Unfortunately, I think the feds will throw money at these projects and accelerate dollar devaluation--to build chatbot datacenters.
Unlike the dotcom era, when investors threw money at pets.com, WorldCom and Global Crossing, lots of resources are needed to build out the infrastructure for AI data centers. In the dot com era, stonks could soar on a speculative future business where a company just sucked money up with big, but cheap in resource terms stuff, like selling pet toys online. To do that business, you just needed a few warehouses, a few servers and internet service, and mainly a bunch of employees to run it.
The AI model is society needs to build a bunch of expensive, resource intensive stuff to run a silicon valley bro corporation, mainly to feed some billionaire trash more money. It's utterly retarded. Multiple new power plants are needed just to run some dumb AI models, basically to replace some workers with a data center that's sucking up resources. It's very dumb.
No comments:
Post a Comment