Sam Altman has been talking about planning to spend trillions on just the data centers, let alone everything else that goes into creating their slop machines.
I suspect the data centers in question here are the “Stargate” project, a “joint venture” between Open AI and softbank where the liquidity for Open AI’s part of the investment appears to be money from Softbank that Softbank doesn’t have on hand and only intends to give OpenAI if they convert to a for profit entity by the end of the year.
oh and they intend to let a crypto company who has never built a data center build it.
I wouldn’t hold my breath on those data centers being built.
As far as I’m aware that was “only” 500 Billion with a ‘B’ in project Stargate, not the Trillions with a ‘T’ that Altman was talking about.
I do think it’s all a shell game and a fragile house of cards of tech brohaha. Really hoping the “We’re in a bubble” comment from him is the start of that house crumbling
Not even 25% of the GDP of the top ten nations. Seems like a much more worthy spend imo. Like all these billionaires want a dick measuring contest, let’s see who can come up with the coolest carbon neutral tech, let’s see which billionaire can fund the biggest national park or something.
My wife and I dream about building a zero carbon home. Solar roof, mass timber, carbon neutral cement, more environmental based temp systems like an actual thought about air flow. That or starting a commune in Scotland when the world collapses.
try to hype up a dying industry which was a scam to begin with, to get MORE VC funds to stave off the billions they are going to lose in the future. they thought CRYPTO was the next big then, when that dint work it was AI.
You dropped a few of these -> “0”
Sam Altman has been talking about planning to spend trillions on just the data centers, let alone everything else that goes into creating their slop machines.
I suspect the data centers in question here are the “Stargate” project, a “joint venture” between Open AI and softbank where the liquidity for Open AI’s part of the investment appears to be money from Softbank that Softbank doesn’t have on hand and only intends to give OpenAI if they convert to a for profit entity by the end of the year.
oh and they intend to let a crypto company who has never built a data center build it.
I wouldn’t hold my breath on those data centers being built.
I’m guessing you’re a fan of Better Offline?
As far as I’m aware that was “only” 500 Billion with a ‘B’ in project Stargate, not the Trillions with a ‘T’ that Altman was talking about.
I do think it’s all a shell game and a fragile house of cards of tech brohaha. Really hoping the “We’re in a bubble” comment from him is the start of that house crumbling
Meanwhile, estimated cost of reaching global zero carbon emissions is just 17 trillion dollars.
Not even 25% of the GDP of the top ten nations. Seems like a much more worthy spend imo. Like all these billionaires want a dick measuring contest, let’s see who can come up with the coolest carbon neutral tech, let’s see which billionaire can fund the biggest national park or something.
My wife and I dream about building a zero carbon home. Solar roof, mass timber, carbon neutral cement, more environmental based temp systems like an actual thought about air flow. That or starting a commune in Scotland when the world collapses.
I think that’s how much the world’s countries spent on oil subsidies this year alone.
try to hype up a dying industry which was a scam to begin with, to get MORE VC funds to stave off the billions they are going to lose in the future. they thought CRYPTO was the next big then, when that dint work it was AI.