Before you share the Netflix documentary “AI Gone Rogue” with family or friends to help them understand why the AI industry freaked out so badly that leaders called for a slowdown, take note: Clem Delangue, co-founder and CEO of the AI platform Hugging Face, says the film isn’t accurate. He appears in it because it’s supposed to be about the famed attack on his company by rogue OpenAI agents.
“Super disappointing, as they went for maximum anthropomorphism of the technology and full doomer mode,” Delangue wrote in a post on X. “I spent more than two hours with them trying to correct all their mistakes and ground this in reality, explaining that agents are technological systems, not aliens. But it looks like the drive to scare people for maximum views was too strong.”
Nvidia
Follow the money. Or investors in this case, as there’s no real money involved but lots of speculation of payoffs in the future.
There’s money on the Nvidia side, only because they make the hardware everyone is buying. They have an actual product. They’re then investing that money into propping up the companies that will fail, to then get more incoming revenue as those companies again increase their debt. That investment isn’t expected to actually increase in value in the end, at least not in the traditional sense. It’s intended as a short term instrument to make the bubble as large as possible now for profitability.
They’re not taking out massive loans to buy hardware and build datacenters with no revenue falling into debt so deep it reaches the center of the Earth. They’re not the ones that will be holding the bag at the end when it all comes crashing down. Their revenue will tank alongside the collapse of course, but they’re not in the negatives. They’re net positive about $350 Billion. The only other companies with them are AMD and the RAM manufacturers, again all hardware manufacturers with real products that can’t be easily replicated or replaced quickly and will still be necessary after the collapse even when production slows again.
One of only 3 companies related to AI that is actually making money. Because they make the hardware, not vaporware.