Turns out Generative AI was a scam

https://lemmy.bestiver.se/post/952771

Turns out Generative AI was a scam - Lemmy: Bestiverse

Comments [https://news.ycombinator.com/item?id=47161111]

Very, very marginal use cases, that don’t warrant the amount of investment, could’ve achieved with smaller models, and without cooking the planet as much.
hey thats why they are pedalling it to india to have the datacenter, india is already cooking and MODI wants to give tax holidays.
What are tax holidays?
It’s a thing to encourage foreign investors.
Honestly, if the Modi govt. is still furthering that strategy, I think that they are out of good ideas and should hand over to another.
modi probably wants it to shill AI-PROPAGANDA on indians, being as unpopular as he is.

being as unpopular as he is

IDK about that.
He seemed pretty popular around the previous election.

Effectively the government paying you to move there by allowing you to not pay any taxes. So if your company is paying $2m/yr in taxes, you’re being paid $2m+ to move your operations. You’ll lose some of that to construction costs, but you’ll likely more than make that up by paying (comparatively to previous employees) slave wages to locals.