SahwaAlmost Half of US Data Centers That Were Supposed to Open This Year Slated to Be Canceled or Delayed
UnspecificGravityWho knew that spending billions of dollars to put a conceptual shit generator into every corner of the world was a bad investment?
Lots of people with more sense than money, unfortunately.
If they had more sense than money, they’d be sensible enough to not make those investments. It’s more money than sense. Or you could go with “less sense than money,” but that feels wrong somehow. As is, you’re doing the “could care less” thing.
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.
well oracle just slashed 30k jobs to pay for it
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.