▲ 778 ▼ Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com) submitted 4 days ago by HaraldvonBlauzahn@feddit.org to c/technology@lemmy.world 256 comments fedilink hide all child comments
[–] Scrollone@lemmy.zip 15 points 3 days ago (14 children) I think we're getting close to a pop. permalink fedilink source parent hideshow 14 child comments replies: [+] ripcord@lemmy.world -13 points 3 days ago (13 children) People always say that, never happens permalink fedilink source parent hideshow 13 child comments replies: [–] ElChinchilla@lemmy.world 16 points 2 days ago (2 children) Enron never happened. Let's check on my Lehman Brothers position. permalink fedilink source parent hideshow 2 child comments replies: [–] No_Ones_Slick_Like_Gaston@lemmy.world 8 points 2 days ago (1 child) Dude my pets.com stock is hot💎 🙌💎 🙌 permalink fedilink source parent hideshow 1 child comment replies: [–] ICastFist@programming.dev 5 points 2 days ago Dude, I'm this close to trading my beenz for a million dollars!!! permalink fedilink source parent [–] InputZero@lemmy.world 4 points 2 days ago One of the many lessons to take from Enron's downfall. Downfalls like this always seem impossible until the downfall happens. Then it becomes obvious why the downfall was inevitable. permalink fedilink source parent [–] ssfckdt@lemmy.blahaj.zone 4 points 3 days ago* Steve Eisman has entered the chat permalink fedilink source parent [–] Jaysyn@lemmy.world 1 point 2 days ago Look at Rip van Winkle over here. permalink fedilink source parent [–] thermal_shock@lemmy.world 0 points 3 days ago (6 children) ?? permalink fedilink source parent hideshow 6 child comments replies: [–] ripcord@lemmy.world 2 points 2 days ago (5 children) I've been hearing that since LLMs started gaining popularity. Doesn't seem any closer today than, say, 2 years ago. But someone always makes this comment. I've also been expecting a general stock market crash for a decade+. Somehow still hasn't happened. permalink fedilink source parent hideshow 5 child comments replies: [–] percent@infosec.pub 13 points 2 days ago (3 children) Doesn't seem any closer today than, say, 2 years ago. Have you seen what small, open-weight models from Chinese labs are capable of doing on consumer-grade hardware? They're much more advanced than any flagship LLM running on VERY expensive hardware, 2 years ago. I have no idea how close we might (or might not) be to the bubble bursting, but surely it's closer than 2 years ago. permalink fedilink source parent hideshow 3 child comments replies: [–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent [–] Auli@lemmy.ca 2 points 2 days ago Because they don't need us. As long as they trade amongst themselves the price goes up. We can all die for all they care. permalink fedilink source parent
[+] ripcord@lemmy.world -13 points 3 days ago (13 children) People always say that, never happens permalink fedilink source parent hideshow 13 child comments replies: [–] ElChinchilla@lemmy.world 16 points 2 days ago (2 children) Enron never happened. Let's check on my Lehman Brothers position. permalink fedilink source parent hideshow 2 child comments replies: [–] No_Ones_Slick_Like_Gaston@lemmy.world 8 points 2 days ago (1 child) Dude my pets.com stock is hot💎 🙌💎 🙌 permalink fedilink source parent hideshow 1 child comment replies: [–] ICastFist@programming.dev 5 points 2 days ago Dude, I'm this close to trading my beenz for a million dollars!!! permalink fedilink source parent [–] InputZero@lemmy.world 4 points 2 days ago One of the many lessons to take from Enron's downfall. Downfalls like this always seem impossible until the downfall happens. Then it becomes obvious why the downfall was inevitable. permalink fedilink source parent [–] ssfckdt@lemmy.blahaj.zone 4 points 3 days ago* Steve Eisman has entered the chat permalink fedilink source parent [–] Jaysyn@lemmy.world 1 point 2 days ago Look at Rip van Winkle over here. permalink fedilink source parent [–] thermal_shock@lemmy.world 0 points 3 days ago (6 children) ?? permalink fedilink source parent hideshow 6 child comments replies: [–] ripcord@lemmy.world 2 points 2 days ago (5 children) I've been hearing that since LLMs started gaining popularity. Doesn't seem any closer today than, say, 2 years ago. But someone always makes this comment. I've also been expecting a general stock market crash for a decade+. Somehow still hasn't happened. permalink fedilink source parent hideshow 5 child comments replies: [–] percent@infosec.pub 13 points 2 days ago (3 children) Doesn't seem any closer today than, say, 2 years ago. Have you seen what small, open-weight models from Chinese labs are capable of doing on consumer-grade hardware? They're much more advanced than any flagship LLM running on VERY expensive hardware, 2 years ago. I have no idea how close we might (or might not) be to the bubble bursting, but surely it's closer than 2 years ago. permalink fedilink source parent hideshow 3 child comments replies: [–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent [–] Auli@lemmy.ca 2 points 2 days ago Because they don't need us. As long as they trade amongst themselves the price goes up. We can all die for all they care. permalink fedilink source parent
