Almost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed
Almost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed
The guy you’re replying is saying that the people who knew spending billions of dollars on AI was bad had “sense” but no money.
The people who had money had no “sense” and thus did not now that spending billions on AI was a bad idea.
tl;dr the people with the money who make the spending decisions have no sense. The rest of us have sense but no money and are not invited to the table where spending decisions are made.
They have perfect sense. The problem is they simply have too much money. Tech monopolists have already maxed out their markets, but their corporate valuations depend on endless explosive growth. So they need to always be chasing the next big thing. They need to find new world changing products, or at least been seen as on the path to such products.
They really don’t have any good places to invest all their money. What good investments does Zuckerberg really have to throw his profits at? Facebook and Instagram really don’t have a lot of growth potential anymore. The market is tapped out. So instead Zuck throws his billions at long shot projects like LLMs and the Metaverse. He’s at the point where the only investment left to him is to buy lottery tickets.
What good investments does Zuckerberg really have to throw his profits at?
He could throw billions at a sad vr waiting room that nobody wants.
I agree, but this isn’t that shoe falling yet.
This is a bunch of people that don’t have experience assuming everything will work and lots of little things not coming together derailing all this stuff. No water, inadequate power, a lack of some local contractors, a disgruntled community, some permitting problem. Any one of these problems surprising them and many many millions of dollars of stuff suddenly in limbo…
It has a place, but not as a pale shadow of the dot com bubble.
The “dot com bubble” led to where we are today. Yes there was a massive speculative bubble but 20ish years later look at the number of Trillion dollar companies that came out of it, how ubiquitous the technology is, and how impactful its been on global society.
The potential for those outcomes is why Venture Capital is willing to light hundreds of billions of dollars on fire.
…AI has no such thing.
People who say this sound just like the people who are still arguing against Solar Panels and Wind Turbines. Neither group wants to accept progress or change and both groups are slowly being crushed by reality.
They’re standing shoulder to shoulder with the group of luddites who killed an SMR project by using arguments that were debunked 50 years ago in the hopes that everything will go back to using coal.
The reason why is simple: The projects were planned at a high level, the engineers checked all the boxes, and the executives pat themselves on the back.
Then they went to order everything and got, “out of stock.”
Ok, so they bought billions of dollars of ram/storage, to put inside servers that haven’t been bought yet, to put inside data centers that haven’t been built yet, in order to run AI that doesn’t work yet, in order to chase profits that are impossible to achieve.
And now, despite driving ram prices up to absurd prices, you’ve begun to realize the same thing all of us knew from before day one. NOBODY WANTS THIS SHIT!!!
I agree with you completely, but,
I wouldn’t say “no one wants this” though. The oligarchs have poured in billions and bought off every media company to constantly spout off about ai companies so your general normie thinks its “the future”. Almost every single (normie) person I know (except 1 who is anti AI, and he’s a geek) is using some form of slopbot for tons of things. Easy excel formulas (that anyone can do), turning pictures black and white (that literally any photo program has been able to do for 30+ years) , to summarize documents (because people are idiots now and have no reading comprehension) etc. The normies LOVE it and eat up the slop. Especially if they were stupid at computers before, now they think they’re on the level of woz because they told a chatbot to make slop code.
Its only here on Lemmy that people dislike it. The rest of the world is already addicted, and we are screwed.
thinks its “the future”
Sort of, yeah. The thing is… it IS the future, whether we like it or not… it’s just not the PRESENT.
Also: PLASTIC!
(Enough, please make all this “future progress” stop?)
Doesn’t matter, they’ve captured the entire supply chain which was their goal.
This is not about AGI… its about monopolizing the future of computing.
All that is just letters of intent or even flimsier agreements, there’s no contracts or actual money changing hands.
Not quite. So while none of it has been made the pre-production, procurement, scheduling machine time, that is what’s going to make retooling to make consumer RAM take forever. TSMC or whomever can’t just flip a switch and produce a different product. It takes weeks to months to change over production that complicated. Money will change hands, work has already been done and agreed upon.
Yup and this is all going according to plan.
Corner the Market
Raise prices
Sell High - The bubble will not burst until they’re ready to leave us holding the bag. The burst will be triggered by the sell off.
