HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 3 days agoBanks are now trying to offload the AI data center debt they just underwrotestartupfortune.comexternal-linkmessage-square238linkfedilinkarrow-up11arrow-down10cross-posted to: [email protected][email protected]
arrow-up11arrow-down1external-linkBanks are now trying to offload the AI data center debt they just underwrotestartupfortune.comHaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 3 days agomessage-square238linkfedilinkcross-posted to: [email protected][email protected]
minus-squareRcklsabndn@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 day agoSpeaking as an ancient person that has survived 40+ years of a capitalist hellscape, Yes. The bubble always bursts. It is a thing that bubbles do.
minus-squareBigDanishGuy@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 day agoI remember the wall coming down and Denmark winning the UEFA cup in '92… I think the AI bubble is gonna be so much worse than dotcom or housing in 2008. To me this AI bullshit is the dotcom on steroids.
minus-squareJaysyn@lemmy.worldlinkfedilinkEnglisharrow-up0·1 day agoAnd we won’t even get infrastructure out of this. Just a bunch of half finished data centers & $500B in currently warehoused specialized GPUs that can’t easily be repurposed.
minus-squareBigDanishGuy@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 day agoAND an industry that has an inflated sense of pricing
Speaking as an ancient person that has survived 40+ years of a capitalist hellscape, Yes. The bubble always bursts.
It is a thing that bubbles do.
I remember the wall coming down and Denmark winning the UEFA cup in '92…
I think the AI bubble is gonna be so much worse than dotcom or housing in 2008. To me this AI bullshit is the dotcom on steroids.
And we won’t even get infrastructure out of this. Just a bunch of half finished data centers & $500B in currently warehoused specialized GPUs that can’t easily be repurposed.
AND an industry that has an inflated sense of pricing