posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Replying to @HaraldvonBlauzahn@feddit.org
My youtube algorthim is filled with AI-skeptics (Eli the Computer guy, Ed Zitron, Prof G Markets) so this has been the slowest car crash I’ve ever gotten to watch happen. If Donald had actually focused on inflation all of these debt-sensitive AI plays could’ve continued to whistle through the graveyard. The skeptics have called out coreweave as being potentially the first domino to topple and their 6 year debt is trading at 15% right now. Thanks to plummeting token costs, they need to double their token sales every 90 days.
Replying to @likebudda@reddthat.com
Stop using YouTube. The algorithm is not good for your mental health, nor to learn anything of substance.
Replying to @redballooon@lemmy.world
The algorithm is dog ass. YouTube is still full of plenty smart people with something to say, though. It’s a video sharing platform; that doesn’t inherently mean every content creator who uses it is also dog ass.