i throw money why no works ? ? ?

"The fact that my business model doesn't work is an unfair threat to my business model!"

"Won't somebody think of the poor billionaires?!"

The current AI craze is a fraud that's pushed by the "tech leaders".
So hungry for money they build "empty" datacenters just to rent them out at a later date to an unknown customer...
Meanwhile the big names are giving each other their money and hardware in some perverse rotation scheme and call it profits.

They're all so glued to it that they urgently need to prevent the bubble bursting lest they destroy all their riches.

Seems to be good-news-friday

I hope that this means thoughtful conversations about how much AI compute infrastructure is actually useful given realistic demand curves, where it should be located, what resources will it require, and, importantly, how the companies that benefit from it will directly share those benefits, as compared to hazy gestures towards "economic development".

I fear that this is just the industry telling us they're about to start lying even more than they have.

This sounds like a win for homeowners power bills…infinite growth projections for these projects was ludicrous levels of stupidity.

Maybe this was simply too much, too fast, with insufficient demonstrable value.

But the NDAs, backroom deals, hoarding, shell games with debt, blatant illegal activity and disregard for environmental laws and just all the fucking shenanigans have to come to a head. Of course this was going to get hit with backlash!

If all these companies weren’t treating this as a selfish land grab maybe everyone wouldn’t hate them.

I mean, these tech CEOs went to college graduation ceremonies and said "None of you will be getting jobs, lol" and went on TV and said "AI will destroy humanity" and then ramped their data center expansion so rapidly that peoples electric bill went up by 300% and when the public hates them and their technology and votes accordingly they are "What happened? How can people be so short-sighted? Why is this so political?"

I dunno, fuckheads, maybe move fast and break things isn't a popular strategy when applied to society.

No one wants your AI running in jet powered freshwater-sucking data centers when you can run open models on the equivalent of a few incandescent bulbs.

Not to mention it makes no sense to trust these corporations that stole all the training data to keep your intellectual property safe and out of their future models.

None of it makes sense.

A trillion dollars for who, to achieve what? For the rich, to enrich themselves.

It's not the danger that pisses me off. That's manageable with good regulation and enforcement. It's their insistence that I have to embrace this technology or else forgo the technologies and services that I regularly use that I object to!

Google used to be awesome. Now search is a garbage fire that barely works. Texting on my phone used to predict typed words based on my frequently used words, now it offers words that I almost never use! I can't even use Google Assistant any longer without signing up for Gemini.

Nvidia used to sell graphics card to consumers and those cards were affordable. Now even ten year old refurbished cards are getting more expensive and harder to find.

Most other tech companies suck in much the same way. Used to be great (or at least pretty good)... Went all-in on AI... Now it sucks giant donkey balls AND the product or service is more expensive than ever! Fuck me right?!

The capabilities of AI are indeed impressive, but not everyone needs it and most people like me don't want it. And I, for one, am absolutely not willing to pay for any AI services period!

And let's not forget the environmental disaster the data centers have turned out to be!

I hope the entire AI industry dies in a fire!

And once again, all tech leaders give a shit about his money. They're willing to destroy the planet, eat up all the energy, pollute all the water, it doesn't matter, as long as they can make their fucking money.

Think about poor defenseless data centers!

This shit wouldn't have happened if we sent all the Web3 guys to the bottom of the ocean.

Good.

We went from 0 data centers to 3 under construction in the last couple years. I hope they abandon the projects and let wildlife have the land back.

The half finished, already in debt AI centers, offering services that the public is widely unwilling to pay for?

Oh no…

Anyway, how’s this Friday going for everyone?

ooohhh nooooo....

the tragedy