Will data centers crash the economy?
This time let's think about a financial crisis before it happens.
Maybe not but private credit crashing definitely will.
If the economy is rich people's yachts, nobody who matters cares. After reading the article, that's what it sounded like, according to the author.
Maybe one of these days we can let the big corporations go bankrupt after they fuck it all up. Please? Or better yet, make their CEOs financially liable. Why not both?
I'd love to see the climate-denial complex dismantled for the world poisoning frauds they are. With renewables growing at fantastic paces, any new exploitation should be halted.
but we won't, even though we're already punching through every 'top estimate' model year after year, as the glaciers evaporate - we're in for a bad, bad future. because it profits a few.
There is a key difference to early railroad and telecom investments. With both it was very clear from the beginning how those technologies were immediately useful for the masses. AI Investment is fueled by a lot of hype and not much actual immediate usefulness to show for. It is perpetually "almost useful". Proponents try to force AI usage in every way they can, to a point where it is more of a threat than an offer: "you WILL use AI and you WILL like it" - with total disregard of actual usefulness or fitness for purpose. In my opinion it is even worse than the cryptocoin hype, which followed a similar pattern (albeit on a much smaller scale) but at least had some real usage incentives (Greed, FOMO, black market sales etc.) instead of trying to force people to use it.
It seems to be a general trend among the biggest players like Microsoft, Meta, Google etc. to simply ignore their users interests and then go and try to force selling them useless shit they don't want. I'm still wondering if they found a loophole in capitalism or if these business models are bound to crash big time in the near future.
‘While the Wright brothers’ 59 second flight was certainly an entertaining novelty, it remains perpetually almost useful.’
AI has already proven to be very useful in many fields, including superior cancer detection. You’re talking out of your ass.
Yes, because of how much AI eats, it may be that they can give it priority, yes, a little more expensive, but it is an ideal slave, so... I don’t know what will happen, but it may be a boring sight and even sad, and they will continue to lie to us that everything will be fine, you know, at the level behind you, everything explodes, and you tell people with a smile that everything will be fine in another life.
I don't know much about the subject, but this outcome seems irreversible. Well, the last stage of capitalism, baby!!!
Multiple studies have debunked the hungry AI bullshit. It’s just being pushed by Silicon Valley tech bros to advocate for laws that will restrict competition in AI.
They tell us such tales, but do not mention that our resources are not unlimited and such technologies will have to be used only for the most important purposes or else waste resources on all sorts of crap, as they do now... Truly great plans these geniuses are seriously planning to introduce digital currency and do you know how they will try to make people want this currency themselves? Hunger and poverty so as not to leave people a chance to say no and only one yes, oh, and they will also destroy art so that even fewer people can say no to the great concentration camp. "I am your humble slave just give me money!!!"
In any case, I have no idea who is right and who is lying. You know, liars are so convincing that recognizing a lie is a whole art or a huge work that requires time that is not always available. Correct me if I'm wrong about anything if you want.
id be surprised if not. capitalism crashes itself periodically.