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
Is this similar to the Dot.Com bubble burst?
Replying to @Gammelfisch@lemmy.world
I think we’re getting close to a pop.
Replying to @Scrollone@lemmy.zip
People always say that, never happens
Replying to @ripcord@lemmy.world
??
Replying to @thermal_shock@lemmy.world
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.
Replying to @ripcord@lemmy.world
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.
Replying to @percent@infosec.pub
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.
Replying to @jumping_redditor@sh.itjust.works
right now they are trying t get governments to buy into slop for AI surveillance purposes.