...using gigawatts of power that aren't available on the grid
post
profits that won't happen
I have yet to see speculation as to how the bubble survivors make a profit. At this point I think AI is being pushed to keep propping up the US economy.
That's a great question Shalafi! The answer is government mandated pillow talks to your AI companions. Would you like me to provide todays' topics in advance?
You're not alone in thinking that. The US economy is growing but all of that is allocated to 5 companies, and in any case the owners of that equity aren't a majority median income earners. We've essentially decoupled the economic health of the common person, who would actually spend on the bubble survivors, from the overall "strength" of the US economy.
An interesting discussion on that thought about halfway through this - https://www.ft.com/content/bd6545dc-41b7-42db-af77-b2f32a1c9ae1
If we have to play this bubble game, can we at least force them to build some renewable energy sources with their unlimited funds so when the bubble pops, we have some extra renewable energy available to the grid?
Pretty sure Trump banned woke energy
Wind and sun are for SISSIES, even if it's CHEAPER! Nuclear plants are not antifa-woke, but my pal A.Jones says it makes everyone GAY. Drill baby, drill!
pretty sure they dont have the funds to build a power plant that is renewable, or a nuclear plant. thats why the cost of water/electricity is passed onto customers of electric and water companies.
It won’t affect energy prices, because the nuclear power plants they’re building to power their data centers are going to be up and running any minute now.
Just keep the golden investment teet flowing until it’s dry.
The grift is so clear.
This actually explains a few things for me.
I never considered that RAM and GPUs could be traded as futures, but obviously they can...
This also reminds me of the trader at a trading company in London who had to take delivery of 28000 tonnes of coal due to forgetting to sell a future he owned.
He only found out as the receptionist asked him to come down and sign for it and he saw barges of coal coming down the river:
Like Ford stopping producing batteries for their own cars (byd says thanks) in order to convert the factory for datacenter-class batteries
I'm going to be that guy and point out that LLM's are not really "AI", that's just the corporate buzzword but "AI" is a loosely defined thing.
I think we should all get better at calling them LLM's publicly to take some of the magic woo-woo away.
"Big Data", "Neural Net", etc etc, they keep changing the buzzword for this crap for the past decade.
AI just resonates with the public because everyone has seen Terminator movies. Your dipshit CEO of Buttplugs Inc has no clue what an LLM, or neural net is. But he knows what AI is and he delusionally believes it's going make Buttplug inc. more profitable in the future.
It's effective marketing.
Yeah, for all the undeserved hype about AI that we and I'm sure plenty of C-suites know about, there is still the issue of fiduciary duty to their bosses (shareholders).
If you're a tech CEO that knows it's all crap, but the market conditions are such that going all-in on AI is going to triple your share price for no good reason, you'll probably be in a "get that money or we'll find somebody who will" situation.
But that's also why executives get so much of their compensation in the form of stock. There's no need for shareholders to get off their asses to demand short term gains they can cash in on when the decision makers are one of them and playing the game game.
The term "AI" today is almost like the term "computer" decades ago.
As in, "this new vehicle is more efficient than ever thanks to a new aerodynamic shape created not on the drawing board, but on the computer."
i saw my first hover board in back to the future, the pink one. now it’s that overpriced exploding segway.
at least the name segway was almost creative
if hover boards were legit real you'd have so many injuries the company would be sued into insolvency.
already starting to see this with ebikes... massive increases in head trauma numbers since they became popular. mostly from old people buying a $5000 e bike and then riding it w/o a helmet at 15-20mph.
Remember when the segway was a mysterious to-be-revealed "it" that we were going to design our cities around in the future?
I 'member.
Right, but in the same spirit, we're not just talking about LLMs. If we're being accurate, the common interface we're used to with ChatGPT or Gemini, they are a system of different models including LLMs and other models for images, or sound.
If we're talking AI in movies and music, besides LLMs for writing, we're mainly concerned with diffusion models
If we're talking AI for wearables... That's usually more on the sensor/classification side of ML, so it's not even generative.
yes, I'll call them AI when they are sentient D:
I was spoiled by Iain Banks's Culture <3
Iain M. Banks, don't ya know!?!?
I'm still saving a culture book or two to enjoy, but the entire setting has been amazing.
Probably no other world in the multiverse has warehouses for things which only exist in potentia, but the pork futures warehouse in Ankh-Morpork is a product of the Patrician’s rules about baseless metaphors, the literal-mindedness of citizens who assume that everything must exist somewhere, and the general thinness of the fabric of reality around Ankh, which is so thin that it’s as thin as a very thin thing. The net result is that trading in pork futures—in pork that doesn’t exist yet—led to the building of the warehouse to store it in until it does.
