▲ 784 ▼ Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com) submitted 1 week ago by HaraldvonBlauzahn@feddit.org to c/technology@lemmy.world 258 comments fedilink hide all child comments
[–] thermal_shock@lemmy.world 0 points 1 week ago (6 children) ?? permalink fedilink source parent hideshow 6 child comments replies: [–] ripcord@lemmy.world 2 points 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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