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"We buy this amount of chips at price xx, you guarantee us utilization in part by investing in an AI company we will create"
> Co-Chief Executive In other words he wants to seagull manage the place.
And for his sin of stealing fire from the gods he’ll be chained to a rock and an eagle will eat his liver every day for the rest of eternity.
- - -
Human Liver, 14.4 cm
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Earlier quoted context omitted.
Yeah since there isn't any actual real spend going into AI...
I don't think many of us are questioning the real spend going into AI - it's the return on that spend that we're wondering about.
Personally I let go a developer I was using because I only had them around for front end work and now I'm much more productive just doing that with Claude Code directly
So the returns for the average business are largely due to less employee and contractors spending
Wouldn't be surprised if the funding is based on a circular investment of some AI chipset vendor to consume the compute power of the chipsets AWS is buying. "We buy this amount of chips at price xx, you guarantee us utilization in part by investing in an AI company we will create"
Despite the critiques that is something worthwhile I can understand, maybe there is a time in your life you want to be involved in something big, but not 100% like you were at your prime you have the opportunity to do it, so why not. You remain engaged. I prefer seeing that than doing nothing of something useless.
And for his sin of stealing fire from the gods he’ll be chained to a rock and an eagle will eat his liver every day for the rest of eternity.
For the humor, mocked up an Amazon page reflecting this scenario: - - - Human Liver, 14.4 cm Visit Jeff Bezos' Store 3 Stars (1) $14,000,000 Coupon: [ ] Save an extra 5% on your first Subscribe and Save order. In Stock Quantity: 1 ( Subscribe ) Save 5% now and up to 15% on future deliveries SNAP EBT available Delivery every: 1 day (Most common)
Recap for those before the paywall: New AI co, Bezos as co-CEO (alongside Vik Bajaj, ex-Google X) $6.2b in funding Nearly 100 employees AI + real world scientific experiments, for the engineering and manufacturing of computers, automobiles and spacecraft
I thought startup was supposed to mean "we're still starting up our business", but it sounds like the meaning these days is closer to "we are setting piles of cash on fire".
So we now have one AI startup run by Jeff Bezos and another AI startup run by Beff Jezos. What a weird timeline.
Amazon itself has become so corrupted and disfunctional that all of their internal AI efforts amount to just burning billions for bottom-of-the-barrel results[0]. I'm not surprised that 5 person startups are building better AI products than all of Amazon, or that Bezos decided to start an AI company outside of Amazon. [0] https://labs.amazon.science/