• IBM's CEO walked through some napkin math on data centers— and said that there's "no way" to turn a profit at current costs.
  • "$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest," Arvind Krishna told "Decoder."
  • Krishna was skeptical of that current tech would reach AGI, putting the likelihood between 0-1%.
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[–] 2 points 11 months ago

I want to see private equity do a Toys'R'Us on em; buy em and leverage them to death.

A fitting end.

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