imagine if we put this much into the power grid. Might have cheap electricity instead of centralized AI.

Fuck 'em.

Yep

“The fact that my business model doesn’t work is an unfair threat to my business model!”

i throw money why no works ? ? ?

“Won’t somebody think of the poor billionaires?!”

Seems to be good-news-friday

The current AI craze is a fraud that’s pushed by the “tech leaders”.
So hungry for money they build “empty” datacenters just to rent them out at a later date to an unknown customer…
Meanwhile the big names are giving each other their money and hardware in some perverse rotation scheme and call it profits.

They’re all so glued to it that they urgently need to prevent the bubble bursting lest they destroy all their riches.

I hope that this means thoughtful conversations about how much AI compute infrastructure is actually useful given realistic demand curves, where it should be located, what resources will it require, and, importantly, how the companies that benefit from it will directly share those benefits, as compared to hazy gestures towards “economic development”.

I fear that this is just the industry telling us they’re about to start lying even more than they have.

I mean, these tech CEOs went to college graduation ceremonies and said “None of you will be getting jobs, lol” and went on TV and said “AI will destroy humanity” and then ramped their data center expansion so rapidly that peoples electric bill went up by 300% and when the public hates them and their technology and votes accordingly they are “What happened? How can people be so short-sighted? Why is this so political?”

I dunno, fuckheads, maybe move fast and break things isn’t a popular strategy when applied to society.

Maybe this was simply too much, too fast, with insufficient demonstrable value.

But the NDAs, backroom deals, hoarding, shell games with debt, blatant illegal activity and disregard for environmental laws and just all the fucking shenanigans have to come to a head. Of course this was going to get hit with backlash!

If all these companies weren’t treating this as a selfish land grab maybe everyone wouldn’t hate them.

A trillion dollars for who, to achieve what? For the rich, to enrich themselves.

And once again, all tech leaders give a shit about his money. They’re willing to destroy the planet, eat up all the energy, pollute all the water, it doesn’t matter, as long as they can make their fucking money.

This shit wouldn’t have happened if we sent all the Web3 guys to the bottom of the ocean.