#generativeautocomplete — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #generativeautocomplete, aggregated by home.social.
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The bill is starting to come due for businesses that adopted GenAI/LLMs.
Suddenly, they're finding themselves with an unpredictable bill for tokens that can double or triple from one month to the next. They're completely at the mercy of the US dollar exchange rate.
The reductions in headcount haven't materialised.
The sentient AGIs haven't materialised.
And this is all with the LLM platforms all running at a massive loss, cross a subsidised by profitable tech businesses and VC funding.
"American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
"Every frontier model an Australian business can buy is built offshore, priced in US dollars and sold on terms the supplier sets. Local firms choose how much to use. Increasingly, they do not know from one month to the next what that use will cost.
...
"Sydney software company Dovetail now spends about $US30,000 ($43,000) a month on the coding tools Claude Code and Cursor, roughly six times its January bill. Its engineering headcount has not changed and no developers have been made redundant, chief executive and co-founder Benjamin Humphrey said."
https://www.smh.com.au/technology/silicon-valley-s-ai-spending-spree-comes-with-an-australian-invoice-20260727-p60iu0.html
#GenAI #Copilot #ChatGPT #generativeautocomplete #Gemini #Anthropic #Claude #OpenAI #ElonMusk #SpaceX -
The bill is starting to come due for businesses that adopted GenAI/LLMs.
Suddenly, they're finding themselves with an unpredictable bill for tokens that can double or triple from one month to the next. They're completely at the mercy of the US dollar exchange rate.
The reductions in headcount haven't materialised.
The sentient AGIs haven't materialised.
And this is all with the LLM platforms all running at a massive loss, cross a subsidised by profitable tech businesses and VC funding.
"American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
"Every frontier model an Australian business can buy is built offshore, priced in US dollars and sold on terms the supplier sets. Local firms choose how much to use. Increasingly, they do not know from one month to the next what that use will cost.
...
"Sydney software company Dovetail now spends about $US30,000 ($43,000) a month on the coding tools Claude Code and Cursor, roughly six times its January bill. Its engineering headcount has not changed and no developers have been made redundant, chief executive and co-founder Benjamin Humphrey said."
https://www.smh.com.au/technology/silicon-valley-s-ai-spending-spree-comes-with-an-australian-invoice-20260727-p60iu0.html
#GenAI #Copilot #ChatGPT #generativeautocomplete #Gemini #Anthropic #Claude #OpenAI #ElonMusk #SpaceX -
The bill is starting to come due for businesses that adopted GenAI/LLMs.
Suddenly, they're finding themselves with an unpredictable bill for tokens that can double or triple from one month to the next. They're completely at the mercy of the US dollar exchange rate.
The reductions in headcount haven't materialised.
The sentient AGIs haven't materialised.
And this is all with the LLM platforms all running at a massive loss, cross a subsidised by profitable tech businesses and VC funding.
"American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
"Every frontier model an Australian business can buy is built offshore, priced in US dollars and sold on terms the supplier sets. Local firms choose how much to use. Increasingly, they do not know from one month to the next what that use will cost.
...
"Sydney software company Dovetail now spends about $US30,000 ($43,000) a month on the coding tools Claude Code and Cursor, roughly six times its January bill. Its engineering headcount has not changed and no developers have been made redundant, chief executive and co-founder Benjamin Humphrey said."
https://www.smh.com.au/technology/silicon-valley-s-ai-spending-spree-comes-with-an-australian-invoice-20260727-p60iu0.html
#GenAI #Copilot #ChatGPT #generativeautocomplete #Gemini #Anthropic #Claude #OpenAI #ElonMusk #SpaceX -
The bill is starting to come due for businesses that adopted GenAI/LLMs.
Suddenly, they're finding themselves with an unpredictable bill for tokens that can double or triple from one month to the next. They're completely at the mercy of the US dollar exchange rate.
The reductions in headcount haven't materialised.
The sentient AGIs haven't materialised.
And this is all with the LLM platforms all running at a massive loss, cross a subsidised by profitable tech businesses and VC funding.
"American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
"Every frontier model an Australian business can buy is built offshore, priced in US dollars and sold on terms the supplier sets. Local firms choose how much to use. Increasingly, they do not know from one month to the next what that use will cost.
...
"Sydney software company Dovetail now spends about $US30,000 ($43,000) a month on the coding tools Claude Code and Cursor, roughly six times its January bill. Its engineering headcount has not changed and no developers have been made redundant, chief executive and co-founder Benjamin Humphrey said."
https://www.smh.com.au/technology/silicon-valley-s-ai-spending-spree-comes-with-an-australian-invoice-20260727-p60iu0.html
#GenAI #Copilot #ChatGPT #generativeautocomplete #Gemini #Anthropic #Claude #OpenAI #ElonMusk #SpaceX -
The bill is starting to come due for businesses that adopted GenAI/LLMs.
Suddenly, they're finding themselves with an unpredictable bill for tokens that can double or triple from one month to the next. They're completely at the mercy of the US dollar exchange rate.
The reductions in headcount haven't materialised.
The sentient AGIs haven't materialised.
And this is all with the LLM platforms all running at a massive loss, cross a subsidised by profitable tech businesses and VC funding.
"American technology giants are spending more on artificial intelligence infrastructure than their businesses generate in cash, and Australian companies are paying record sums to rent it at prices they cannot negotiate.
"Every frontier model an Australian business can buy is built offshore, priced in US dollars and sold on terms the supplier sets. Local firms choose how much to use. Increasingly, they do not know from one month to the next what that use will cost.
...
"Sydney software company Dovetail now spends about $US30,000 ($43,000) a month on the coding tools Claude Code and Cursor, roughly six times its January bill. Its engineering headcount has not changed and no developers have been made redundant, chief executive and co-founder Benjamin Humphrey said."
https://www.smh.com.au/technology/silicon-valley-s-ai-spending-spree-comes-with-an-australian-invoice-20260727-p60iu0.html
#GenAI #Copilot #ChatGPT #generativeautocomplete #Gemini #Anthropic #Claude #OpenAI #ElonMusk #SpaceX