentine people.
I never argued that I was in IT/Tech; I deal with investments and PE. I have nothing to do with IT or tech. My point is we, in the PE/FO sector, are going to invest in AI businesses in 24/25, not only in the “B2C market” but mainly in the B2B market and for internal applications. Whether you believe it or not, it’s gonna happen anyway.