Just the first of many, in all likelihood.
NONE of these are profitable. And there is no path to profitability, not with content that can't be copyrighted.
This like every other tech balloon that's gone up in the past five years; they want to bloat these start-ups with big, impressive adoption numbers, offload them on Meta or Alphabet, then cash out in the billions and retire at 35.
I saw some techbros complain that the law proposal regarding genAI use is "bad" because it requires them to list every single copyrighted material they used for the model and it's impossible to do so
And they're so close to getting it
saw an argument against night shade/glaze: “um it’s going to mess stuff up for people but mostly open source and hobbyists” yes dude, that’s the point. Companies suck but fuck those guys as well
These tech balloons, from the original dot-com blowout up to and including electric airplanes, exist to drain the pockets of gullible venture capitalists who suck at math and can't tell a crackpot from a visionary.
In retrospect, I should have included that the venture capitalists also suck at business, and "business" I mean the real thing, not sitting in a glass conference room doing Jon Hamm impersonations.