Terry Pratchett, Thud!
That's so freaking funny. Pratchett was just so good.
If I recall correctly that's the same warehouse that later supercools a golem, making him very smart for a bit.
Sargent Detritus the troll.. he ends up making a cooling system in his helmet in later books
Pratchett was just so good.
Man left this plane of existence before the techbros enshittified it.
This is all just gambling with a bunch of cheaters. They can't use crypto schemes as much because people FINALLY figured out they were pump and dump scams .... so AI investment it is.
So they can replace all workers. and won’t be able to make profit because they layed off all of the workers. Why do we need a government if they are investing all our resources in phasing us out? If you don’t work in our system you die so why are we allowing this again?
Because idiots think that if we let the super rich become ultra rich then they will somehow in turn become regular rich.
Because people are stupid, the difference in intelligence between the stupidest and smartest people is increasing, and democracy puts the decision making process in the hands of the masses which are intrinsically stupid
It's a whole system designed for "intelligent" (read: manipulative, immoral, rich) people to take advantage of stupid people, and it works wonderfully in their favor.
And there's fuck all an average person can do about it besides attempt to deal with the stupid people and convince them to do more intelligent things.
I hate it here. I want to be surrounded by people capable of reason already...
If only capitalist democracy put the decision making power in the hands of the masses. We would have universal healthcare by now and like none of the wars of the past 30 years.
No, really it’s the capitalists who make decisions, and they’ve designed it so that the people who own capital can take advantage of the people who don’t own capital. It’s got very little to do with smart vs stupid, and very much to do with “has” vs “has not.”
This is exactly it. It’s also why education has been under attack since the 80’s. It’s also why we fund schools based on the property tax
yea, the fact that Trump won the elections kinda supports my argument
people act as they vote
I, too, have a fundamental hatred of the bell curve humanity finds itself on. I have better things I want to do than convince a bunch of dumb fucks to make better decisions. The psychopaths on the other hand delight in manipulating idiots. This is why I believe we should genetically study psychopathy and CRISPR that shit away.
The rich have it going both ways. They have convinced a subset of the lower classes to fight amongst and blame each other. Meanwhile they very shortdightedly are maximizing profits (not from the lower classes anymore because they have essentially bled us dry) but from other rich people who want to invest to maximize profits.
They have forgotten that the only way capitalism remains sustainable over time is if they continue to both provide products and services lower class individuals will spend money on, and if they continue to pay those lower class individuals money so they have money to spend. Right now they're busy grifting each other and our government is too stupid to look to the future, realize that the bubble has to pop sometime, and realize what that will mean for the market, the tax system, the tax payers, and the populace at large.
This is class warfare for profits over literally everything and it is going to crash the economy probably sooner rather than later.
There are two kinds of parasites:
- A smart parasite keeps its host alive. It limits the substance it leeches, prioritizing long term survival over short term satisfaction.
- A dumb parasite takes as much as it can. Even if it causes the host to die, and the parasite to die with it.
Of course - "smart" and "dumb" are used liberally here. The organism itself is not intelligent, and neither is the process who designed it. At least - that's how it works in nature.
So basically neoliberals are smart parasites and republicans are dumb parasites
It's more of an informed host and an uninformed host.
The parasites are the corps. Some of us know that we're the product and we do what we can to mitigate that. But there's not a real feasible way to opt out of society. People gotta eat. People gotta sleep. They gotta provide for their families. They gotta have shelter. They gotta figure out ways not to freeze to death. Ways to stay healthy.
We have the power to cut out the corporations and oligarchs from the means of production. We really don’t need them. They are parasites. We simply (the majority) stop allowing worker exploitation and the ownership class to exist. They need the workers to enforce their social contract but the social contract has been broken for a long time. We simply stop recognizing their corrupt laws, property rights and money and start trading. They don’t have the manpower to stop us from continuing to produce food and necessities en masse while ignoring their broken system of extravagance, gambling and exploitation.
They win if the bubble pops too because then they just buy everything for pennies on the dollar
and then try to salvage thier industry, by hiring"cheaply" SENIOR tech/engineers,,,etc and maybe outsource to AI=ALWAYS indians and still face bankruptcy.
So what will it do to memory prices if the AI bubble pops right now?
Prices stay elevated but stop increasing, because, as we've learned from the "supply chain issues" of covid, prices must never come down even if the supposed cause of price increases is resolved.
Three ideas, one, memory chip makers pivot back to their usual lanes (maybe we get a glut and prices drop). Two, memory chip makers sink and bought by new memory chip makers (maybe more competition). Three, memory chip makers implode and machines are lost (production loss and prices shoot up). Any of these options will probably result in prices remaining the same sadly.


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