this post was submitted on 29 May 2026
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Technik

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The Dead Economy Theory - by Owen McGrann - The Palimpsest (www.owenmcgrann.com)
submitted 1 week ago by jandoenermann@feddit.org to c/technik@feddit.org
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[–] jagermo@feddit.org 5 points 1 week ago (2 children)

OpenAI, Anthropic, Google DeepMind, Meta AI, Microsoft: the combined investment in large-scale AI infrastructure now runs into the hundreds of billions of dollars

Also, i think they know the market has limits and just hope that their company will be the last one standing.

Currently, the only winner seems to be Nvidia as they sell the shovels.

https://isaiprofitable.com/

[–] UnderpantsWeevil@lemmy.world 5 points 1 week ago

Currently, the only winner seems to be Nvidia as they sell the shovels.

But they sell a bunch of them on credit

[–] DmMacniel@feddit.org 2 points 1 week ago

Currently, the only winner seems to be Nvidia as they sell the shovels.

Outstanding move