[–] ElChinchilla@lemmy.world 16 points 2 days ago (2 children) Enron never happened. Let's check on my Lehman Brothers position. permalink fedilink source parent hideshow 2 child comments replies: [–] No_Ones_Slick_Like_Gaston@lemmy.world 8 points 2 days ago (1 child) Dude my pets.com stock is hot💎 🙌💎 🙌 permalink fedilink source parent hideshow 1 child comment replies: [–] ICastFist@programming.dev 5 points 2 days ago Dude, I'm this close to trading my beenz for a million dollars!!! permalink fedilink source parent
[–] No_Ones_Slick_Like_Gaston@lemmy.world 8 points 2 days ago (1 child) Dude my pets.com stock is hot💎 🙌💎 🙌 permalink fedilink source parent hideshow 1 child comment replies: [–] ICastFist@programming.dev 5 points 2 days ago Dude, I'm this close to trading my beenz for a million dollars!!! permalink fedilink source parent
[–] ICastFist@programming.dev 5 points 2 days ago Dude, I'm this close to trading my beenz for a million dollars!!! permalink fedilink source parent
[–] InputZero@lemmy.world 4 points 2 days ago One of the many lessons to take from Enron's downfall. Downfalls like this always seem impossible until the downfall happens. Then it becomes obvious why the downfall was inevitable. permalink fedilink source parent
[–] ssfckdt@lemmy.blahaj.zone 4 points 3 days ago* Steve Eisman has entered the chat permalink fedilink source parent
[–] Jaysyn@lemmy.world 1 point 2 days ago Look at Rip van Winkle over here. permalink fedilink source parent
[–] thermal_shock@lemmy.world 0 points 3 days ago (6 children) ?? permalink fedilink source parent hideshow 6 child comments replies: [–] ripcord@lemmy.world 2 points 2 days ago (5 children) I've been hearing that since LLMs started gaining popularity. Doesn't seem any closer today than, say, 2 years ago. But someone always makes this comment. I've also been expecting a general stock market crash for a decade+. Somehow still hasn't happened. permalink fedilink source parent hideshow 5 child comments replies: [–] percent@infosec.pub 13 points 2 days ago (3 children) Doesn't seem any closer today than, say, 2 years ago. Have you seen what small, open-weight models from Chinese labs are capable of doing on consumer-grade hardware? They're much more advanced than any flagship LLM running on VERY expensive hardware, 2 years ago. I have no idea how close we might (or might not) be to the bubble bursting, but surely it's closer than 2 years ago. permalink fedilink source parent hideshow 3 child comments replies: [–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent [–] Auli@lemmy.ca 2 points 2 days ago Because they don't need us. As long as they trade amongst themselves the price goes up. We can all die for all they care. permalink fedilink source parent
[–] ripcord@lemmy.world 2 points 2 days ago (5 children) I've been hearing that since LLMs started gaining popularity. Doesn't seem any closer today than, say, 2 years ago. But someone always makes this comment. I've also been expecting a general stock market crash for a decade+. Somehow still hasn't happened. permalink fedilink source parent hideshow 5 child comments replies: [–] percent@infosec.pub 13 points 2 days ago (3 children) Doesn't seem any closer today than, say, 2 years ago. Have you seen what small, open-weight models from Chinese labs are capable of doing on consumer-grade hardware? They're much more advanced than any flagship LLM running on VERY expensive hardware, 2 years ago. I have no idea how close we might (or might not) be to the bubble bursting, but surely it's closer than 2 years ago. permalink fedilink source parent hideshow 3 child comments replies: [–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent [–] Auli@lemmy.ca 2 points 2 days ago Because they don't need us. As long as they trade amongst themselves the price goes up. We can all die for all they care. permalink fedilink source parent
[–] percent@infosec.pub 13 points 2 days ago (3 children) Doesn't seem any closer today than, say, 2 years ago. Have you seen what small, open-weight models from Chinese labs are capable of doing on consumer-grade hardware? They're much more advanced than any flagship LLM running on VERY expensive hardware, 2 years ago. I have no idea how close we might (or might not) be to the bubble bursting, but surely it's closer than 2 years ago. permalink fedilink source parent hideshow 3 child comments replies: [–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent
[–] jumping_redditor@sh.itjust.works 2 points 2 days ago (2 children) It's fairly clear that the big ai companies are trying to get some form of general artificial intelligence because that's basically a pot of infinite money, if they find it the rest of the economy is fucked and they skyrocket in value if they don't find it the rest of the economy is fucked from debit and they go belly up. permalink fedilink source parent hideshow 2 child comments replies: [–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent [–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent
[–] Tollana1234567@lemmy.today 5 points 2 days ago right now they are trying t get governments to buy into slop for AI surveillance purposes. permalink fedilink source parent
[–] Rcklsabndn@sh.itjust.works 2 points 2 days ago* It sounds like a couple of billionaires are staking their fortunes on a dice roll because the world bores them and fuck everyone else. Right? Edit: I meant a couple, two three billionaires. permalink fedilink source parent
[–] Auli@lemmy.ca 2 points 2 days ago Because they don't need us. As long as they trade amongst themselves the price goes up. We can all die for all they care. permalink fedilink source parent