this post was submitted on 02 Jun 2026
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Year over a year, those profits are plummeting.
AI companies, themselves, have never made a profit
Like AI, you’re hallucinating
Might as well say Internet Explorer has never turned a profit.
They're being incorporated into highly profitable software vendors and foisted on profitable businesses.
Meanwhile, the companies producing the models are rapidly enriching their owners and early investors. That looks like profit to me.
All Ponzi schemes look profitable until they run out of fresh rubes.