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Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish ·
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1 day ago

Techcrunch reports that AI coding tools have "very negative" gross margins. In other words, they are losing money on every user.

techcrunch.com

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Techcrunch reports that AI coding tools have "very negative" gross margins. In other words, they are losing money on every user.

techcrunch.com

Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish ·
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1 day ago
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Exclusive: The high costs and thin margins threatening AI coding startups
techcrunch.com
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Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials.
  • vector42@programming.dev
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    1 day ago

    Came here to see if someone had mentioned Ed Zitron’s blog. His last two pieces on the AI bubble are fantastic reads.

    • mojofrododojo@lemmy.world
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      24 hours ago

      pretty sure someone here linked it, it’s a long read and worth it.

      • Corhen@lemmy.world
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        23 hours ago

        Any chance you have a link,?

        • mojofrododojo@lemmy.world
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          23 hours ago

          https://www.wheresyoured.at/ai-is-a-money-trap/

          • Corhen@lemmy.world
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            12 hours ago

            Thanks buddy!

          • This is fine🔥🐶☕🔥@lemmy.world
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            12 hours ago

            Damn. We’re looking at another recession when this bubble bursts, aren’t we?

            Just great.

            • mojofrododojo@lemmy.world
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              7 hours ago

              recessions work themselves out. I’m worried it’ll pitch us into a worldwide depression coupled with trump’s tarriff bullshit.

              it’s the 1920s all over again. smoot hawley fascists and clouds of war

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