From this article: https://futurism.com/future-society/ai-financial-bubble-openai-billions-failure
They wrote: "a sign that demand for AI is much lower than previously thought"
I don't agree with "AI demand is significantly lower than expected".
It's missing a more nuanced reality, which is that AI is becoming significantly cheaper faster than anyone expected. To be clear, AI demand is growing, and its capabilities are becoming more powerful. The money though? Yea, significantly less money to be made when the costs to run the AI is 100th the price they expected it to be in a couple years.
New data center construction should end immediately. EXTREME waste.
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