Buy low - All these assets will be liquidated during bankruptcy for pennies on the dollar.
Fuck you (and me) Basically.
NOBODY WANTS THIS SHIT!!!
That’s a popular take, especially around here, but AI does have some pretty nice use cases; just not as many as the TechBros would have you believe.
Here’s some examples I’ve personally seen in the last 14 days:
Does all of the “Agentic” Woo Woo shit work? No, it absolutely doesn’t but it is clearly getting better as time goes on.
IMO this whole AI thing has some very strong parallels to the early '80s computer industry. Right now it often requires specialist knowledge for good results which makes it clunky to use, it is somewhat slow, there’s very little interoperability, and it requires enormous amounts of power. Hell even this “over buying hardware” schtick fits right in, this happened with SRAM and then several times with DRAM as the industry matured.
However the industry is also making progress at almost insane speed; not only is the output getting demonstrably better but the negatives are being addressed. In the past 30 days I’ve seen prototype ASIC-esque hardware that works in a standard desktop PC and processes nearly 10,000 tokens a second with local processing.
The only reason you’re not seeing that kind of kit in the market yet is because the models are still changing too much and no one wants to commit hundreds of millions to making cards that would be outdated before they could be shipped. We’re probably only 18-24 months away though.
I’ve also seen 10x improvements in memory usage (TurboQuant) and literally dozens of little tweaks and tricks to reduce footprint and speed processing. Just like what was going on in the PC industry in the '80s and '90s.
So sure, Fuck AI (mostly) as it exists today but it won’t be long before it’s as ubiquitous as tablets and smartphones.
So sure, Fuck AI (mostly) as it exists today but it won’t be long before it’s as ubiquitous as tablets and smartphones.
In order for it to be this ubiquitous it has to run locally or on commodity hardware IMO. The true lasting effects from this hype cycle are likely the capabilities that are being driven into smaller language models that don’t have out of control resource requirements.
In order for it to be this ubiquitous it has to run locally or on commodity hardware IMO.
LLMs as they are, can already run on smartphones, which pretty are ubiquitous themselves.
So a flagship phone would have 12-16 gigs of RAM these days I believe. A low-end phone 4 gigs.
Here are the sizes of some different parameter count versions of Qwen 3.5, a popular Chinese open-weight LLM:
27B: 17 GB - not yet possible to run on current flagship phones, but once the RAM crisis ends, I could see this happening.
9B: 6.6 GB
4B: 3.4 GB
2B: 2.7 GB
0.8B: 1 GB.
For any recently manufactured device, there will be versions of multiple popular LLMs that will run on the RAM size they have available.
Most people do not have a smartphone with that amount of RAM. But ultimately, yeah, eventually it’ll run on readily available hardware or it’ll go into a dustbin.
There’s already ollama and stuff. That’ll last.
In order for it to be this ubiquitous it has to run locally or on commodity hardware IMO.
I agree, which is why I shared that I recently saw a prototype ASIC-esque PCI card. The local hardware is coming, the models just need to settle down some before anyone will commit to building that hardware.
In the '90s and '00s you needed a zillion dollars of custom Silicon Graphics workstations and months of processing to do the FX for movies like “The Terminator”. In 2020 you could replicate it in a few hours with commodity hardware.
The LLMs and AI will be the same, it just needs more than 5 years to get there.
I don’t think you get why I don’t want AI.
All the things you mentioned that AI is good at? Thats a bad thing to have. The more the technology becomes better, the worse all of our lives become.
AI will steal all jobs. ALL jobs. Even the prostitutes. Whatever your job is, AI within 10 years will do it better than you at a fraction of your cost. Basically for free. And you can’t get another job, because ALL jobs are AI now. Build a robot, slap some AI in it, connect it to the main server, and it now has access to every AI units databases.
And then what about us? Well, the wealthy become the overlords, and we become the slaves.
Whoa whoa, has “eat the rich” been one of those situations where the hyphen/comma is in the wrong place?
It’s really “Eat, the rich!”
I think the only industry that’s actually safe at this time is psychology. Therapy and mental health is bigger now than before. Plus it requires a real comprehensive understanding of the human experience that’s simply impossible for AI to do effectively with positive results.
There probably be attempts though, I do think it’ll be ruled as highly illegal.